COURBEVOIE, France: Saint-Gobain
Glass India has just signed a definitive binding agreement concerning the
acquisition of Sezal Glass Ltd's float glass business in India. Through this
deal, Saint-Gobain Glass India will acquire a new float plant located in the
district of Bharuch, in Gujarat, together with its business assets. Brought
on stream in February 2010, this float has a daily production capacity of 550
tons of flat glass to supply the architectural market.
This harmoniously completes the industrial presence of Saint-Gobain Glass
in India: a large manufacturing complex close to Chennai (two float plants,
one magnetron line to produce coated glass, a mirror line, automotive glass
processing plants, and a transformation facility for the architectural glass
segment), automotive glass processing plants in Pune and a new float under
construction near Delhi, operational early 2012.
This latest investment is another illustration of the Saint-Gobain Group
strategy which aims to increase its presence in high-growth countries, and
offer on these markets a vast range of high quality products, including the
most advanced glass solutions in terms of comfort and energy performance.
Located in 64 countries with nearly 190,000 employees, Saint-Gobain, the
world leader in the habitat and construction markets, designs, manufactures
and distributes building materials, providing innovative solutions to meet
growing demand for energy efficiency and for environmental protection.
Saint-Gobain's Flat Glass Business produces, processes and markets glass
products for three main markets: construction, transport (automotive,
aeronautics, rail and industrial conveyors), and solar power. World leader
for coated glass, Saint-Gobain Glass covers all the Flat Glass business's
primary glass manufacturing facilities and is supported by a powerful
worldwide production network comprising floats and coaters.
Analyst/Investor relations
Florence TRIOU-TEIXERA +33-1-47-62-45-19
Etienne HUMBERT +33-1-47-62-30-49
Vivien DARDEL +33 -1-47-62-44-29
Press relations
Sophie CHEVALLON +33-1-47-62-30-48
SOURCE Saint-Gobain
