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Saint-Gobain plans 100 mln eur new flat glass production line in India
Posted by naatmad on Tuesday, 24 June, 2008
COURBEVOIE, France (Thomson Financial) – Compagnie de Saint-Gobain said it plans to build a new flat glass plant in India to meet the increasing demand of its customers there, and estimates the total investment cost at around 100 million euros.
This latest investment will be located in the North of India, about 65 km from Delhi. The plant will operate a very large float line, with a capacity of 300 KT/year; and should come on stream in the first quarter of 2010.
The project comes on top of the other capital expenditures in flat glass planned by Saint-Gobain in Poland, Egypt and Colombia, the company said.
The site chosen will, in the future, enable the group to establish a new large glassmaking complex similar to that of Chennai.
Source CNBC
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[...] COURBEVOIE, France (Thomson Financial) – Compagnie de Saint-Gobain said it plans to build a new flat glass plant in India to meet the increasing demand of its customers there, and estimates the total investment cost at around 100 …Posted from By naatmad [...]