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SGO Cie de SaintGobain

78.56
0.80 (1.03%)
Last Updated: 14:29:27
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cie de SaintGobain EU:SGO Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 1.03% 78.56 78.54 78.56 79.00 77.88 78.00 275,736 14:29:27

Saint-Gobain Acquires Stake in JJG Production Line in China

11/04/2018 5:42pm

Dow Jones News


Cie de SaintGobain (EU:SGO)
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   By Anthony Shevlin 
 

Compagnie de Saint-Gobain SA (SGO.FR) said Wednesday that it has acquired a 50% stake in a flat-glass production line of the Chinese group JJG.

The French company said the production line has a total annual capacity of 160,000 tons and is located in the Shandong province in north-east China.

Saint-Gobain said the investment is in line with its strategy of expanding its presence in emerging countries and increases its flat-glass production capacity for the automotive market.

No financial details have been disclosed.

 

Write to Anthony Shevlin at anthony.shevlin@dowjones.com

 

(END) Dow Jones Newswires

April 11, 2018 12:27 ET (16:27 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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