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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.28 | 0.36% | 77.98 | 77.94 | 77.98 | 78.28 | 77.68 | 77.88 | 64,769 | 09:34:41 |
PARIS, October 29, 2014 /PRNewswire/ --
Saint-Gobain has inaugurated its first plasterboard plant in Indonesia, near Jakarta. With an annual capacity of 30 million square meters, this new production site will enable the company to respond better to local demand and continue the Group's growth on the rapidly growing Indonesian plasterboard market. This investment will also strengthen the Gypsum Activity's presence in Southeast Asia where it already has four other plants in Malaysia, Thailand and Vietnam.
Saint-Gobain will soon have six plants in Indonesia for its Abrasives, Industrial Mortars and Performance Plastics businesses. The automotive glass business recently announced that it is investing in a first plant in partnership with Central Glass.
Given its strong growth potential, the resilience and size of the country's domestic demand, the vigor of its construction sector and strength of its automotive industry, Indonesia plays a key role in the Group's strategic development in Southeast Asia.
About Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building and high-performance materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2013 sales of €42 billion, Saint-Gobain operates in 64 countries and has nearly 190,000 employees. For more information about Saint-Gobain, please visit http://www.saint-gobain.com or download the new "Saint-Gobain Shareholder" application for tablet and smartphone.
Analyst/Investor Relations
Gaetano Terrasini
+33-1-47-62-32-52
Vivien Dardel
+33-1-47-62-44-29
Marine Huet
+33-1-47-62-30-93
Media Relations
Sophie Chevallon
+33-1-47-62-30-48
Susanne Trabitzsch
+33-1-47-62-43-25
SOURCE Saint-Gobain
Copyright 2014 PR Newswire
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