Compagnie de Saint-Gobain New plant (4098V)

TIDMCOD

RNS Number : 4098V

Compagnie de Saint-Gobain

27 October 2014

October 27, 2014

Saint-Gobain inaugurates its fourth float in India

On October 27, 2014, Vasundhara Raje, Chief Minister of Rajasthan, inaugurated a new flat glass (float) production plant in India, in the presence of François Richier, French Ambassador to India, and Pierre-André de Chalendar, Chairman and Chief Executive Officer of Saint-Gobain.

Located in Bhiwadi, near New Delhi, in the State of Rajasthan, this line started production in March 2014 following more than three years of work and an investment totaling 140 million euros.

This float line covers a surface area of 27 acres and has an annual production capacity of 300,000 metric tons of flat glass, making it the largest of its kind in India. It is Saint-Gobain's fourth float line in the country and it produces clear, tinted and solar control glass essentially for the Indian construction and automotive markets.

The construction site for this plant had an excellent safety record. The site, which offers rainwater collection facilities and showcases a number of environmental protection initiatives, clearly demonstrates the Group's commitment to sustainable habitat. It adopts the industrial excellence methods applied worldwide by the Group.

With this new float glass plant in India, Saint-Gobain Glass is now present in the south, west and north of the country, ensuring a long-term geostrategic advantage for the company, which is positioned as the flat glass leader in the region.

This investment is a milestone for Saint-Gobain in its development strategy in high-growth countries.

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 EUR42 billion, Saint-Gobain operates in 64 countries and has nearly 190,000 employees. For more information about Saint-Gobain, please visit www.saint-gobain.com or download the new "Saint-Gobain Shareholder" application for tablets and smartphones.

About Saint-Gobain Glass

Saint-Gobain Glass incorporates all Saint-Gobain basic glass production plants: flat glass, coated glass, tinted glass, laminated glass, silvered glass and patterned glass. Designed to be transformed and marketed, these products meet energy saving, solar protection, safety, comfort and aesthetic requirements. Employing close to 9,300 employees, Saint-Gobain Glass relies on a strong global network of float and coater facilities. To find out more about Saint-Gobain Glass, visit the website www.saint-gobain-glass.com.

 
 
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