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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Compagnie De Saint-gobain | LSE:COD | London | Ordinary Share | FR0000125007 | COMPAGNIE DE ST-GOBAIN ORD SHS |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.30 | -0.38% | 78.10 | 74.65 | 81.95 | 57,264 | 16:35:18 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Construction Machinery & Eq | 47.94B | 2.67B | - | N/A | 40.16B |
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RNS Number : 9833P
Compagnie de Saint-Gobain
02 April 2009
April 2, 2009
Saint-Gobain and Sisecam sign an agreement to jointly develop their flat glass
activities in Egypt and Russia
The Saint-Gobain and Sisecam groups have agreed to jointly develop their flat
glass (float) activities in Egypt and Russia, by carrying out two projects
together.
Sisecam will take a minority stake in Saint-Gobain Glass's investment project to
build its first float glass production line in Egypt, alongside Saint-Gobain's
local partner, MMID.
In addition, a joint venture will be set up between Saint-Gobain and Sisecam for
the construction of a float line in Russia, in the Republic of Tatarstan. A
feasibility study for this investment was recently announced by Trakya Cam, a
company of the Sisecam Group. Output from this plant will be sold in the
building and automotive markets.
+----------------------------------------+------------------------------------+
| Analyst/Investor relations | Press relations |
+----------------------------------------+------------------------------------+
| Florence Triou-Teixeira +33 1 47 62 | Sophie Chevallon +33 1 47 62 30 48 |
| 45 19 | |
| Etienne Humbert +33 1 47 62 30 49 | |
| Vivien Dardel +33 1 47 62 44 29 | |
| | |
+----------------------------------------+------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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