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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 |
TIDMCOD
RNS Number : 8616W
Compagnie de Saint-Gobain
26 November 2010
November 26, 2010
Saint-Gobain and NSG Group Pursue Joint Expansion in Brazil
Cebrace announced today plans to build a new float glass plant in Bahia State, in northeastern Brazil.The new facility will be the sixth float line owned by Cebrace Cristal Plano Ltda, a joint venture between Saint-Gobain Glass and NSG Group in Brazil. The project will enable Cebrace to serve its customers more effectively in this fast-growing region.
The plant will be capable of producing 600 tonnes of flat glass a day to supply the Brazilian construction and automotive markets. Scheduled to come on stream in first-quarter 2013, the world-class production facility will further consolidate Cebrace's geographic coverage of the Brazilian market, where it already has four float lines in the Southeast (including one under construction) and one in the South.
The new plant will enable Cebrace to keep pace with growth in the Brazilian flat glass market and to strengthen its local leadership position.
About Saint-Gobain
Located in 64 countries with over 190,000 employees, Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building materials, providing innovative solutions to meet growing demand in emerging and mature countries, for energy efficiency and for environmental protection. Saint-Gobain's Flat Glass Business produces, processes and markets glass products for three main markets: construction, transport (automotive, aeronautics, rail and industrial conveyors), and solar power. World leader for coated glass, Saint-Gobain Glass covers all the Flat Glass business's primary glass manufacturing facilities and is supported by a powerful worldwide production network comprising floats and coaters.
Analyst and Investor relations Press relations Florence Triou-Teixera +33 1 47 Sophie Chevallon 62 45 19 +33 1 47 62 30 48 Etienne Humbert +33 1 47 62 30 49 Sandrine Douilhet Vivien Dardel +33 1 47 62 44 29 +33 1 47 62 41 41 -----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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