Compagnie de Saint-Gobain New capacity (7011L)
January 13 2016 - 2:19AM
UK Regulatory
TIDMCOD
RNS Number : 7011L
Compagnie de Saint-Gobain
13 January 2016
January 13, 2016
Saint-Gobain is to increase its flat glass production capacity
in India
Saint-Gobain is to invest around EUR135 million over the next
two years to develop production capacity at its glass facility near
Chennai, India's largest such facility.
A third flat glass production facility (the Group's fifth float
in India) and a second coater for the construction market will be
built on this site. The plant will produce premium
high-performance, energy efficient glass using leading-edge
technologies which contribute to the environment protection.
This initiative bolsters Saint-Gobain's position in flat glass
as leader of the fast-growing Indian market, and is in line with
the Group's strategy to increase the share of its industrial assets
located outside Western Europe.
ABOUT SAINT-GOBAIN
Backed by its experience and its capacity to continuously
innovate, Saint-Gobain, the world leader in the habitat and
construction market, designs, manufactures and distributes
high-performance and building materials providing innovative
solutions to the challenges of growth, energy efficiency and
environmental protection. With 2014 sales of EUR38.3 billion*,
Saint-Gobain operates in 66 countries and has more than 170,000
employees. For more information about Saint-Gobain, visit
www.saint-gobain.com and the twitter account @saintgobain, or
download the "Saint-Gobain Shareholder" application for tablet and
smartphone.
* restated excluding Verallia
Analyst/Investor relations Press relations
----------------------------------- ---------------------------------------------------------
+33 1 47
62 32 52
+33 1 47 +33 1 47
Gaetano Terrasini 62 44 29 62 30 10
Vivien Dardel +33 1 47 Charles Hufnagel +33 1 47
Florent Nouveau 62 30 93 Susanne Trabitzsch 62 43 25
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This information is provided by RNS
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