Asahi Glass To Build The World’s Largest Float Glass Furnace In Russia

Asahi Glass Co., Ltd. (Headquarters: Tokyo; President: Masahiro Kadomatsu) has decided to build an additional float glass furnace in Russia.

To meet the local growing demand for glass, the Company will invest around 135 million euros (about 21 billion yen) to establish the world’s largest furnace (capacity: 1,000 tonnes/day).

This furnace is the fourth one that the Company group will have constructed in Russia. The construction is scheduled to begin from the second quarter of this year, and its volume production will start around the beginning of 2009. AGC Group is currently a leading company in high-quality glass market in Russia.

The subsidiary Glaverbel S.A. (Headquarters: Belgium) acquired Bor Glassworks, a Russian company, in 1997, to conduct business activities. In 2002, Glaverbel S.A. newly established Glaverbel Klin, started its volume production from 2005.

The objectives of this investment are to meet the expanding demand for high-quality float glass and the growing needs for high value-added products such as mirrors and superinsulating Low-E glass, and reaffirm the number one position in the Russian market In addition, the company aims to utilize the current production system, know-how, and trained personnel, speed up the construction of the new furnace, and reduce costs, by building a furnace at Glaverbel Klin, which already has one float glass furnace. Asahi Glass will continue to proactively operate business in fast growing markets where demand for its products is high, while providing higher quality and better services through global benchmarking.

600450 Asahi Glass To Build The World’s Largest Float Glass Furnace In Russia glassonweb.com

See more news about:

Others also read

The main industry event is approaching - the International Forum "Glass and Modern Technologies - XXI."
The partnership between Tecglass, HFD House and Mosavtosteklo led to an extraordinary new achievement in the area of cutting-edge architectural projects.
The International Forum “Glass and Modern Technologies - XXI” will be held on December 11, 2018 in Moscow, in the building of the International Industrial Academy, 20 Shchipkovsky Pereulok. industry.
The Caspian float glass plant signed an agreement with the Azerbaijani company QLASS HAUS on the supply of colorless glass for $ 5 million.
On September 24th, Peng Shou, president of China National Building Material Co., Ltd. and board chairman of Triumph Technology Group Company, held friendly talks with Takuya Shimamura, president of AGC Inc.(former Asahi Glass Co.), during his visit to Japan for attending the ICG Annual Meeting 2018.
From April 2 through 5 the Russian Construction Week will feature the International Exhibition for Building and Finishing Materials and Technologies RosBuild 2019 co-located with Mir Stekla 2019.

Add new comment