Development Bank Allots Euro 120 Mln For Glass Factory Construction

The glass manufacturing works is purposed to create the national glass industry, satisfy the construction industry needs, achieve multiplicative effect for the development of other sectors, the Bank’s press service informs.

Participation of the strategic partner as England’s Pilkington plc in the project will let turn out the competitive products, meeting the world standards.To date a group of Pilkington companies produce more than 15% of the world total of the sheet glass.

The overall value of the glass works construction Pilkington KZ TOO makes Euro 185 300 000. The Kazakhstan Development Bank will allocate Euro 120 300 000 or 65% of the project cost. Besides, the Kazakh Investment Fund is taking an active part in the project as well.

Read the entire news on the source link below.

600450 Development Bank Allots Euro 120 Mln For Glass Factory Construction
Date: 7 March 2007

See more news about:

Others also read

Modernization of Gomelsteklo allowed double the production of all types of products. 
In order to improve a globally expanding business in the areas of container / special glass, as well as in the area of ​​ technological turn-key plants for container and float glass a restructuring and expansion of the leadership of Horn Glass Industries was required.
President of Turkmenistan Gurbanguly Berdimuhamedov took part in the ceremony of commissioning the high-tech glass plant in the industrial zone of Ovadendape of the Geoktepe Etrap of the Akhal Velayat.
Şişecam has submitted an offer for the acquisition of the Sangalli Group’s Sangalli Manfredonia facilities in southern Italy.
Iranian manufacturers are actively mastering the global glass market, paying special attention to new technologies.
This year P-D Refractories is investing around EUR 1.2 million in the expansion of a new post-processing at the Wetro site.

From industry

101 Venture Way
Secaucus, NJ 07094-1808
United States

40 Corniche El-Nil,
Al Sharafain Tower Maadi,
Cairo Governorate

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/İstanbul


Add new comment