EFG Gets GCC Backing

Emirates Float Glass has revealed that a group of investors from across the GCC will contribute to the total equity of EFG, with the overall share ratio comprising 30% for GCC investors and 70% for UAE investors.

EFG's $193m float glass production plant, which is likely to be built at Abu Dhabi's Industrial City, will have an annual capacity of about 160,000 tonnes of various glass products.

Read the entire news on the source link below.

600450 EFG Gets GCC Backing glassonweb.com
Date: 6 July 2006
Source: Ameinfo.com

See more news about:

See more from these topics:

Others also read

Construction of AED 550mn MAG 318 due to complete in Q4 2019.
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.
Strohmeier will drive Building Technologies business for digitalized infrastructure in the Middle East.
Bangkok Glass (BG), one of the Asian top players in container glass manufacturing, relies on Grenzebach technology for their new float glass line.

From industry

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

40 Corniche El-Nil,
Al Sharafain Tower Maadi,
Cairo Governorate
11728
Egypt

101 Venture Way
Secaucus, NJ 07094-1808
United States

Add new comment