Glaston operates in growing markets, and the safety glass market is expected to grow by nearly 7% per year up to 2017.Growth is driven by the increased use of safety glass, the rise in energy-savings glass both in renovations and in new constructions, as well as the growing trend to use more glass in the construction sector.
"All of these are positive drivers for Glaston. During the past years we have systematically continued our investments in R&D and we are well positioned to serve the markets as they begin to expand. We offer our customers premium glass processing machines and related services and our customers can be confident that they consistently produce optimum quality glass end products with high productivity and energy efficiency", Arto Metsänen , CEO and President of Glaston Corporation stated during Glasstec exhibition in Düsseldorf, Germany.
"The new products that Glaston has launched in recent years have been very well received on the market. In 2013, as much as 80% of glass processing machines sold by Glaston were developed during the three preceding years. This development has continued this year and shows that our product development responds excellently to the developing customer needs", said Arto Metsänen.
Strong lineup of new products
"The new machinery launched at Glasstec 2014 all represent the continuous development work we are doing to provide technology that keeps our customers staying ahead in their businesses", said Juha Liettyä, SVP Glaston Machines.
The new tempering line Glaston FC1000 meets the most stringent demands for flatter and iridescence-free glass. In addition, FC1000 provides a significant increase in energy efficiency and Low-E glass tempering capacity. FC1000 can also be equipped with a brand-new intelligent online assistance system, GlastonInsight. Using an accurate temperature scanner and the online quality measuring system, GlastonInsight helps to raise the glass quality to an excellent and more uniform level, minimizing waste for higher production efficiency.
Glaston HE500 that is on display at Glasstec, represents the new HE Series which has been built to match Glaston tempering line's specifications and design to provide our customers with a new concept that combines extreme flexibility and performance. It offers a very versatile combination for grinding, polishing or seaming flat edge or pencil edge glass.
The new Glaston XtraSpeed tools for automotive OEM market, XtraLight tools with polymeric body and SmarTech tools with magnetic coupling are all representing the new innovations in the diamond and polishing tools technology.
Glaston Vortex Pro convection control system represents the various upgrade solutions Glaston offers to extend the lifetime of the machinery. Vortex Pro is available for any Glaston (Tamglass/Uniglass) flat tempering line. It is a cost-efficient way to upgrade and extend the capability of the existing machinery.
"This year we've brought on display a wide variety of glasses made by Glaston technology worldwide, just to show the visitors what is possible with our technology and what quality level one can reach with our technology today",
Juha Liettyä, SVP Glaston Machines, stated.
Director, Communications and Marketing, phone: +358 40 7453 737
Glaston is a global company developing glass processing technology for architectural, solar, appliance and automotive applications. Our portfolio ranges from pre-processing and safety glass machines to services. We are dedicated to our customers' continued success and provide services for all glass processing needs with a lifecycle-long commitment in mind. For more information, please visit www.glaston.net. Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Small Cap List.
Attachments:Glasstec press release 22 October 2014.pdf