Glaverbel invests EUR 34.71 million in a new coater at Lodelinsart

The Glaverbel Group is investing in a new coater* at its Lodelinsart plant in Belgium (Charleroi). This new system will upgrade production of coated solar control glass, sold to large construction projects around the world.

It will replace one of the two existing coaters, and will be operational by June 2003. Additional investments include the installation of glass processing equipment and the reorganisation of the plant to optimise the production flow. The total investment amounts to EUR 34.71 million (BEF 1.4 billion).

The investment is secured by an industrial relations agreement with the union organisations. As such, it represents the consolidation of 40 or so jobs, accompanied by a rationalisation of the work rosters with a view to higher productivity. The restoration of the industrial relations climate at Lodelinsart has further encouraged the Group to expand its output of
products with high added value from this plant. Glaverbel Lodelinsart is the only plant in the Group to supply high-tech solar control glass for large architectural projects around the world, such as the Tate Gallery in London, the Johannesburg Stock Exchange, the China Ferry Terminal in Hong Kong, the Carlton Hotel in Singapore, Dubai International Airport, University Square in Sidney, and others.

*Device used to deposit very thin, practically invisible layers of metal oxides on the glass by an electromagnetic process, giving it greater insulating power and/or antisolar properties.

600450 Glaverbel invests EUR 34.71 million in a new coater at Lodelinsart

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