Guardian to build $112m glass factory in Krasnodar region

USA-based glass manufacturer Guardian has announced $112m plans to build a plant to produce float glass in Krasnodar region.

The plant is reportedly to be built on a 30-hectare site in the region’s town of Krasny Sulin.

The plant’s projected annual capacity is 700,00o tons of glass.

Construction is scheduled to begin in late 2009 – early 2010 and be finished by 2012.

600450 Guardian to build $112m glass factory in Krasnodar region glassonweb.com
Date: 9 March 2009
Source: Marchmontcapital.com

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