Şişecam Invests in Furnace Renovation in India

Date: 21 September 2023
Source: Şişecam
Şişecam Invests in Furnace Renovation in India
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Date: 21 September 2023

Şişecam Pursues Its Global Investments

Şişecam, a global player in the glass and chemicals industries, invested USD 56 Million to renovate and upgrade its flat glass furnace with the latest technologies in India. 

Şişecam pursues global growth with production operations spanning 14 countries on four continents and a sales network of over 150 countries worldwide. The company which has been operating in India since 2013, renovated its flat glass furnace at its production facility in Halol. Modernized with an investment of about USD 56 Million, the furnace will produce flat glass, mirror, and frosted glass with a daily production capacity of 650 tons. Thanks to the electric boosting capability and the improved design of the renewed furnace, 15% energy saving is expected after the renovation.

Şişecam Invests in Furnace Renovation in India

Şişecam has been operating in India for over 10 years. In 2013, Şişecam started production operations in the country by purchasing a 50% stake in HNG Float Glass India. In 2018, Şişecam further strengthened its position by purchasing the remaining 50% stake in the company. Today, the facility continues its operations under the name of Şişecam Flat Glass India. After almost 4 months of cold repair, Şişecam is now ready to produce approximately 200.000 tons of flat glass, mirrors, and frosted glass at its renewed furnace annually.

Şişecam which has invested USD 203 Million in India to date employs 264 people in its Halol facility. The company exports from its Halol plant to many countries, including Sri Lanka, Qatar, Nepal, Maldives, the USA, Australia, New Zealand, the Philippines, and Brazil. Şişecam aims to further strengthen its position in the global glass industry by combining its production capabilities in India with an innovative approach and advanced technologies. 

600450 Şişecam Invests in Furnace Renovation in India glassonweb.com

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