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Business EconomyPosted at: Jan 13 2016 5:24PM


Saint Gobain to invest additional Rs 1000 cr in Chennai plant

Chennai, Jan 13 (UNI) Saint-Gobain would be expanding its
glass manufacturing facility at Sriperumbudur, about 40 km
from here, with an additional investment of Rs 1,000 Crores
over the next two years to meet the growing demand.
With this, the company's cumulative investment in this
facility would touch the Rs 3,000 crore mark.
These investments will add significant manufacturing
capacity and capabilities to the complex which includes
float-glass plant and a new magnetron coater plant, a
company release here today said.
It said the third float-glass plant to come up on this
site will be the largest in India and the Region, and will
be equipped to manufacture a wide range of complex
products catering to the needs of sustainable habitat
and affordable luxury.
It will be an automated, energy efficient, scalable
and flexible, state-of-the-art integrated glass facility,
it said, adding, the plant will feature several innovative
processes that are being deployed for the first time in
India and the Region.
Keeping in mind the global trends, Saint-Gobain will
be investing in a second magnetron coater facility.
With this,the complex will have the capacity to
manufacture 144 million sq ft of high-performance,
High-Selective, Energy-Efficient Glass catering to
entire Africa, Middle-East, ASEAN, Oceania region.
UNI GV VV AK 1722
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Tags: #Saint Gobain to invest additional Rs 1000 cr in Chennai plant
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