Re Joint Venture
December 19 2000 - 5:52AM
UK Regulatory
RNS Number:0446W
Compagnie de Saint-Gobain
19 December 2000
SAINT-GOBAIN AND PILKINGTON TO BUILD
A NEW FLOAT GLASS PLANT IN POLAND
Saint-Gobain and Pilkington are to set up a joint venture to build a float
glass plant in Wykroty, in the south-west of Poland. The jointly owned
plant will incorporate the latest technology in float glass production.
It will have a capacity of 260,000 tons per year to accommodate the needs
of both companies, with economies of scale.
The cost of this new plant is expected to be 120 million Euros. It will
employ initially 130 people and will produce glass for the building
products sector. Production is due to come on stream in early 2003.
This project is to be approved by the competent authorities
The Flat Glass Division in Poland
The Flat Glass Division of Saint-Gobain set up in Poland at the end of
1994. The Division currently operates, in Katowice (Dabrowa Gornizca), a
float glass plant manufacturing also coated products and mirrors
(Saint-Gobain Glass Polska) and an automotive glass production unit
(Saint-Gobain Sekurit Hanglas Polska). In addition to these industrial
units, a network of glass processing and distribution companies (Glaspol)
has been established to supply the building market throughout the country
and two specialised units have been set up to supply the domestic
appliances (Sovis Kunice) and the furniture (Aurys Lustra) markets. The
Flat Glass Division is also carrying out distribution activities for the
automotive replacement market, through Autover.
This new float line complements an already important industrial
organisation in Poland. It will also enable Saint-Gobain Glass to better
serve the surrounding countries.
December 19, 2000
Investor Relations Department
Tel.: Florence TRIOU-TEIXEIRA +33 1 47 62 45 19 -mailto:
florence.triou@saint-gobain.com
Tel.: Lounis BEKKAT +33 1 47 62 32 36 -mailto:
lounis.bekkat@saint-gobain.com
Fax: +33 1 47 62 50 62
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