StockMarketWire.com - Compagnie de Saint-Gobain's new flat glass (float) production plant in Bhiwadi was officially opened yesterday by Rajasthan chief minister Vasundhara Raje.

The French Ambassador to India, François Richier, and Saint-Gobain.chairman and chief executive Pierre-André de Chalendar were also present.

This line - which is Located in Bhiwadi, near New Delhi, in the State of Rajasthan - started production in March following more than three years of work and an investment totalling €140m.

This float line covers a surface area of 27 acres and has an annual production capacity of 300,000 metric tons of flat glass, making it the largest of its kind in India. It is Saint-Gobain's fourth float line in the country and it produces clear, tinted and solar control glass essentially for the Indian construction and automotive markets.

The construction site for this plant had an excellent safety record. The site, which offers rainwater collection facilities and showcases a number of environmental protection initiatives, clearly demonstrates the Group's commitment to sustainable habitat. It adopts the industrial excellence methods applied worldwide by the group.

With this new float glass plant in India, Saint-Gobain Glass is now present in the south, west and north of the country, ensuring a long-term geostrategic advantage for the company, which is positioned as the flat glass leader in the region.






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