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Saint-Gobain to invest Rs1,000 cr more in TN glass biz

By Niranjan Mudholkar,

Added 14 January 2016

New investments in the World Glass Complex, Sriperumbudur

To meet the growing demand of its markets in Africa, Middle-East and ASEAN, Saint-Gobain is expanding the World Glass complex at Sriperumbudur, near Chennai with an additional investment of Rs1000 crore over the next two years taking the cumulative investment in Sriperumbudur to over Rs3000 crore. These investments will add significant manufacturing capacity and capabilities to the World Glass Complex -

•             A new floatglass plant: the third floatglass plant on this site which will be the largest in India and the Region, and will be equipped to manufacture a wide range of complex products that cater 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. The plant will feature several innovative processes that are being deployed for the first time in India and the Region. In line with Saint-Gobain's commitment to sustainable development, the facility will incorporate several innovations contributing to sustainability and will be a benchmark for green manufacturing practices

•             A new magnetron coater plant: keeping in mind the global trends, Saint-Gobain will be investing in a second magnetron coater facility. With this, the World Glass 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. It will accelerate Saint-Gobain's vision to develop the World Glass Complex at Sriperumbudur as a regional resource for catering to the needs of international clients.