AGC to Build Second Float Plant
in Brazil; Repairing Italian Lproixinmateely $27.9 million (25 million
GC Asahi Glass (AGC) is invest- and abundant natural resources, Brazil
ing approximately $158.3 million is expected to maintain its economic euros),according to the announcement.
(18 billion Japanese yen) in its growth from a medium and long-term
The refurbishment includes design
consolidated subsidiary, AGC Glass perspective,” according to a company improvements the company claims“will
Brazil, to build a second float glass pro- release.“The demand for architectural significantly boost the plant’s capacity
duction plant in the country’s southeast glass and automotive glass is also pro- and reduce its energy consumption,with
region.According to the announcement, jected to grow. In such a business envi- a corresponding positive impact on its
completion of the new plant is scheduled ronment, AGC will enhance its yield and product quality.”
for the end of 2018 and will increase the production capacity in Brazil to
Improved environmental perform-
company’s glass production capacity in 530,000 tons per year, up 310,000 tons ance will make the plant eligible for the
Brazil to 2.4 times the current level.
AGC Glass Brazil was established in
from the current 220,000 tons a year.” energy certification system operated by
In other float glass news, AGC Glass the Italian government, with subsidies
Europe plans to carry out the cold re- granted over a five-year period in pro-
011 and began operations in 2013.
With a relatively young population pair of its line in Cuneo (Piedmont, portion to the energy savings achieved,
of approximately 200 million people Italy).This will be an investment of ap- according to the release. s
USGlass, Metal & Glazing | May 2016