AGC to Build Second Float Glass Plant in Brazil
Asahi Glass Co. (AGC) announced recently that it will invest approximately ¥18 billion (~ $161 million) in its consolidated subsidiary, AGC Glass Brazil, to build a second float glass production plant in the southeast region of Brazil. The new plant is scheduled to be completed by the end of 2018, which will increase AGC’s glass production capacity to 530,000 tons per year, up 310,000 tons from the current 220,000 tons a year.
AGC Glass Brazil manufactures and supplies float glass for architectural and automotive uses, mirrors, fabricated glass products for architectural use, and laminated/tempered automotive glass. Its business is reportedly showing steady growth with increased market awareness for the high-quality, wide-ranging products and services.
For more information, visit www.agc-group.com.