AGC and Panasonic to Jointly Develop Vacuum-Insulated Glass for the European Market
This effort will combine AGC’s low-e glass technology and glass processing techniques with Panasonic’s plasma display panel development and manufacturing technology.
AGC and Panasonic have agreed to partner in developing high-performance, vacuum-insulated glass and releasing the product for sale in the European market. AGC will install a new production line for producing vacuum-insulated glass at its plant in Belgium, with a March 2019 scheduled sales launch in the European housing market. The planned investment for this endeavor is roughly €10 million (approximately $11.6 million); 20 new employees are expected to be added.
There is a growing need for soundly insulated residential replacement windows in Europe due to the common practice of homeowners renovating older houses. In response, AGC and Panasonic have decided to jointly develop what will reportedly be the highest-class vacuum-insulated glass in the industry for release into the European market. More specifically, this effort will combine AGC’s low-e glass technology and glass processing techniques with Panasonic’s plasma display panel development and manufacturing technology. This vacuum-insulated glass reportedly delivers thermal insulating performance equivalent to the industry’s highest insulation glass with about 1/4 to 1/5 the thickness, making it possible to install into existing sashes when replacing glass windows.
Panasonic will provide the support necessary for rapid manufacturing startup, while AGC will draw on the strengths of its own market information, sales network and established architectural glass product brands with the aim of deploying the product for multiple applications. By taking advantage of both companies’ competitive advantages, AGC and Panasonic expect to contribute to improving the living environment in Europe, which is also world’s largest market in terms of insulated glass.
The two companies are considering launching sales into the refrigerator/freezer showcase equipment market as well. Also related, AGC plans to sell the product in Japan for use in buildings, including residential homes, while Panasonic has plans to use the product to expand its own business and product material lineup.