Saint-Gobain Increases Flat Glass Production Capacity in Columbia, Divests Businesses in Norway and Sweden
The new capacity will increase Saint-Gobain’s daily production by 750 metric tons of glass dedicated to architectural projects in the region.
Saint-Gobain recently announced that Tecnoglass, a manufacturer of glass windows and façades, has taken a minority share in the capital of its Colombian subsidiary Vidrio Andino. Within the framework of this partnership, Vidrio Andino will build a new float facility in Colombia to meet growing demand for glass in the region.
The float facility will be located near the city of Barranquilla, on the Caribbean Sea, and will reportedly offer a solid manufacturing base for domestic and export markets. The new capacity will increase Saint-Gobain’s daily production by 750 metric tons of glass dedicated to architectural projects in the region. Initial production is planned for 2021.
As part of this partnership, Tecnoglass and Vidrio Andino signed a long-term procurement contract stipulating the supply of glass from this float. Saint-Gobain already operates one float facility in Colombia, in Soacha, near Bogota.
In addition, Saint-Gobain announced that it has sold its regional glass business Glassolutions Norway and Sweden to Mimir Invest AB, a Swedish investment firm. The divested business will continue to use the Glassolutions brand under a franchise agreement.
Glassolutions Norway and Sweden manufactures and distributes glass products. The business has delivered an annual turnover of around €35 million (approximately $40.1 million) and employs 170 people. Saint-Gobain will remain present in the region as a supplier of float glass, insulated glass units and high-performance glass.
For more information, visit www.saint-gobain.com.