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Saint-Gobain takes 50% stake in JJG flat glass production line in China · Endata

◂ Announcements

Apr 11, 2018ACQUISITIONZibo, Shandong province, China

Saint-Gobain takes 50% stake in JJG flat glass production line in China

Saint-Gobain acquired a 50% stake in a flat glass production line of Chinese group JJG in Zibo, Shandong, with 160,000 tonnes annual capacity, to double its basic glass production in China for automotive supply.

Status

Announced

Capacity

160,000 tonnes per year

Productsflat glass

CompaniesSaint-Gobain Saint-Gobain acquirer JJG partner JJG target

Sectors#Automotive Components

“This JV will allow Saint-Gobain to almost double its production of basic glass in China, reinforcing the reliability of the flat glass supply for its Sekurit automotive glass factories.”investegate.co.uk

2 sources
investegate.co.ukInvestegate | Company AnnouncementInvestegateApr 11, 2018
glassonline.comSaint-Gobain invests in Chinese flat glass production line | GlassOnline.com - The World's Leading Glass Industry WebsiteSoniaApr 26, 2018

Summarized from public sources; check the original articles before acting on it.

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