Tecnoglass and Saint-Gobain form joint venture for float glass in Colombia

Tecnoglass will purchase a minority stake in Saint-Gobain's Colombian subsidiary Vidrio Andino and jointly build a new float glass facility in Galapa, Colombia, with a capacity of 750 metric tons per day. The new facility is expected to be completed in 2021.

“The joint venture will significantly augment Tecnoglass’ vertical integration strategy by allowing it to acquire an ownership interest in one of the first stages of its production supply chain.”tecnoglass.com

• 2 sources
• tecnoglass.comTecnoglass Enters Into Strategic Joint Venture Agreement with Saint-GobainSantiago GiraldoJan 14, 2019
• usg.mydigitalpublication.comUSGlass • February 2019 • Global UpdateFeb 19, 2019

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