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Tecnoglass acquired a 25% stake in Saint-Gobain's Colombia glass facility and plans to build a new float glass plant in Barranquilla, Colombia, to fully integrate raw glass supply. The joint venture aims to source 100% of Tecnoglass's glass needs domestically.
“We saw this as an opportunity to join forces with a global leader, the people who invented raw glass, and participating in that stage where we were not present.”financecolombia.com
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