Brazilian printed glassmaker União Brasileira de Vidro (UBV) is to close.
Sergio Minerbo, UBV President, said Brazilian economic conditions and the domestic market situation made the decision inevitable. Therefore, the company would not rebuild its furnace for another production cycle.
“In this way, we inform that on April 3, 2018 we discontinued production.
“From that date we will attend to the requests in the commercial conditions in force until our stocks of the various products and measures last. "
The company recently celebrated its 60th anniversary.