Saint-Gobain buys stake in Chinese flat glass company

  

Saint-Gobain has taken a 50% stake in a flat glass production line of the Chinese group JJG.

The Chinese company is located in Zibo, Shandong province, North-East China, with an annual capacity of 160,000 tonnes. 

The 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. 

Saint-Gobain has been present in glass in China since 1994. It already manages one flat glass production unit of 100,000 tonnes per year in Qingdao in the Shandong province, and three production units for automotive glass. 

This investment is in line with its strategy of expanding its presence in emerging countries, reinforcing its position in automotive glass in China.