Saint-Gobain has taken a 50% stake in a flat glass production line of JJG
Saint-Gobain has set up a joint venture with Chinese group JJG, in a move to double its production of basic glass.
Saint-Gobain has announced that it has taken a 50% stake in a flat glass production line of the Chinese group JJG, located in Zibo in the Shandong province, North-East China, with a total annual capacity of 160,000 tonnes.
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.
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 the Group’s strategy of expanding its presence in emerging countries, reinforcing Saint-Gobain’s position in automotive glass in China.