Glaverbel has inaugurated its new manufacturing complex at Klin, near Moscow.
The site produces float glass, coated superinsulating glass and mirrors.
Inauguration for the plant was held on Friday, September 16 in front of more
than 500 people, according to a Glaverbel press release. The industrial configuration
comprises a float glass line with a 180,000 tons/year capacity and two downstream
processing units.
The project represents an investment of more than $160 million Euro and is
intended to meet an increasing demand for glass generated by the sustained growth
of the building and car industries in Russia. Construction on the facility began
in September 2002 and employs 280 personnel.
"Together with the two Bor Glassworks float plants in Nizhny Novgorod
and the nationwide processing and distribution network managed by our sales agency
Glaverbel Vostok, Glaverbel Klin will strengthen our leadership and boost our
image as a pioneer in Russia," said Arthur Ulens, Glaverbel chief executive
officer.