Pilkington in the clear – float glass plant in Russia

Summary

Pilkington plc and Emerging Markets Partnership (EMP) have announced that they have formed a 50:50 joint venture to construct and operate a float glass plant in the Moscow region of Russia. The plant represents a first step in establishing a growth opportunity for Pilkington in Russia which is an important expanding market for high quality glass due to the increased use of insulating glazed units in  buildings. EMP is a private equity firm that focuses on emerging markets and infrastructure investment. The development of Pilkington's markets in the building products  and automotive industries around the world is also discussed.

Primary author(s): Schluter W

                           

Source: Asian Glass

            October/November,2003,p.50-51


Tell Us What You Think

Do you have a review, update or anything you would like to add to this article?

Leave your feedback
Submit