Capex

RNS Number : 3054J

Compagnie de Saint-Gobain

28 March 2018

 

PRESS RELEASE

March 28, 2018

Saint-Gobain INCREASES ITS production CAPACITY IN ROMANIA

TO SUPPORT THE FAST-GROWING INSULATION MARKET

Saint-Gobain has announced the modernization and extension of its ISOVER plant's stone wool production line in Ploiesti, Romania, due to come on stream in the second half of 2019.

This renovation will considerably increase the plant's production capacity, taking it up to 30,000 tons a year, and extend its range of products for the Romanian market and neighboring countries. It will also enable Saint-Gobain to strengthen its positions on the insulation market and meet the rising growth in demand in South-East Europe.

Saint-Gobain ISOVER has run operations on its Ploiesti site since 1997, with a glass wool line currently being modernized and due to start up in July 2018, and a stone wool line.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

€40.8 billion in sales in 2017

Operates in 67 countries

More than 179,000 employees

www.saint-gobain.com 
@saintgobain

Analyst/Investor relations		Media relations
Vivien Dardel Floriana Michalowska	[phone]  [phone]	Laurence Pernot Susanne Trabitzsch	[phone]  [phone]

 

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