Pilkington and Saint-Gobain to build zl.465 mln glass mill
Two world players in glass production, British Pilkington and French
Saint-Gobain, are to construct together a zl.465 million float technology
glass mill in Wykroty, Lower Silesia. The construction is scheduled to
start at the beginning of next year and should be completed by 2003. The
mill's production capacity is to amount to approximately 260,000 tonnes a
year with its output aimed at the construction sector. According to J.P.
Morgan's Mike Betts, the Polish market is unable to absorb such an amount
of glass and this is why the joint venture is counting on exports. Both
investors already have float glass plants in Poland, the combined
production of which is 350.000 tonnes of glass per year. (Rzeczpospolita,
p. B3, Puls Biznesu, p.4) P.J.
