Re Agreement
02 April 2009 - 5:57PM
UK Regulatory
TIDMCOD
RNS Number : 9833P
Compagnie de Saint-Gobain
02 April 2009
April 2, 2009
Saint-Gobain and Sisecam sign an agreement to jointly develop their flat glass
activities in Egypt and Russia
The Saint-Gobain and Sisecam groups have agreed to jointly develop their flat
glass (float) activities in Egypt and Russia, by carrying out two projects
together.
Sisecam will take a minority stake in Saint-Gobain Glass's investment project to
build its first float glass production line in Egypt, alongside Saint-Gobain's
local partner, MMID.
In addition, a joint venture will be set up between Saint-Gobain and Sisecam for
the construction of a float line in Russia, in the Republic of Tatarstan. A
feasibility study for this investment was recently announced by Trakya Cam, a
company of the Sisecam Group. Output from this plant will be sold in the
building and automotive markets.
+----------------------------------------+------------------------------------+
| Analyst/Investor relations | Press relations |
+----------------------------------------+------------------------------------+
| Florence Triou-Teixeira +33 1 47 62 | Sophie Chevallon +33 1 47 62 30 48 |
| 45 19 | |
| Etienne Humbert +33 1 47 62 30 49 | |
| Vivien Dardel +33 1 47 62 44 29 | |
| | |
+----------------------------------------+------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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