Saint-Gobain Plans to Sell Swiss-based Glass Refining Company

2023-04-03 13:25:52

Saint-Gobain Plans to Sell Swiss Glassworks

Recently, Saint-Gobain of France said that the company had signed an agreement with AEQUITA of Germany to sell Swiss glass processing enterprises to each other.

It is reported that the deep processing enterprise will achieve revenue of 25 million euros in 2022, creating about 70 jobs for the local people.

The deal, which is expected to close by the end of May 2023, is part of Saint-Gobain's strategy to continue business profile optimisation and is in line with its "Growth & Impact" strategic plan.


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Saint-Gobain Plans to Sell Swiss Glassworks

2023-04-03 13:25:52

Prices in Ningxia are stable but export sales are low, Gansu is facing callback pressure after price increases, sales in Qinghai are not up to expectations after pushing up, Shaanxi has great resistance to price recovery, Xinjiang is stable due to engineering demand, and the overall market is mainly stable price wait-and-see in the short term.