Japan's Asahi Glass to build new furnace in Czech Republic


Japan's largest glass maker, Asahi Glass, said Thursday it plans to invest 100 million euros (128 million dollars) in the building of a new glass furnace in the Czech Republic. Construction of the furnace with a capacity of 700 tonnes a day will start later this year at a factory owned by its European subsidiary Glaverbel S.A., the Japanese company said in a statement. Full-scale production of float glass, which is mainly used for construction and automobiles, will begin at the furnace in 2008.