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

10-08-2006

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.