Saint Gobain Or Regulatory News (COD)

January 25, 2018

Saint-Gobain investS IN France to meet the rising needs of the insulation market

Saint-Gobain is investing in a new blowing glass wool production line in its Isover plant of Chemillé, near Angers, France. This line, due to come on stream mid-2019, is designed to meet the rising demand of the French market for roof space thermal insulation solutions. It demonstrates Saint-Gobain's commitment in favor of the climate and its active participation in the building energy renovation Plan.

Beyond the installation of this structuring equipment, two other dedicated lines, in Azuqueca near Madrid, Spain and Vidalengo close to Milan, Italy, will become operational in the spring and autumn of 2018 respectively.

These new lines represent a total investment of €45m, mostly earmarked for Chemillé.

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

€39.1 billion in sales in 2016

Operates in 67 countries

More than 170,000 employees

www.saint-gobain.com @saintgobain