Agc - Plans For Solar Control Coating Facility In Indonesia

AGC Asahi Glass, recently announced that it will build a new solar-control coating facility for architectural glass at the Cikampek Factory of PT Asahimas Flat Glass Tbk, one of AGC's consolidated subsidiaries in Indonesia. Through this project, AGC aims to meet the needs for energy-saving buildings, which are growing in Indonesia and other Southeast Asian countries. Capital investment for the construction of the new coating facility is estimated at around JPY 4.0BN, and production capacity is expected to be about 6m sq/m per year. Demand for glass in Southeast Asia is expected to increase 5% or more annually.