Companies

HNG Float Glass plans 2nd line at Halol unit

Our Bureau Mumbai | Updated on November 13, 2017 Published on January 14, 2011

HNG Float Glass, part of Hindusthan National Glass, plans an investment of Rs 750 crore to set up a second float line at its existing float glass manufacturing plant at Halol, Gujarat.

A memorandum of understanding detailing HNG's expansion plan was inked by the company with the State at the Vibrant Gujarat Summit.

The project is scheduled for completion in 2013-2014. The capacity of this new production line will be 1,000 tonnes a day.

The existing line produces 600 tonnes a day. Mr Mukul Somany, Vice-Chairman and Managing Director, HNG said, “The glass sector is buoyant with downstream growth in demand from the realty, automotive and packaging sectors. This investment will be a significant one and will help boost the company's developmental plans in the float glass segment.”

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on January 14, 2011
null
This article is closed for comments.
Please Email the Editor