Saint-Gobain looks to value-added glasses to stay afloat
Saint-Gobain Glass India, the largest float glass producer in the country, is making strategic shift to value-added performance glasses as the demand for glass is falling. B Santhanam, president, flat glass, South Asia, and managing director of Saint-Gobain Glass India Ltd., said the demand for glass has fallen 2 percent to 3 percent from over a million ton in 2008. The slowdown in the construction and automotive sectors are expected to pull down the demand further. However, the silver lining amid this gloom has been the jump in value terms, according to a Nov. 24 Financial Express report.