Glass Industry News

Indian investment to expand Rath´s services in Asia

, Rath AG

Refractories manufacturer Rath has acquired a 33% stake in Avanee Refsol India. 

Production is being set up in Visakhapatnam, which is in the Indian State of Andhra Pradesh, together with the partners of Avanee Refsol. 

Production is scheduled to start at the beginning of 2025. 

An annual capacity of 20,000 tons of refractory products is projected in a two-stage plan.

In addition to a capital investment, Rath will contribute its expertise in specialty products for refractory applications. 

Ingo Gruber, Chief Technical Officer of Rath AG, said: "Our specialists from the Rath Group will play a key role in selecting the machines and production processes. In addition, Rath will provide on-site training for employees."

Andreas Pfneiszl, Speaker of the Executive Board, explained the reasons behind Rath’s investment in India. 

He said: “Rath has defined three main goals in its Evolution 2030+ strategic growth plan: sales growth, increasing profitability and introducing new products and total solutions for our customers. 

“Our customers are no longer located solely in Europe and the USA – we are increasingly able to offer our solutions worldwide. This requires access to larger production capacities outside our current production sites. The investment in India will enable us to reach the Asian growth market better and faster."

Alexandra Rester, CFO of Rath, added: "With this investment in completely new machines and our proximity to the future markets, we can make a significant contribution to sustainability."

, © Rath AG

Notícias sobre o material do site é copyright e pertence à empresa ou ao seu fornecedor de terceiros notícia, e todos os direitos reservados. Qualquer usuário que acessa esse material poderá fazê-lo apenas para seu próprio uso pessoal, bem como a utilização desse material é de risco exclusivo do Utilizador. A redistribuição ou exploração comercial de material tal notícia é expressamente proibida. Se tal notícia material é fornecido por um terceiro, cada utilizador concorda em observar e estar vinculado aos termos específicos de utilização aplicáveis a material notícia. Nós não representamos nem endossamos a precisão ou confiabilidade de qualquer informação contida em qualquer notícia ou sites externos referidos na notícia.

Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.



Info Grid

Glass studies

Updated worldwide glass study 2024

plants.glassglobal.com

Updated hollow glass study 2024

Request more information

Updated float glass study 2024

Request more information

Further glass market studies

Request more information

Perfil da Empresa



Updated worldwide glass market study 2024 available now for flat, container glass and tableware

We have updated our international studies on flat glass, container glass and tableware for 2024.

This unique software provides a global overview about glass producers and technical details. Easy to use and clear tables summarize information and data about glass makers such as: Glass types: flat glass, container glass, tableware, production capacities in regions and countries, number of furnaces, furnace types, year of construction, glass types and sub-types, products, project information, special news and downloads.

Further databases supplying demoscopic data and import and export data complete the market survey. Based on these data, prepare individual country profiles with information about local production capacities, local market sizes and expected demand in the future.

Request your offer via plants.glassglobal.com.

Updated container glass study 2024

X

Updated float glass study 2024

X

Further glass studies and reports 2024

X