GLASSICA TO INVEST ABOUT $ 12 MILLION IN THE PRODUCTION OF COLORED GLASS CONTAINERS IN AZERBAIJAN

CJSC "Glassica" received the status of a resident of the Sumgayit Chemical Industrial Park (SHPP), will establish production in the park of colored glass containers, "Interfax-Azerbaijan" was reported to LLC "SHPP", which is the operator of the park. 

“Glassica will build a modern plant for the production of colored glass containers on the territory of the industrial park. The production will be carried out according to the technology of the German company HORN Glass Industries AG. Investments in the project will exceed 20 million manats (over $ 11.8 million at the current rate). After commissioning, 70 permanent jobs will be opened at the plant, ”the park noted.

It is expected that the manufactured products will be supplied both to the domestic and foreign markets under the brand “Made in Azerbaijan”.

JSC "Glassica" became the 22nd resident of the SHPP.

The agricultural enterprise was created to create favorable conditions in Azerbaijan for the development of competitive industrial production based on innovative and high technologies, support for entrepreneurship in this area, ensure sustainable development of the non-oil sector and increase employment in the manufacturing sector.

On the territory of the industrial park, enterprises for the production of competitive products (works, services), refineries in the petrochemical and other priority industries are operating and are being created.

In general, residents of the park must invest $ 3.1 billion in projects.As of early April 2020, they actually invested $ 2.8 billion.

22.08.2020, Steklosouz

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.