Glass Industry News

SCHOTT eyes U.S. growth strategy as sales and earnings increase in 2020


Results: Despite economic headwinds caused by COVID-19, SCHOTT's U.S. businesses grew in 2020, driven by strong performance in its pharma and home appliances segments

Climate protection: 100% of energy needs now covered by green electricity at U.S. facilities 

Outlook: SCHOTT will continue to focus on the U.S. as a strategic growth priority

The international specialty glass group SCHOTT increased its global sales by 2.2% in 2020 to reach $2.5 billion, and the company delivered positive performance for other key financial benchmarks despite the COVID-19 pandemic. The company also improved operating profit (EBIT), recording $320 million. The number of employees rose to around 16,500, of which about 1,200 are in the United States.

About 20% of global sales were attributable to the U.S. region, making the U.S. the top selling country for SCHOTT.

Pharma & Home Appliance Lead U.S. Growth

U.S. sales increased despite the challenges of 2020, led by the company’s pharmaceutical packaging unit and its home appliance unit. The home appliance market dipped at the beginning of the pandemic, but rebounded as Americans spending more time at home invested in their living environments. 

SCHOTT’s Lebanon, Pennsylvania facility produced record-breaking numbers of pharmaceutical containers, operating 24 hours per day, seven days a week, in response to heightened demand from the global coronavirus pandemic. Globally, three out of four COVID-19 vaccine manufacturers rely on vials from SCHOTT’s Pharma business line.

“The COVID-19 pandemic brought into focus the essential role SCHOTT plays in the world. Our products and technologies are vital for the supply chains for pharmaceuticals, MedTech, and other critical industries,” said Jim Gareau, President of SCHOTT North America. “As the seriousness of COVID-19 became apparent in early 2020, all of SCHOTT’s U.S. facilities quickly instituted safety and hygiene plans to keep production running. I want to thank each and every SCHOTT employee for their hard work in the face of an unquestionably difficult environment.”

100% green electricity through Energy Attribute Certificates at U.S. facilities 

SCHOTT also intensified its efforts in the area of climate protection. All U.S. locations’ electricity needs are now covered by 100% renewable energies via high-quality certificates of origin. In its new Group strategy, the company has set itself the ambitious goal of becoming climate neutral by 2030.  The U.S. locations were one of the first countries to achieve this goal.

Outlook: Strong results form basis for organic growth.

Gareau noted that SCHOTT’s equity ratio remains strong at 32%, a solid result in challenging economic times. “Our financial strength positions us well for organic growth,” Gareau said. “Further, the success of several recent additions to our product portfolio, including major expansions of our materials and digitization expertise, has created additional interest for new acquisitions.” 

“The U.S. remains the global powerhouse of innovation,” said Dr. Heinz Kaiser, the member of the SCHOTT board of management responsible for the U.S. “We expect this dynamic economy to continue to create demand for new products and new applications that rely on glass and glass ceramics. Due to its versatility, specialty glass is the perfect material to push ground-breaking technologies in fields such as pharmaceutical packaging, diagnostics, household appliances, and consumer electronics.”


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 2023

Updated hollow glass study 2023

Request more information

Updated float glass study 2023

Request more information

Further glass market studies

Request more information

Perfil da Empresa

Updated worldwide glass market study 2023 available now for flat, container glass and tableware

We have updated our international studies on flat glass, container glass and tableware for 2023.

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

Updated container glass study 2023


Updated float glass study 2023


Further glass studies and reports 2023