Saint-Gobain holds back investment plan

Date: 7 October 2015

French multinational Saint-Gobain Group has delayed its plan to build an automotive glass production facility in the country this year as national car sales are forecast to hit a three-year low amid an economic slowdown.

Saint-Gobain CEO Pierre-André de Chalendar said in a recent limited press briefing that his company had decided to hold back its investment in an auto glass plant until the four-wheeler car and truck market started to recover.Read more at: www.thejakartapost.com/news/2015/10/05/saint-gobain-holds-back-investment-plan.htmlFrench multinational Saint-Gobain Group has delayed its plan to build an automotive glass production facility in the country this year as national car sales are forecast to hit a three-year low amid an economic slowdown.

Saint-Gobain CEO Pierre-André de Chalendar said in a recent limited press briefing that his company had decided to hold back its investment in an auto glass plant until the four-wheeler car and truck market started to recover.

Read more at: www.thejakartapost.com/news/2015/10/05/saint-gobain-holds-back-investment-plan.html

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2015-10-07T13:00:00

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