Vitro Will Supply Glass to the The Most Important Events Forum in Latin America

Date: 10 June 2003

Vitro, S.A. de C.V. announced that it was selected to provide close to 8,000 square meters of its extra-clear tempered glass and mirrors to build the façade of the Monterrey Arena, the most important events forum in Latin America which will cost US$55 million.

MAX, Constructora de Arenas y Parques, S.A. de C.V., promoted the construction of this Mexican icon building, with capacity for up to 17,500 seats, 142 luxury suites, two restaurants with capacity for up to 155 people, several bars with close circuit TV, large parking lots and direct access entrances, as well as an innovative system of temporary seats to host an additional 3,500 people.

The Monterrey Arena, which is located in the Fundidora Park, the host of the Monterrey Grand Prix race track, will have an area of 45,000 square meters and will be completed this winter. It will be unique from other Latin American arenas because it will be totally closed - with a controlled environment and lighting system - and capable of hosting different types of events, such as bull fights, motocross races, boxing, basketball games, tennis matches, hockey, music concerts and theater, among others.

Another feature that will make it special is the Arena's central electronic candle with giant, high-definition TV screens and a sound system comparable to those in the best U.S. arenas.

Jaime Visconti, President of Soluciones Integrales en Cristal S.A de C.V. (SICSA), the company in charge of the Arena's glazing, said, "the façade's mirrored glass will provide the distinctive, innovative and modern touch the building needed from the very beginning - in line with the services and inside facilities. When we consider the glass' thermal and acoustic properties, I would say the Monterrey Arena is incomparable with other forums."

SICSA has been dedicated for 25 years to serve residential and commercial glazing markets for the northern states of Chihuahua, Nuevo Leon, and Tamaulipas in Mexico.

"Vitro will always play a part in these icon buildings, in Mexico and the countries in which we operate, because of our continued focus on customer needs," said Fernando Flores, President of Flat Glass.

"Vitro's participation in the construction of icon buildings such as the Monterrey Arena reinforces our decision to launch a new line of double glazing products by month’s end," added Adrian Sada Cueva, responsible for Flat Glass' Value-Added Products area.

On April 30th, the Value-Added Products area (VAP) had processed close to 400,000 square meters of glass to meet growing market demand.

VAP is part of Vitro's Flat Glass business unit, which is dedicated to the manufacture, fabrication and sale of glass for the construction and automotive markets. With annual sales of US$1.1 billion in 2002, Flat Glass accounted for 47 percent of Vitro's consolidated annual sale.

600450 Vitro Will Supply Glass to the The Most Important Events Forum in Latin America glassonweb.com

See more news about:

Others also read

Local quality glass producer Emirates Glass Limited has won contracts to supply 68,000 square metres of its high quality EmiCool glass to five major projects in Dubai.
Southwall Technologies Inc. (Nasdaq:SWTX), a global developer, manufacturer and marketer of thin-film coatings for the electronic display, automotive glass and architectural markets, today announced that on Dec. 18, 2003, it secured an agreement for a new bank loan guarantee and equity financing package of up to $7.5 million from Needham & Company, Inc., its affiliates and Dolphin Asset Management.
KUB Malaysia Bhd has accepted an offer from Nippon Sheet Glass Co Ltd (NSG) to acquire its 15% stake in Malaysian Sheet Glass Bhd (MSG) for RM32.6 million in cash, or RM2.68 per share.
Co-Ventures in Glass Containers (CVIGC, Ltd.) of Tampa, Florida, USA and Micro-Tek Canada, Inc. Of Toronto, Canada are excited to announce the beginning of a long term joint venture to combine their extensive experiences and resources to offer the Glass Container Industry globally a best value alternative for all their outsourcing needs in manufacturing, operations and technical assistance agreements, specifically targeted to the smaller manufacturers who have found the larger service companies to be cost and profit prohibitive.The principals of the two companies have found a global need for smaller glass companies who require excellent technical resources to properly compete within the industry without the high costs of employing their own staffs or outsourcing their requirements to the larger service companies whose own operating costs and overhead are substantial.
China's largest automobile glass maker Fuyao Glass Industry Group Co, Ltd, won its case against the dumping ruling of the US Department of Commerce (DOC).
When did the wine industry start using glass bottles, and how did they settle on their current size of 750ml? For the answer to these questions, you have to go back in time - back thousands of years to when wine was first cultivated and enjoyed.

Add new comment