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Tata
International signs agreement with SYP, China for performance
glass
June 8, 2006
Tata
International (TIL) and Shanghai Yaohua Pinkington Glass,
(SYP) signed an agreement on June 5, 2006, for exclusive
marketing and distribution of SYP glass in India. Li
Liangzuo, director and general manager, SYP and Sudhir
Deoras, managing director, TIL, were the signatories
to the agreement.
Shanghai Yaohua Pinkington Glass,
(SYP) founded in 1983, is one of the leading manufacturers
in China for float glass, architectural glass and auto
glass. This company was formed as a JV with Pilkington,
UK. In 1993 the company went public and became the first
publicly listed glass manufacturer in China.
SYP has four float glass plants
operating in China with a combined turnover of US$ 230
million and a capacity of 650,000 tons per annum. The
company perseveres in its philosophy of "the pursuit
of continuous improvement" and adopts the strategy
of developing or introducing the most technologically
advanced products in the market. Guided by market demand
and continuous new product development, the technical
standard of SYPs products have always been ahead
of its rivals in China. The float glass, enameled glass,
double-glazing glass, laminated glass, coating glass
and mirror plates of SYP were appraised to be Shanghai
Renowned Products in 1999. The Low-E Coating Glass was
awarded the third prize of the Shanghai Science &
Technology Development in 2000. Many prestigious buildings
in China and around the world (US, Middle East, Asia)
have been constructed using SYP glass.
In July 2000, SYP received the
ISO14001 certification from SGS and became the first
glass manufacturer in China to obtain this internationally
acknowledged green pass.
The market for float glass in
India is growing very fast with most of the commercial
buildings and shopping malls using float glass. Only
five float glass manufacturers operate in India compared
to over 150 in China.
SYP and Tata International
will jointly focus on the large commercial / office
building projects which use performance glass such as
reflective, low-emissivity, tempered, double glazing,
etc.
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