Brazilian flat glass manufacturer Vivix is to build a BRZ1.3 billion ($248.1 million) production factory.
As mentioned on the Abravidrio site, the site in Goiana, Brazil, will be constructed next to its current glass manufacturing facility and be fully operational in the second half of 2025 and have a capacity of 1000t/day.
This will make it the largest in operation in Brazil.
The plant, the company’s second, will increase the organisation’s total capacity to 1900t/day and become the second largest float manufacturer in the domestic market.
The plant will use the ‘mine to line’ method, the same as the current factory: the raw materials will come from its own mines – Vivix's raw material processing plant in the municipality of Pedras de Fogo, in Paraíba.
Around 4,000 jobs are estimated to be created during the works. Together, the two plants are expected to generate around 600 direct jobs and 2,400 indirect jobs.
Henrique Lisboa, Vivix President, said: “We believe in a prosperous future and that the flat glass market will be expanding in the coming years.
“In fact, this year 2022 is being less heated than we all expected, but we need to focus on the medium and long term, aiming to balance supply and demand.
“The investment in the new plant was projected for 18 years and we believe that by the end of 2025 a new furnace will be needed in our country.
“We understand that there will always be ups and downs in the segment, but we are ready to face these movements, providing the necessary support for the production chain.”