Saint-Gobain Reinforces Its Performance Plastics Business in Brazil

04 Jan, 2016, 12:36 ET from Saint-Gobain

PARIS, January 4, 2016 /PRNewswire/ --

Saint-Gobain has acquired Brazilian company SG Plasticos, a leading player in specialty extruded tubing in Brazil, based in the state of São Paulo. The company provides differentiated and customized solutions related to fluid transfers on demanding applications to a wide variety of markets, including industrial, life sciences and automotive.

This acquisition is in line with the Group's strategy to increase its share of industrial assets in High-Performance Materials and in the US or in emerging countries. It will give Saint-Gobain Performance Plastics a leading position in the Brazil's high value-added tubing market, adding local manufacturing capabilities to strengthen its presence in the region with a broader portfolio of applications.

ABOUT SAINT-GOBAIN  

Backed by its experience and its capacity to continuously innovate, Saint-Gobain, the world leader in the habitat and construction market, designs, manufactures and distributes high-performance and building materials providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2014 sales of €38.3 billion*, Saint-Gobain operates in 66 countries and has more than 170,000 employees. For more information about Saint-Gobain, visit http://www.saint-gobain.com and the twitter account @saintgobain, or download the "Saint-Gobain Shareholder" application for tablet and smartphone.

* restated excluding Verallia 

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SOURCE Saint-Gobain