AGC Glass Europe proposes reduction in production capacity

Officials from AGC Glass Europe announced a proposal to shut down two of its oldest glass furnaces in Europe—one of four furnaces at its Moustier plant in Belgium, and the furnace at its Solerno plant in Italy, according to a Feb. 15 company release. Officials say a sharp fall in demand and the large overcapacity in the European glass industry prompted the proposed reduction in production capacity.

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