AGC Glass Europe CZ EN FR NL RU Search About us Our values innovation News Press room Image bank AGC TV Press contacts News alert Expo Milano AGC Glass Building Products Network Careers Suppliers Home > News > Press room > Archives Follow us Share < Back 01/08/2016 Corporate press release AGC Automotive Europe agrees to work with Induver to start manufacturing automotive glass in Morocco AGC Automotive Europe reached an agreement in principle with the Moroccan glass manufacturer Induver Holding on the establishment of a joint venture for the production of automotive glass for the European and North African markets. For the AGC Group this means a first activity on the African market. At the same time, AGC is acquiring a stake in Induver, which specializes in both automotive glass for the replacement market and commercial vehicles, as well as architectural glass. The latter business still needs approval from the local authorities. Plant for all automotive glazing The new joint venture will produce toughened glass for rear and side windows and laminated glass for windshields, with an annual delivery capacity of around 1,100,000 vehicle glazings. The plant is being built in the province of Kenitra on the north coast of Morocco and is expected to start production in 2019. Around 600 qualified workers will be employed there. Answer to the growing automotive market The new plant is the ideal location to meet the demand for automotive glass in Southern Europe and Africa. Morocco has the highest growth rates in North Africa, which reflects its position as a production location for European automobiles, which it has developed in recent years. "Various western car manufacturers have already started or announced activities in Morocco. This investment goes hand in hand with our strategic will to support our customers in their expansion activities and to meet the demand for products and services with high added value“, Explains Jean-Marc Meunier, General Manager of AGC Automotive Europe. In addition, southern Europe is expected to further stimulate demand in the European automotive market. Production already exceeds the mark of 20 million vehicles per year, with an expected growth increase of around 2 percent annually. The AGC Group is already working to expand its automotive glass business by positioning it as a growth business. With its expansion into the African market, the group would like to further increase its corporate value. Induver Founded in 1947 and based in Casablanca, the family company Induver is the market leader in Morocco in the field of glass processing. In addition, Induver specializes in the production of automotive glazing for after-sales, panes for secondary markets (tractor and wheel loader cabins, vehicles that do not require a license) and window products for the architecture industry. More information at: www.induver.net AGC Automotive Europe AGC Automotive Europe, based in Louvain-la-Neuve (Belgium), is part of AGC Glass Europe, the European branch of the AGC Group. The AGC Group with its parent company Asahi Glas Co., Ltd. in Tokyo is the world's leading supplier of flat, automotive and display glass, chemicals and other high-tech materials and components. AGC Automotive Europe specializes in the production of windows (OEM and replacement) for vehicle manufacturers. In addition, it supplies ready-to-install systems, functional systems with high added value (antennas, sensors, heating elements) and glazing with reinforced properties (improved heat, noise and visual comfort). For more information, visit : www.agc-automotive.com (automotive glass ) orwww.agc-glass.eu (Unternehmensseite). Diese Pressemitteilung ist auf Englisch, Französisch, Niederländisch, Deutsch, Ungarisch, Tschechisch, Russisch, Italienisch und Spanisch auf www.agc-glass.eu verfügbar. Weitere Informationen: AGC Automotive Europe Vincent Méan Special Project Manager Mobil: +32 478 20 75 24 vincent.mean@eu.agc.com Induver Hakim Abdelmoumen General Manager Mobil: + 212 661 21 45 50 hakim.abdelmoumen@induvermaroc.ma Sitemap / Shortcut Home About us > Profile > Management > Company film “Glass Unlimited” Our Values Innovation Products Network News > Press room > News alert > Webcasts > Image bank AGC Glass Europe Careers > video : 2 minutes People & Glass > Search & Apply online AGC Glass sites & social media www.yourglass.com > brands & products > façade & architecture > interior & design www.agc-automotive.com > products > automotive replacement glass www.agc-solar.com/ > solar products > solar technologies www.agc.com > about the AGC company Social media > Linked In > Facebook > Twitter > YouTube > Flickr Copyright 2012 AGC Glass Europe | Legal notice | Use of cookies | Contact us