Gulf Glass Manufacturing Co. closed unchanged at 450.0 fils on 3 May 2009. The price is at a premium of 10.9% to the one-month volume weighted average price (VWP) of 405.90 fils. This was a relative p…
Gulf Glass Manufacturing Co. closed unchanged at 450.0 fils on 3 May 2009. The price is at a premium of 10.9% to the one-month volume weighted average price (VWP) of 405.90 fils. This was a relative price change of -0.7% compared with the Market Price index, which rose 49.7 points (or 0.7%). Gulf Glass Manufacturing is a Kuwait-based company engaged in the manufacture, import, export and distribution of glass bottles and other household glassware. The plant, located in Mina Abdulla Industrial Area, has two melting furnaces and five production lines with annual production capacity of 114,000 metric tons of clear (flint), green and amber coloured glass containers, including soft drink nonreturnable and returnable bottles, food and brewery, pharmaceutical jars, and other consumer products.