Latvia plant to make coated greenhouse glazing

The Latvian representation of US group NCH (New Century Holding) together with its Dutch partners is launching a EUR 20 million project to build a glass coating plant for greenhouse glazing in Riga, r…

The Latvian representation of US group NCH (New Century Holding) together with its Dutch partners is launching a EUR 20 million project to build a glass coating plant for greenhouse glazing in Riga, reported Latvia“s Dienas Bizness (DB) daily. If ordinary glass is used in greenhouses, part of the sunlight is reflected and never reaches the plants. Calculations by the Dutch suggest that plants grown under glass would produce heavier crops if none of the sunlight were reflected. The new factory will coat imported glass to make it anti-reflective, said NCH representative Andris Kupcis. According to the DB report, the glass coating equipment required will cost EUR 16 million, and another EUR 2 million will be needed for additional equipment. The equipment will be bought from Latvia“s coating technology manufacturer Sidrabe. The newspaper says that the planned Groglass plant will be a joint venture developed with a Dutch company, with NCH being the key investor. The coated glass made at the Groglass plant will be marketed to the Dutch agricultural sector, which is the main reason for finding the Dutch investor. Completion of the new plant is planned for January 2007.