Sustainable Glassmaking Investment in UK

Published on:
by KnowESG
KnowESG_Greengate site
Image of the Greengate site

NSG Group is excited to announce its decision to invest in the update of a glass furnace to include two production lines for rolled glass and float glass simultaneously.

As part of this investment, the current rolled glass production line in the UK will be relocated to a float furnace in the same town.

Pilkington United Kingdom Limited, a part of NSG Group, will be making a significant multi-million-pound investment in its Merseyside facilities, supported by a government-backed project aimed at reducing carbon emissions by 15,000 tonnes per year while also securing the future of rolled glass manufacturing in the UK.

As part of the project, Pilkington UK will be moving its manufacturing operations from Watson Street to its Greengate site in the town. This move will involve a major investment in upgrading the Greengate glass furnace, which is responsible for melting the raw materials into glass during the manufacturing process.

The upgraded Greengate furnace will be able to continue producing flat glass while accommodating the additional output from the relocated Watson Street rolled glass manufacturing line. The decision to initiate this project was driven by the fact that the furnace at Watson Street, which has been in operation since 1826, has reached the end of its lifespan.

All jobs from Watson Street will be relocated to Greengate as part of this project, which aims to produce all glass from the upgraded furnace, resulting in carbon emission savings equivalent to taking 8,800 cars off the road annually.

The project is scheduled to begin in August 2023, with the production line expected to be operational by August 2024. Watson Street will remain open until then, with no anticipated impact on the availability of glass during the upgrade process.

This project will also receive a grant of £3.7 million from the government's Industrial Energy Transformation Fund (IEFT), which supports industrial energy efficiency and decarbonisation projects in the UK, further enhancing its benefits.

To view and compare company ESG Ratings and Sustainability Reports across sectors, follow our Company ESG Profiles page.

For more sustainable finance news

Source: NSG Group

Share:
esg
esg
esg
esg

Sustainable Finance Headlines

COIMA Tackles Real Estate Emissions with €500m Fund

COIMA Tackles Real Estate Emissions with €500m Fund

FAB Leads the Way in Net-Zero Transition

FAB Leads the Way in Net-Zero Transition

Ericsson Goes Green with Debut Bond

Financing Blue Economy Growth in Emerging Markets

Chalhoub Group's ESG Journey Empowered by Mashreq

AIB Steps Up Climate Action with €30 Billion Fund

CBB Unveils New ESG Reporting Framework

Mashreq and Galadari Brothers Partner on Green Loan

West Northants Council: Millions Invested in Business

Sustainable Ventures fuels UK expansion with 3M