Borosil

Borosil Glass Works Ltd. (BGWL) (BSE: 502219^[1]) is a glassware company based in Gujarat, India. The company is one of the largest glassware producing companies in India with a significant presence in USA, Netherlands and in India.

History

Borosil is the market leader for laboratory glassware^[2] and microwavable kitchenware in India. It was established in 1962 in collaboration with Corning Glass Works USA.^[3] In 1988, Corning divested its share holding to the current Indian promoters.

Indian glass industry

The net worth of the Indian glass industry is around $2.7 billion. Growth in use of glass is expected in the construction (9%), automotive (19%), consumer goods (10-12%) and pharmaceuticals (12-15%) sectors in next few years. The Indian container glass industry currently estimated to be worth US$1 billion and this sector is expanding with a growth rate of approximately 12%. Borosil is the market leader for laboratory glassware and microwavable kitchenware in India.

Products

The company's products include laboratory glassware, instruments, disposable plastics, liquid handling systems and explosion-proof lighting glassware for the education sector and for industries including microbiology, biotechnology,^[4] photoprinting, process systems and lighting.

Green initiatives

Use of rainwater harvesting since 2003.
48% of all the firm's electricity consumption comes from wind energy.
Guesthouses and colonies are supplied by water heated using the company’s Borosolar water heating systems.
Other energy efficient measures include advanced waste heat recovery systems and solar lighting.
A large 9-hole par-36 golf course maintained using the water from rainwater harvesting.
Meets Indian and stringent EU pollution norms.

References

↑ BSE India
↑ "The Global Laboratory Plasticware and Glassware Market to Grow at A CAGR of 5.17 Percent over the Period 2012-2016." Biotech Week. NewsRX. 2013. Retrieved August 27, 2015 from HighBeam Research: http://www.highbeam.com/doc/1G1-319888975.html
↑ Lee-Wright, Peter (2013). Child Slaves. Routledge. ISBN 9781134067855.
↑ Saksena, Amita (2006). Text Book of Biochemistry. Discovery Publishing House. p. 94. ISBN 9788183561198.

External links

This article is issued from Wikipedia - version of the Saturday, January 23, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.