Asahi Glass Co. Ltd. announced that the Company has decided to invest approximately JPY 16 billion to PT Asahimas Flat Glass Tbk and newly set up a float glass furnace in the country to replace a float furnace at the Jakarta Plant. The new furnace will be constructed adjacent to AMG's Cikampek Plant, an automotive glass fabrication plant in Cikampek area.

Mass production is scheduled to start in the third quarter of 2016. With a 40% increase in the production capacity, the new furnace will significantly enhance AMG's float glass production. The construction of a new furnace is intended to achieve a competitive production framework to meet the growing demand in the region.

Also, the enhanced production will help AMG to accommodate the latest changes in Jakarta city master plan, which will change the existing industrial area to become commercial use in the near future. In an effort to enhance its float glass production under such circumstances, AMG will terminate one of the existing float furnaces at the Jakarta Plant and newly build a furnace that can accommodate various products in the area adjacent to the Cikampek Plant.