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.
Contents
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
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