The Glass Industry is Working to Reduce Pollution and Improve Environmental

The glass industry is working to reduce pollution and

This preview shows page 5 - 7 out of 7 pages.

. The Glass Industry is Working to Reduce Pollution and Improve Environmental Performance Over the last decade the glass industry has made significant advances in protecting the environment as well as the health and safety of its workers. The industry participates in numerous voluntary pollution prevention efforts including the 33/50 program, Green Lights and Energy Star programs. EPA’s 33/50 program aims to reduce toxic chemical releases and transfers of 17 chemicals by 50% from 1995 levels. According to EPA, nearly a third of the companies in SIC code 32 (includes stone, clay and glass) participate in this program. Many specialty glass manufacturers participate in EPA’s Green Lights and Energy Star Programs as ‘Allies’ or providers of energy-efficient products.
Image of page 5
Energy saving opportunities in glass industry Melting process accounts for more than 60% of the total energy consumption in glass industry. How innovation in glass manufacturing is turning green even greener Innovation in glass packaging is saving both resources and carbon emissions but manufacturers and buyers can do more Recent innovations, such as high-tech cameras for detecting faults in products and virtual sampling facilities that allow the machines to check themselves for faults, have contributed to making the process as efficient as possible and minimising unnecessary rejections of finished products.
Image of page 6
The process of making glass bottles lighter – thus reducing the energy required to produce and transport them – has been a very important innovation in the recent years. Current glass packaging is around 50% lighter than it used to be. Opportunites Threats 1. Large untapped market offers a huge potential 2.Automobile & real estate sector growing very fast, would help Glass sector to grow 3. Tie-ups with international players would help reach out to a global audience 4. Asset Leverage 5. Bright future of innovation in R&D 6. Increased acceptance of Green Building concept using Glass 7. Increased adoption of Recycling Glass 1. Unfavorable govt policies for business growth in real estate 2. Competitors doing aggressive marketing, might impact AGC’s Market Share 3. Fluctuating dollar prices would affect the global business for the company 4. Demand Slowdown for related industry like Real Estate 5.Cheap imports from outside the country for industrial glass 6. Threat from substitute products like Cement
Image of page 7

You've reached the end of your free preview.

Want to read all 7 pages?

  • Winter '17
  • Jayaseelan
  • Glass, Glass Industry

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors