Latest news with #CinerGlass
South Wales Argus
10-07-2025
- Business
- South Wales Argus
Ciner Glass shelves investment plan for Ebbw Vale plant
Ciner Glass has announced it will not move forward with its proposal for a glass bottling facility in Blaenau Gwent, following a review that found significant changes in UK market demand. The company remains in talks with the Welsh Government to purchase the site on the Rassau industrial estate and is exploring alternative investment options for the location. Didem Ciner, chair of the board at Ciner Glass, said: "We would like to place on record our sincere thanks to the UK and Welsh Governments, as well as members of Blaenau Gwent County Council, for the support and engagement shown throughout the development of this project. "We also extend our heartfelt gratitude to the people of Blaenau Gwent, who have warmly welcomed the Ciner family and company over the past three years. "We remain deeply appreciative of the community's support and committed to supporting local projects where possible." The company has already invested nearly £20 million in the project, including funding for social enterprise schemes, research and development with universities, and industry partnerships. A spokesman for Blaenau Gwent Council said: "We acknowledge today's announcement from Ciner Glass regarding changes to its investment plans in Blaenau Gwent, and confirmation that the company will not be proceeding with its original proposal for a glass bottling facility at Rassau Industrial Estate, Ebbw Vale. "We welcome the company's statement reinforcing its continued commitment to Blaenau Gwent and to long-term investment in Wales and the UK."
Wales Online
09-07-2025
- Business
- Wales Online
Turkish firm Ciner abandons plan for 600-job new glass bottling plant in Ebbw Vale
Turkish firm Ciner abandons plan for 600-job new glass bottling plant in Ebbw Vale Ciner said it would now explore other possible investment opportunities at the site Ciner Glass. Turkish industrial group Ciner has abandoned plans for a new glass bottling plant in Ebbw Vale that promised to created 600 new jobs. The family-owned group, which is one of the biggest firms in Turkey, said the business case for the £390m project, first announced back in 2020, was no longer viable following changes to demand in the UK marketplace. However, it confirmed it was in discussions with the Welsh Government over acquiring the site at the Rassau Industrial Estate. For our free daily briefing on the biggest issues facing the nation, sign up to the Wales Matters newsletter here Ciner said at this stage it couldn't reveal what potential alternative investment could be considered for the site. However, the wide-ranging group is particularly interested in solar panels, lithium batteries and other innovations within the renewables sector aligned to its glass and soda ash businesses. Ciner said it had not received any financial support from the Welsh Government or Blaenau Gwent Council to date. The former Caerphilly indoor market is being turned into a new apartment and office scheme READ MORE: Didem Ciner, chair of the board of Ciner Glass, said: "We would like to place on record our sincere thanks to the UK and Welsh governments, as well as members of Blaenau Gwent County Council, for the support and engagement shown throughout the development of this project. Article continues below 'We also extend our heartfelt gratitude to the people of Blaenau Gwent, who have warmly welcomed the Ciner family and company over the past three years. Their warmth and openness have left a lasting impression, and we remain deeply appreciative of the community's support and committed to supporting local projects where possible. 'We value the strong working relationships we have built and look forward to continuing these lines of engagement as we share new plans for our investment in Wales in due course." A spokesperson for Blaenau Gwent Council said: "We acknowledge today's announcement from Ciner Glass regarding changes to its investment plans in Blaenau Gwent, and confirmation that the company will not be proceeding with its original proposal for a glass bottling facility at Rassau Industrial Estate, Ebbw Vale. "We welcome the company's statement reinforcing its continued commitment to Blaenau Gwent and to long-term investment in Wales and the UK. 'The council remains committed to supporting economic growth, attracting investment, and creating opportunities for our residents and we look forward to continuing to work closely with Ciner and partners as they look to develop new plans for the site.' Ciner said it had invested close to £20m in the development of the project, through social enterprise initiatives. Article continues below It said the decision to abandon the bottling factory would not impact on the Ciner family's continued support for a range of community and sporting initiatives, locally and across Wales. These include Ebbw Vale Rugby Club, where it recently confirmed another year long sponsorship deal, and the Welsh Rugby Union's Fit, Fed, Fun campaign.
BBC News
09-07-2025
- Business
- BBC News
Change of plans for Ebbw Vale glass factory
A company which was set to open a glass factory in Ebbw Vale has changed its investment plans. Ciner Glass announced it would not proceed with its plans for a new glass bottling facility but was seeking alternative investment projects for the same site. The original plans for the factory, which is based on the Rassau Industrial Estate, was set to create 650 jobs. A spokesperson for the company said it remained fully committed to making long-term investments in the UK and south Wales. The decision not to proceed with the initial plans follows an extensive review of the commercial viability of its previous scheme, which has shown significant changes in UK market company said there would be no impact on the community and sporting initiatives it supports, including Ebbw Vale Rugby Club and the Welsh Rugby Union's Fit , Fed, Fun campaign.A spokesperson for Blaenau Gwent Council said it acknowledged the changes in plans. "The council remains committed to supporting economic growth, attracting investment, and creating opportunities for our residents, and we look forward to continuing to work closely with Ciner and partners as they look to develop new plans for the site."A spokesperson for the Welsh government said it was disappointed that the plans for a Ciner Glass plant would not be progressed. "The company has indicated global market forces mean the glass packaging facility is no longer viable, but the decision will nonetheless be felt by the local community," they said.
