Owens Corning to Divest its Fiberglass Reinforcements Plant in Capivari, Brazil

19 September 2010

Owens Corning has decided to divest its fiberglass reinforcements plant in Capivari, Brazil.

The Company has determined that divestiture of the Capivari facility at this time will facilitate long term planning given the uncertainty of the resolution of the Company's ongoing negotiations with the Brazilian competition authority regarding the Capivari site.

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