AGC to Restructure Chlor-Alkali Business, Converts Hokkaido Soda into a Subsidiary

Date: 7 March 2012

Source: http://www.japancorp.net

Date: 7 March 2012

Tokyo, Mar 2, 2012 (JCN) - Asahi Glass Co. Ltd (AGC) has converted Hokkaido Soda Co. Ltd into a subsidiary with an investment stake of 51 percent, in line with its efforts toward reorganizing its domestic Chlor-Alkali business following the signing of a basic agreement with other stakeholders to withdraw its capital investment from Kashima Chlorine & Alkali Co.

Ltd.

The AGC Group will run the domestic Chlor-Alkali business with the existing Chiba Plant and Kashima Plant operating in an integrated manner with Hokkaido Soda.

Read more: www.japancorp.net/press-release/24952/agc-to-restructure-chlor-alkali-business,-converts-hokkaido-soda-into-a-subsidiary

600450

http://www.japancorp.net

2012-03-07T12:00:00

AGC to Restructure Chlor-Alkali Business, Converts Hokkaido Soda into a Subsidiary glassonweb.com

See more news about:

AGC

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

Dr Terutaka Maehara (centre) of AGC with Glass Futures' Dave Fordham, Rob Ireson, Steve Cook and Aston Fuller.

Global flat glass giant AGC Inc. joins Glass Futures

The AGC Group have taken another significant step toward sustainable glass production by becoming members of Glass Futures.

FINEO by AGC is the world's first and only vacuum insulating glass with CE marking

FINEO by AGC is now the first and only European manufacturer to live up to its pioneering role and obtained the world's first voluntary CE marking for its vacuum insulating glass.

AGC: New laminating line starts up at Osterweddingen plant

Following a multi-month production ramp-up phase, the line was officially inaugurated on 26 April in the presence of local authorities, customers and AGC representatives.