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

See more news about:

AGC

Others also read

MORE...

AGC: New laminating line starts up at Osterweddingen plant
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.
From the left, Daniel Bruckelt, Production Manager Insulating Glass and Margit Seidl, Deputy Production Manager Insulating Glass of AGC Interpane in Plattling | Photo: Glaston
Glaston JUMBO XXL allows AGC Interpane to maintain its leading-edge
Tailoring a unique spacer application approach for world-class insulating glass
AGC Barevka plant in the Czech Republic
AGC and Saint-Gobain Partner for the Decarbonization of Flat Glass Manufacturing
AGC and Saint-Gobain partner to create a revolutionary pilot flat glass line with drastic CO2 emissions reduction.
AGC Has Started Considering Transfer of its Business in Russia
AGC Has Started Considering Transfer of its Business in Russia
AGC Inc. has begun to consider the transfer of AGC Group's business in Russia.
Digital Twin Technology by AGC Revolutionizes Glass Melting Process
Digital Twin Technology by AGC Revolutionizes Glass Melting Process
AGC has created a digital twin technology for glass melting processes, and has commenced operational verification in float furnaces.
How to gain added value from faulty and ‘end-of-life’ insulated glass | Hegla
How to gain added value from faulty and ‘end-of-life’ insulated glass | Hegla
HEGLA and AGC have joined forces in a development partnership, which will see AGC focus on the supply chain while HEGLA will be responsible for the development of machine technology.

Add new comment