Asahi Glass Breaks Ground in Gumi Plant

Date: 29 June 2006
Source: Emsnow.com

Date: 29 June 2006

Asahi PD Glass Korea Co. Ltd. held a groundbreaking ceremony in the fourth complex, Gumi, Korea, on June 27, attended by some 200 people including Takashi Wada, president at the company, Kim Yong-Dae, North Kyungsang province governor, heads of related organizations, and employees.

Asahi PD Glass Korea was established through a signed memorandum of understanding (MOU) between Lee Eui-Geun, the Gumi City major, and Asahi Glass in Tokyo, Japan, on May 25.

The new company plans to $100 million in an area of 18,000 pyung (about m2) to build a plant dedicated to producing glass substrate raw materials for use in TV plasma display panels (PDPs), with the aim of completing the construction by July next year. With this investment, Asahi Glass will retain an overall production system in the local market.

Read the entire news on the source link below.
600450 Asahi Glass Breaks Ground in Gumi Plant glassonweb.com

See more news about:

Others also read

MORE...

Lincoln Glass Celebrates 50th Year
Owners of Lincoln Glass in Newport, Dan and Elayne Mason, celebrated their 50th anniversary in the business this year. Dan's parents, John and Grace Mason, established Lincoln Glass in 1956 and oversaw day-to-day operations for 20 years.
Potters Industries Inc. Announces Price Increase For Metal Finishing and Impact Glass Bead Products
Potters Industries Inc., an affiliate of PQ Corporation, announced today that, effective February 15, 2007, the price on all Metal Finishing Glass Bead and Ground Glass product shipments will increase up to 3 cents a pound.
Retail Architects Say Better-Looking Stores Mean Profits
Edward A. Shriver Jr., a Pittsburgh architect who works in retail store design, encourages architects and retail owners alike to "think outside the box," light years away from the designs that have dominated American retail architecture in recent decades.
Optical-Glass Firm Buys Camera Maker Pentax
Hoya Corp., Japan's largest optical glass maker, agreed to buy camera maker Pentax Corp. for 90.6 billion yen ($765 million) to add endoscopes and surgical scissors.
Mysterious Egyptian Glass Formed by Meteorite Strike, Study Says
Strange specimens of natural glass found in the Egyptian desert are products of a meteorite slamming into Earth between 100,000 and 200,000 years ago, scientists have concluded.
Business Of Glass Manufacturer Gecsat Down 16%
ZF.com reported that Tarnaveni (Romania)-based Gecsat, estimates an approximately 6.4 million-euro turnover for this year, a 16% drop against last year, when the company posted a 7.6 million-euro turnover.

Add new comment