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This is to announce that the Company has officially adopted the Medium-Term Plan,from April 2007 through March 2011. 1.
The Wall Street Journal reported that Nippon Sheet Glass Co. said group net profit for its first half grew more than fivefold because of a strong contribution from its purchase of Pilkington PLC of the U.K. earlier this year.
Abu Dhabi-based Al Hamed Enterprises, a diversified business group, has entered into a $200 million (Dh734 million) joint venture with the UK's Pilkington Group to manufacture float glass, officials said.
Nippon Sheet Glass Co expects to post a nearly fourfold rise in net profit of 30 bln yen for the year to March 2007, benefiting from contributions from UK glass maker, Pilkington PLC.
In the Pall Mall boardroom of Pilkington, the glassmaker Nippon Sheet Glass has just bought for £2.2bn ($3.9bn), Yozo Izuhara, the man who drove the protracted deal to its conclusion, admits to a moment of indecision during the tense negotiations.
Pilkington and NSG issued a statement on 16 June confirming that the acquisition of Pilkington by NSG has been completed and that Pilkington is now a member of the NSG Group.
Nippon Sheet Glass Co said it has completed its acquisition of UK glass maker Pilkington PLC. A Nippon Sheet Glass statement says the acquisition means its group will have the largest share of the sheet glass market, with sales of about 760 bln yen…
The European Commission said Wednesday it has approved Nippon Sheet Glass Co.'s acquisition of British glass maker Pilkington PLC, concluding that the deal will "not significantly impede effective competition" in Europe.
Nippon Sheet Glass Co. is moving to global prominence on the strength of Japanese automakers, its biggest customer base. The world's sixth-largest maker of sheet glass is scheduled to complete the purchase of Britain's Pilkington Plc,…
Asahi Glass Fine Techno Taiwan (AFT), a 100% owned subsidiary of Japan-based Asahi Glass, on April 7 broke ground for its third glass substrate plant in Taiwan.
Pilkington shareholders will vote in April on a formal offer by Nippon Sheet Glass (NSG) for the remaining 80 per cent of the shares in Pilkington they do not currently own.
Nippon Sheet Glass Co. said the potential benefits of its planned 616 billion yen acquisition of Britain's Pilkington Plc far outweigh the risks.
Staff at Swansea's Pilkington Glass have been reassured that their jobs are not at risk. The UK glass king, based in St Helens, Lancashire, is the latest in a string of British companies to be sold to foreign investors.
Nippon Sheet Glass Co. announced Monday it agreed to acquire 80 percent of British glassmaker Pilkington plc in a strategy to expand its global production capacity.
Nippon Sheet Glass Co. said Monday that it will acquire the 80 percent stake it doesn't have of Britain's Pilkington PLC in a deal worth 358.5 billion yen (US$3 billion; euro2.6 billion).
Pilkington's chairman, Sir Nigel Rudd, stands to make £4.25m if, as expected, Japan's Nippon Sheet Glass returns with an agreed £2.2bn takeover offer this month.
Deutsche Bank hikes target price on Asahi Glass (5201.TO) to Y1,900 from Y1,470, affirms "buy" rating; analyst says downward revision to last FY group profit estimates due mainly to temporary factors; adds large profit growth expected this…
Nippon Sheet Glass Co. Ltd., creator of the Selfoc lens and a supplier of gradient index lenses, has partnered with Optical Zonu, a Van Nuys, Calif., manufacturer of fiber interface modules.
Japan's Nippon Sheet Glass is unlikely to agree to buy Pilkington Plc for several more weeks as it continues to plough through the glassmaker's books, sources familiar with the situation said.
Analyst Lalita Gupta of Morgan Stanley maintains her "overweight" rating on Nippon Electric Glass (ticker: 5214).
Japan-based Dai Nippon Printing will invest 30 billion yen for its eighth generation (8G) color filter (CF) production line at its fab in Kita Kyushu, southwestern Japan.
Japan's largest glass maker Asahi Glass said on Thursday its affiliate will spend nearly six billion rupees ($140 mn) to build a new plant in India as the growing economy there sees a boom in construction and cars.
Asahi Glass Co. Ltd is expanding its electronics and energy materials operations on a full-scale basis as part of the medium-term management plan "JIKKO-2007." As part of the initiative, Asahi Glass decided to enter into the business of…
Asahi Glass announced on June 15 that it has decided to enter into the business of manufacturing and selling glass substrates for hard disks.The company will use high-strain point glass that enables the processing of glass substrates at higher…
Plansww Holding AG (PLANSEE) and Mitsubishi Materials Corporation (MMC) have reached a basic agreement by signing a Letter of Intent to merge their relevant business activities in the field of powder metallurgical (PM) products under a new joint…