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SALES: up 6.0% to €21,779 million up 6.9% like-for-like*OPERATING INCOME: up 15.3% to €2,093 million up 16.6% like-for-like*RECURRING NET INCOME**: up 31.2% to €1,067 millionNet income amounts to €465 million, taking into account the €650 million…
Saint-Gobain has announced the acquisition of the Norandex group in the United States from Owens Corning. Norandex has 2,200 employees and delivered sales of $866 million in 2006 split into two activities: building materials distribution and vinyl…
Saint-Gobain announces that definitive agreements to sell its Reinforcements and Composites activities to Owens Corning were signed on the 27th of July, 2007.
SALES: up 6.0% to EUR21,779 million up 6.9% like-for-like(*) - OPERATING INCOME: up 15.3% to EUR2,093 million up 16.6% like-for-like(*) - RECURRING NET INCOME(**): up 31.2% to EUR1,067 million Net income amounts to EUR465 million, taking into…
Davis Polk & Wardwell is advising Compagnie de Saint-Gobain on its acquisition of Owens Corning’s Siding Solutions business.
Saint-Gobain announces that discussions regarding the plan to merge its Reinforcements and Composites activities (part of the entity Vetrotex) with the Reinforcements business of Owens Corning, are now focusing on a sale project of Saint- Gobain’s…
CNN reported that Sales Intended to Address Regulatory Concerns Associated with the Previously Announced Joint Venture with Saint-Gobain's Reinforcement and Composites BusinessOwens Corning also in Discussions with Saint-Gobain to Convert the…
MyIris.com reported that a meeting of the board of directors of Gujarat Borosil will be held on Jun. 27, 2007 to recommend dividend and to consider and approve the annual accounts and audited financial results for the year ended Mar. 31, 2007.
Britain is now home to two of the world’s most advanced plaster and plasterboard manufacturing plants following a £120-million investment in production capacity by British Gypsum.
As the country faces acute power shortage and global warming debate hots up, energy conservationists caution against growing number of buildings with glass facades dotting the landscapes of cities as being responsible for energy consumption much in…
Saint-Gobain Isover is launching an unrivalled programme of insulation training for merchants and distributors that kicks off in the classroom.
After months of planning, work is ready to begin next week on the installation of the new curtain wall at Indiana Square.
The Combined Ordinary and Extraordinary Shareholders’ Meeting of Compagnie de Saint- Gobain was held in Paris on Thursday, June 7, 2007.
Asahi India Glass on Monday posted 86.64 per cent decline in profit after tax at Rs 8.94 crore for the fourth quarter ended March 31, as compared to Rs 66.95 crore for the same quarter previous year.
With prices of steel and cement on an upswing, glass is the only building material industry that has registered a drop of 25% in prices in the face of inflation.
The Saint-Gobain Reinforcement & Composites Activity has increased its European production capacity for TWINTEX ® by 25% in its Chambéry plant (FR) as of April 2007.
This is a revelation of sorts for Mumbaiites who are standing on the threshold of a power crisis. Buildings with glass facades—like the many malls and corporate structures mushrooming around the cities—are guzzling unimaginable amounts of…
Saint-Gobain Sekurit India’s plants at Bhosari and Chakan have obtained, on January 17th 2006, the OHSAS 18001: 1999 certification to reward their management of healthy/safety risks and the ISO 14001:2004 certification for their environmental…
Saint Gobain a state-of-the-art glass manufacturing company in the country, has brought all its solar control products under a single umbrella brand – Sun Ban Reflective Glass.
Consolidated first-quarter sales for the Saint-Gobain Group came in at EUR10,447 million, compared with EUR9,745 million in the same year-ago period, representing a rise of 7.2% on an actual structure basis and 9.0% at constant exchange rates.
Owens Corning and Saint-Gobain today announced the voluntary withdrawal of the merger filing to the European Commission in connection with the creation of a joint venture merging Owens Corning's Reinforcements Business and Saint-Gobain's…
Compagnie de Saint-Gobain confirms that it has received a “Statement of objections” from the European Commission’s Directorate General for Competition.
A small change in construction methods using a Robust Detail-approved insulation system from Saint-Gobain Isover is enabling regional housebuilder Macbryde Homes to finish developments days ahead of schedule.
Saint-Gobain’s Building Distribution Sector has just announced the acquisition of Vemac (Italy), Discesur (Spain) and Schäfer (Germany). - On a highly fragmented Italian market, Vemac is one of the country’s largest builders’ merchants and a…
Strong growth in estimated results for 2006, outperforming targets Sales: UP 18.5% to €41,596 million UP 18.2% at constant exchange rates* UP 6.7% like-for-like Operating income: UP 29.9% to €3,714 million UP 29.8% at constant exchange rates* Net…