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A spate of layoffs hit France this week, with U.S. computer-maker Hewlett-Packard detailing 1,400 cuts and transfers, and glass and construction group Saint-Gobain announcing it will move positions to the Czech Republic.
French glass and construction materials firm Saint-Gobain foresees no sign of any vigorous economic rebound before the end of 2002 and confirmed its outlook for earnings growth of up to 4 percent.
Central Glass Co. of Japan is tying up with Compagnie de Saint-Gobain of France to strengthen its global business of making glass for Japanese automakers.
Rohm and Haas Company is investing approximately US $20 million to build a facility in Mumbai, India.
Solutia Inc. announced that Monika Riese-Martin will join the company on Feb. 11, 2002, as vice president and general manager of the Resins & Additives and Industrial Products business platforms.
Saint-Gobain, the French materials and packaging group has finally begun to reap the rewards of its cost-cutting and refocusing strategy.
Consolidated sales rose by 12.1% to EUR 1,458 million in 2001. The increase was 14.6% at constant exchange rates and 6% at comparable scope of consolidation, excluding Telhanorte, Menuiseries Franaises and Lapeyre Polska, as well as Lapeyre…
Merrill Lynch upgraded its recommendation for shares in French glass and packaging group St Gobain SA yesterday from "buy" to "strong buy", setting a new share price target of 215 euros.
Entegris, Inc., the materials integrity management company, today announced that it has received an order to sheetline five 5,500-gallon tank trailers for a major U.S. chemical manufacturer.
Urecoats Industries Inc., a developer and marketer of sealants and coating products for the construction and building products industries, announced the opening of a second major distribution center for its Urecoats and Infiniti products in Orlando…
Sika Industry's Marion, Ohio plant has obtained QS-9000 certification, a requirement of parts suppliers to the U.S. auto and truck manufacturers.
The U.S. Federal Trade Commission has given the go-ahead to a joint venture by The Dow Chemical Co. and Reichhold Inc. that will be based in the Research Triangle Park.
Consolidated sales for Groupe Lapeyre amounted to Ï1,084.1 million at September 30, 2001, an increase of 15.3% compared with the first nine months of 2000.
At K2001 in Dusseldorf. Ge Bayer Silicones GmbH & Co. KG, the joint venture of Ge Electric and the Bayer AG, will present a number of new, innovative products and developments.