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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.
The 10th GPD conference is scheduled 15-18 June 2007. This leading forum for trendsetters and decision-makers of the glass industry has traditionally attracted an audience of some 800 and has featured some 200 professional presentations.
About 100 glass and metal companies will participate in V Fenavid - Glass and Aluminum National Fair, that will happen in September 7 to 9 at the Centro Sul Pavillon, in Florianópolis (Santa Catarina), Brazil.
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).
International trade fair for window and facade fensterbau/frontale 2006, which takes place together with Holz-Handwerk in the Exhibition Centre Nuremberg from 22-25 March 2006, has two premières to offer this year.The first one is expert discussion…
EMAP Maclaren, organiser of Glassex, has announced advanced sales for the 2006 event are well ahead of the previous event year-on-year.
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…
GlassTech Asia, the 5th International Glass Products, Glass Manufacturing, Processing & Materials Exhibition and Conference, gave Thailands and the regions glass makers convenient access to relevant glass making technology and equipment from…
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.
Thailand Convention and Exhibition Bureau (TCEB) together with Conference & Exhibitions Management Services Pte Ltd, Singapore Glass Association and Thai Glass Dealers Association will organise GLASSTECH ASIA 2005 for the first time in…
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.