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Asahi Glass Co said Thursday it will start producing automotive glass in Hungary in early 2006 to meet growing demand in central and eastern Europe.
Asahi Glass, a Japanese glassmaker, is expected to begin the construction of a glass factory for LCDs in Kumi as soon as August.
The following stocks are on the move on Tuesday: Glass sheet maker Central Glass Co up 5.38 percent at 822 yen, a day after its annual results and outlook both beat the market consensus.
Asahi Glass Fine Techno, a Taiwanese subsidiary of Japan-based Asahi Glass, expects its fifth glass furnace to begin operations earlier than expected to meet demand from TFT LCD makers, according to the Chinese-language Commercial Times.
The local glass manufacturing industry is under heavy siege with the surge of glass products imported from China, Indonesia, Thailand, Singapore, Taiwan, India and Korea.
Corning to shut CRT glass plant Corning Inc. has announced plans to close its television glass joint venture with Japan's Asahi Glass Co.
Japan-based Asahi Glass Co. Ltd. has announced that it will move part of its production line in the Philippines to Thailand as a way of rationalizing its regional operations.
The shareholders of Asahi India Glass Ltd (AIGL) and Floatglass India Ltd (FIL) have approved the merger of the two companies, according to a AIGL release.
Asahi Glass Philippines, the local unit of Japanese glass maker Asahi Glass Co. Ltd. (J.AHG or 5201) said Thursday it will phase out its Philippines automotive glass operations this year, but may recall that decision if domestic car sales improve.
Standard & Poor's Corp (S&P) said Thursday it has revised the outlook on the long-term corporate credit rating on Asahi Glass Co, one of the world's largest flat-glass makers, to negative from stable.
Shares in Pilkington surged in early trading Monday after a report that a smaller Japanese rival was considering a £1billion takeover bid.
In a bid to avoid possible anti-dumping charges by the U.S. and other countries, a major Chinese autoglass maker has set up a factory in Hong Kong, bucking the decades-long drift of manufacturers from the territory to the mainland.
Fraser & Neave Holdings Bhd's glass packaging division is looking towards China as its area of growth for the next 10 years, said general manager Sim Kuang Meng.
The squeeze-out offer of Asahi Glass Co., Ltd., for the remaining Glaverbel shares closed on 16 December. Asahi Glass thus fully holds 100 percent of the capital of Glaverbel. 34,552 shares and 175 bonds were tendered.
Japanese glass maker Central Glass Co. (J.CNG or 4044) will set up a joint venture with Saint-Gobain Sekurit France S.A. to sell glass for automobiles and construction machinery.
Asahi Glass Co. Ltd. (J.AHG) said Wednesday that it has gained full control of Belgium's Glaverbel SA (B.GLA) following a squeeze-out offer.
Taiwan-based China Optoelectronics Technology Corporation (COTC) recently began trial production of STN LCD glass substrates and plans to shortly send samples to Cando and other customers for approval.
Asahi Glass Company Ltd said it will launch a bid for all the remaining shares of Glaverbel SA at 140.86 eur per share. The company said the Belgian Banking and Finance Commission approved the operation, which it said will run from Dec 3-16.
DuPont recently was one of the sponsors of Celebration of Beijing, an event held in Washington, D.C., to celebrate the Chinese citys selection as host of the 2008 Olympic Games.
Asahi Glass Co., Ltd (J.AHG), which currently holds 99.08% of the share capital of Glaverbel (GLAB.BRU), announced today that it is launching a public squeeze-out bid for the 65,434 shares (i.e. 0.92% of the share capital) it does not already hold.
Asahi Glass Co., Ltd (J.AHG) announced today that it has increased its direct and indirect shareholding in Glaverbel (GLAB.
Asahi Glass Co Ltd is confident it will obtain the 95 pct of Glaverbel which would enable it to launch a squeeze out operation to obtain the remaining shares, sources close to Glaverbel and Asahi said.
Traditionally, when bathing, the Japanese wash and rinse off and only then get into their bath. This is filled with extremely hot water, between 40 and 50°C, which is usually used by all the members of the family.
Officials with PPG Industries (NYSE:PPG) said they are pleased with today's 3-2 vote by the U.S. International Trade Commission that affirms imports of automotive replacement glass windshields from China are causing material injury to the…
The United States will begin imposing tariffs on replacement automobile windshields from China next month following a ruling Tuesday by the U.S.