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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.
The Board of Directors of Glaverbel S.A. met on Tuesday 8 January 2002 to formulate the opinion that it must give to the Banking and Finance Commission, concerning the public tender offer announced on 19 December by Asahi Glass for the Glaverbel S.
Beijing Saint-Gobain Vetrotex Glassfiber Co. Ltd. is the first of Saint-Gobain Vetrotex's plant to be certified ISO 9001.
Glaverbel SA said the Belgian Banking and Finance Commission has extended until Jan 15 the deadline for the Glaverbel board to give its view on Asahi Glass Co Ltd's offer to buy out the shares it does not own in the company.
Asahi Glass Co Ltd president Shinya Ishizu said he expects a "huge" increase in profitability from the reorganisation of its worldwide glass operations including the planned buyout of its Glaverbel SA unit.
Asahi Glass Co., Ltd. ("AGC"; headquartered in Tokyo; president: Mr. Shinya Ishizu) decided to make a public tender offer to purchase all the ordinary shares held by public shareholders in its consolidated subsidiary, Glaverbel S.A. (…
Glassmakers Pilkington and Saint Gobain are digging in for a bitter battle in the potentially lucrative market for self-cleaning glass.Saint Gobain, the French building materials group that is Europe's leading building glassmaker, presented its…
Orange juice giant Tropicana Products Inc. is shutting down its glass bottle factory, leaving 225 people without jobs by early 2003.
Japanese company Asahi Glass Co Ltd has increased its stake in Indonesian sheet glass producer PT Asahimas Flat Glass to become the majority shareholder in the joint venture.
Asahi Glass down 8.93 percent at 683 yen after the company issued its second profit warning this year.
Net consolidated sales of the Saint-Gobain Group for the first 9 months of 2001 were up 7.6% year-on-year (12.8% excluding Essilor), to EUR 22,932 million, from EUR 21,302 million for the same period of 2000.
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.
This year at the international building exhibition Batimat 2001, Saint-Gobain will present a new innovative product “Aquaclean”.
The Industrial Development Bureau (IDB) announced Wednesday morning that Japan's Asahi Glass, the world's largest TFT LCD glass substrate manufacturer, has completed construction of a new glass substrate plant in Taiwan's Yunlin…
Due to the current softening of some European markets, Saint-Gobain and Pilkington have decided to defer their project to construct a float plant in Poland.
The leader in building distribution in Europe, Saint-Gobain has created BUILD2PRO, the top-ranking services portal for all building professionals.
Saint-Gobain's stock has been listed on the Monthly Settlement Market of the Paris Bourse since 24 December 1986. The stock is further listed on the following major stock exchanges around Europe: London, Zurich, Frankfurt, Brussels and…
SGG AQUACLEAN will be presented at Batimat on the Saint-Gobain Glass stand (Hall 3 – Aisle F – Stand 28).SGG AQUACLEAN is made of glass on which a transparent layer of a hydrophilic mineral material is deposited.
Asahi Glass Company (AGC) has announced an automotive glass recycling test initiative that begins next March and will lead to a full-scale program in 2004.
Today, SAINT-GOBAIN GLASS has created a new family of glass products to improve ease of use: Saint-Gobain glass clean.
Pursuing its growth strategy in Eastern Europe, the Building Distribution Division of Saint-Gobain announces the acquisition of BayWa Czech Republic, through its German subsidiary Raab Karcher.
Effective October 15, 2001:Jacques Aschenbroich and Christian Streiff are appointed Senior Vice Presidents.
The Building Distribution Division of Saint-Gobain announces the acquisition of Matriaux Runis (Caternet group), through its French subsidiary Point.P.Matriaux Runis is a general builders' merchant, based South-East of France.