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A major glassworks in Central Asia in the town of Chuy-Tokmak (in the northern Kyrgyz Chuy Region) will be launched soon.
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.
Japan's Nippon Sheet Glass doubled its Pilkington stake to around 20 percent, in a move to expand its global reach.Pilkington Chief Executive Paolo Scaroni said he felt NSG would not raise its stake beyond that level.
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…
British glassmaker Pilkington Plc's chief executive Paolo Scaroni said that he did not think Japanese glassmaker Nippon Sheet Glass Co Ltd would raise its stake in the company.
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.
Nippon Sheet Glass, a large Japanese manufacturer, has increased its holding in Pilkington, the UK glass group, from 10 to 21 per cent over the past fortnight, but has ruled out mounting a full bid.