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Nippon Sheet Glass and Asahi Glass rose in Tokyo trading after the two largest Asian glassmakers were fined a smaller-than-expected €205 million, or $304 million, by the European Union for price-fixing.
Asahi Glass Co. said Tuesday that it has raised its equity stake in Hankuk Electric Glass Co. of South Korea to 51.47 pct from 42.76 pct through a tender offer.
The world's four biggest float glass manufacturers have been fined by the European Commission a total of 486 million euros for running an illegal price fixing cartel.
Asahi Glass Co., Ltd. confirms that, on November 28, 2007, its European subsidiary AGC Flat Glass Europe SA (formerly Glaverbel) and Asahi Glass received a decision from the European Commission concerning anticompetitive behavior in the flat glass…
Asahi Glass Co., Ltd. (“AGC”) is pleased to announce the results of tender offer for the stocks of Hankuk Electric Glass Co., Ltd., which was started on November 2 and completed on November 21, 2007, based on the decision at the meeting of its…
Good morning ladies and gentlemen, I would like to talk to you today concerning an antitrust decision just adopted by the Commission.
West Virginia has an abundance of natural resources that make it ideal for many industries, including the glass industry.
Although the Tree Valley Park development project headed by the Chi Mei Group recently passed a final environmental assessment under certain conditions, Asahi Glass Fine Techno Taiwan (AFT), a wholly-owned subsidiary of Japan-based Asahi Glass, said…
Following the recommendation of the Nominating Committee and approval at the Meeting of the Board of Directors that was held today, Asahi Glass announced the creations of Chairman & CEO, President & COO, and the change of President as…
Asahi Glass Co., Ltd. (the “Company”) has decided to liquidate its subsidiary, as described below.1.
Asahi Glass Co., Ltd. (“AGC”) has announced the decision at the meeting of its Board of Directors on October 31, 2007 to acquire the stocks of Hankuk Electric Glass Co., Ltd. by way of a tender offer as described below.1.
Business review of the third quarter of 2007 (Nine-month period) During the third quarter of 2007 (nine-month period from January 1 through September 30, 2007), the Japanese economy remained steady backed by an increase in capital expenditure and…
Friday, Asahi India Glass said that the standalone net profit for the second quarter ended September 30, 2007 declined 63% to Rs. 5.55 crores from Rs. 14.82 crores in the same quarter last year.
With the opening of this French institution for architecture, AGC Flat Glass Europe – formerly Glaverbel – has, to quote the institution's President François de Mazières, established itself as the "glass partner for the City of…
When the AGC (Asahi Glass Company) Flat Glass Europe group – formerly known as Glaverbel – exhibits at Batimat 2007, it will be assisted by the very latest skills and techniques.
Investors with a two-three year perspective can retain their exposure in Asahi India Glass. At the current market price of Rs 109, the stock trades at around 36 times its trailing 12 months earnings.
Having already said it may consider changing its plans to establish a plant outside the "Tree Valley Park" in Southern Taiwan, Asahi Glass may have no choice but to make the change as the Southern Taiwan Science Park (STSP) has said the…
Asahi Glass Co., Ltd. has decided to increase production capacity of glass substrates for TFT-LCD (thin film transistor-liquid crystal display).
Asahi Glass Co., Ltd. decided at its Board of Directors’ meeting held on September 12, 2007 to divest the glass wool and industrial materials operations from Asahi Glass Fiber Co., Ltd. and transfer the entire shares of a newly established company…
Asahi India Glass Ltd sees 13-14 percent growth in automotive glass segment and 50 percent growth in architectural glass in FY08, a senior company official said on Thursday.
Officials from Asahi India Glass say the company’s architectural segment grew by 50 percent in the 2008 fiscal year, according to a Sept. 6 Reuters report.
Although net sales increased just 2.2 percent for Japan’s Asahi Glass Co. for the first half of the year, the company reported operating profits of more than $760 million, up 37 percent compared to last year, according to an Aug. 6 Asahi Glass…
Reuters reported that Asahi Glass Co. Ltd. (5201.T: Quote, Profile, Research) is selling its unit Asahi Fiber Glass Co. Ltd. to the Development Bank of Japan (DBJ), as it slims down to better compete with Corning Inc. (GLW.N: Quote, Profile,…
Nippon Sheet Glass Co., Ltd. (“the Company”) confirms the provisional amount of extra-ordinary gain arising from the sale of shares of a subsidiary, and announces the revisions made to its previous forecast of operating results for FY 2008 ( April…
Asahi Glass Co. , Japan's largest glass maker, booked a bigger-than-expected growth in first-half profit, buoyed by strong demand for liquid crystal display glass substrates.