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Asahi Glass (Head office: Tokyo; President: Kazuhiko Ishimura) has decided to acquire SCHOTT Processing Korea Co., Ltd. (Head office: Cheongwon-gun, Chungcheongbuk-do, Korea; hereafter, “SPK”), a wholly owned Korean subsidiary of Germany’s SCHOTT AG…
Business review of the first quarter of 2008 During the first quarter of fiscal 2008 (January 1 through March 31, 2008), prices of raw materials and fuels such as oil continued to rise worldwide.
Asahi Glass Co., Ltd. (the “Company”) has decided to liquidate its subsidiary, as described below. 1.
Asahi Glass, a Japanese glass substrate maker, is enhancing its investment in Korea’s LCD business. It tries to expand its glass substrate business in Korea, which is emerging as the world’s largest LCD panel maker.
With regard to its flat glass business in North America, Asahi Glass Co., Ltd. (Head Office: Tokyo; President & COO: Kazuhiko Ishimura) has decided to stop operations on three float glass production lines and two architectural coating lines from…
Moody's Investors Service has assigned an 'A2' issuer ratings to Nippon Electric Glass Co, an A2 senior unsecured rating on its Series 4 bonds 20 bln yen due 2009.
The glass substrate industry is witnessing rapid growth in technological innovation driven by the market demand for larger size glasses.
Asahi Glass Co., Ltd. (the Company) hereby announces that, at the Board of Directors meeting held on February 12, 2008, it has resolved that the Company would purchase the Company’s stock in accordance with Article 156 of the Corporation Law…
Asahi Glass Co., Ltd. and its European subsidiary AGC Flat Glass Europe SA (formerly Glaverbel) decided to pay the fine imposed by the European Commission in its decision dated November 29, 2007, concerning anticompetitive behavior in the flat glass…
Asahi Glass Co., Ltd. (Head office: Tokyo; President & CEO: Masahiro Kadomatsu) has decided to enhance glass production facilities for solar cells.
Asahi Glass Co., Ltd. has decided to boost its production capacity of LUMIFLON®, a high-weatherability fluoropolymer for coatings.
Asahi India Glass said that the company reported a standalone net loss of Rs.3.15 crores in the third quarter ended December 31, 2007 compared to a net profit of Rs.13.36 crores posted in the same quarter last year.
Gross sales and operating profit for the nine months period amounted Rs. 87188 lakhs and Rs. 17271 lakhs respectively.
The U.S. Supreme Court refused to revive a $25.1 million award won by Japanese glassmaker Asahi Glass Co. in a patent suit against rival Cardinal IG Co.
Bloomberg reported that Nippon Telegraph & Telephone Corp., Sony Corp., Asahi Glass Co. and other Japanese companies are wooing Middle Eastern investors to bolster their declining share prices, the Nikkei English News reported today.
Asahi Glass Fine Techno Korea reported that one employee of a subcontractor was killed and that two others were injured when an explosion occurred during repair work on a hydrochloric acid storage tank that is part of the water treatment system at…
On November 28, 2007, Asahi’s subsidiary AGC Flat Glass Europe (former Glaverbel), having its head office in Brussels, Belgium, (“AFEU”) and Asahi received a decision of the European Commission (the “Commission”) holding Asahi and AFEU liable in…
Concerning the explosion accident occurred around 10:15 am (Korea Time) at Asahi Glass Fine Techno Korea (Gumi, Gyeongsangbuk-do, Korea; President: Shoji Morikawa) during repair work of hydrochloric acid storage tank, a part of water treatment…
THE ASAHI GLASS CO. and the MITSUBISHI ELECTRIC CORP. (TSE:6503) said Tuesday that they will sell their stakes in struggling LCD panel joint venture OPTREX CORP. to an investment fund for a total of Y10 million ($US87,438.71). * In February, Optrex…
As already announced on September 12, 2007, Asahi Glass Co., Ltd. completed to divest the glass wool and industrial materials operations from Asahi Fiber Glass Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Akira Kitsunezuka) and…
Asahi Glass Co., Ltd. (the “Company”) has revised the outlook of consolidated operating results announced on October 31, 2007, for the fiscal year 2007 (January 1 through December 31, 2007), as described here.
Following the recommendation of the Nominating Committee, and approval at the Meeting of the Board of Directors that was held today, Asahi Glass announced a set of changes in the members of the Board of Directors and Executive Officers as…
Serbian Deputy Prime Minister Bozidar Djelic stated that the Japanese company Asahi Glass, the second largest glass company in the world, could invest €120 million in Serbia.
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.