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Float glass maker Saint Gobain on August 19, 2008 signed an agreement with the Rajasthan government to set up a manufacturing facility at a cost of Rs 1,000 crore in the state.
Asahi India Glass Ltd (AISG.BO: Quote, Profile, Research) posted a quarterly loss, hurt by foreign exchange fluctuations and a hike in fuel prices, it said in a statement on Wednesday.
Kolkata, India, July 2008—IFC, a member of the World Bank Group, will help HNG Float Glass Ltd set up a state-of-the-art plant in Halol in the Indian state of Gujarat.
To meet the increasing demand of its Indian customers, Saint-Gobain has announced plans to build a new flat glass plant in this country.
With the price of furnace oil, used by sheet glass makers to fire kilns, rising in line with that of crude oil, most firms have reported falling profits or losses in the quarter up to March 2008.
A new study from The Freedonia Group Inc., a Cleveland-based industry market research firm, Advanced Flat Glass, projects demand for advanced flat glass to increase 5 percent annually to $7.2 billion in 2012.
MUMBAI: Keynote Capitals Research has advised investors to ‘subscribe with a long term view’ to the initial public offering of Sejal Architectural Glass.
Drs. James Thiel, Paul Medwick, and Andrew Wagner (on photo left to right) senior research associates of PPG Industries (NYSE: PPG), were named winners in the Advanced Manufacturing category for the 2008 Carnegie Science Awards.
SAINT-GOBAIN GLASS launches a toughenable version of its SGG COOL-LITE® SKN 165, the latest addition to the widely-specified high performance SGG COOL-LITE® SKN solar control glass range.
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.
Indian construction boom is here to stay for a long time. With massive construction happening all over the country, there is enormous demand for innovative construction technologies and solutions.
The British glassmaker Pilkington, with annual sales of over 4 billion pounds globally (about Rs 32,000 crore) is planning an entry into India.
"Zak Glass Technology India 2007" successfully closed on November 18, 2007. This exhibition showed the latest equipment, technology and innovation in flat glass manufacturing field and had a big success.
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.
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.
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.
The world’s largest organised glass, windscreen, plastic and acrylic repair company, announced the opening of Glass Polish India, at a press conference recently.
Glass Polish of US on Tuesday announced its entry into India. It is the world’s largest glass, windscreen, plastic and acrylic repair company.
Japan's Nippon Sheet Glass Co. Ltd. plans to build a 15 million euro ($20 million) automotive glass plant in India with British unit Pilkington, targeting Japanese carmakers eyeing climbing local demand.
NSG announces the start of construction of an Automotive fabrication plant in Vishakhapatnam, India. The plant, which is expected to begin production by summer 2008, will be operated by Pilkington Group Limited (“Pilkington”), a member of NSG Group.
Increasing requirements of energy saving and climate protection for buildings have led to a clear improvement in the insulation in buildings - also with respect to glass.
MyIris.com reported that a meeting of the board of directors of Gujarat Borosil will be held on Jun. 27, 2007 to recommend dividend and to consider and approve the annual accounts and audited financial results for the year ended Mar. 31, 2007.
Asahi Glass Co., Ltd. (Headquarters: Tokyo; President: Masahiro Kadomatsu) has succeeded in the development of a modified perfluoropolyether (PFPE) for hard disk lubricant.