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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.

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. (…

Zhejiang Glass Company Limited, the largest privately owned flat glass manufacturer in Zhejiang Province and the fifth in the Chinese mainland, announced the issue of 170 million new H-shares in Hong Kong on November 28.

Vietnam's two largest glass producers are sitting on major stockpiles of unsold stock, despite strong protection from Government tariff and non-tariff measures.

A major glassworks in Central Asia in the town of Chuy-Tokmak (in the northern Kyrgyz Chuy Region) will be launched soon.

The Brazilian safety glass machine market is experiencing a very favorable development. The order book of the last year established new Tamglass plant in Brazil has grown rapidly during the ongoing year.

The glazing industry of the 21st century uses these days increasingly float glass integrated with special coating materials.