Others also read
Staff at Swansea's Pilkington Glass have been reassured that their jobs are not at risk. The UK glass king, based in St Helens, Lancashire, is the latest in a string of British companies to be sold to foreign investors.
Nippon Sheet Glass Co. announced Monday it agreed to acquire 80 percent of British glassmaker Pilkington plc in a strategy to expand its global production capacity.
Nippon Sheet Glass Co. said Monday that it will acquire the 80 percent stake it doesn't have of Britain's Pilkington PLC in a deal worth 358.5 billion yen (US$3 billion; euro2.6 billion).
In keeping with its commitment to introduce state-of-the-art glass products, the Paris-based Multinational Saint-Gobain announced introduction of a rage of solar control reflective glass products.
Pilkington's chairman, Sir Nigel Rudd, stands to make £4.25m if, as expected, Japan's Nippon Sheet Glass returns with an agreed £2.2bn takeover offer this month.
Nippon Sheet Glass Co. Ltd., creator of the Selfoc lens and a supplier of gradient index lenses, has partnered with Optical Zonu, a Van Nuys, Calif., manufacturer of fiber interface modules.
Japan's Nippon Sheet Glass is unlikely to agree to buy Pilkington Plc for several more weeks as it continues to plough through the glassmaker's books, sources familiar with the situation said.
GlassTech Asia 2005, which opened on 30 November at Challenger Hall 3 of IMPACT, has on first show day generated orders totaling US$6 million (250 million baht) from both Thai and international buyers.
Bassra Machine Tools Ltd (BMT) has been known for leading the way in manufacturing insulated glass production machinery in UK from more than 20 years.
Triggered by a strong demand from the buoyant infrastructure sector and booming real estate market, the stock prices of glass manufacturers are hitting the roof. Prices of all the 14 listed glass firms have been on the rise.
Asean, of which Malaysia is one of the founding members, has concluded the free trade agreement in goods with China and the initial phase of the agreement is expected to be implemented by July 1 this year, said International Trade and Industry…
Asahi India Glass Ltd has posted a net profit of Rs209.59mn for the quarter ended March 31, 2005 as compared to Rs202.82mn for the quarter ended March 31, 2004.
Windshield Experts, an automotive glass repair and replacement service firm, has tied-up with ICICI Lombard, a private general insurance major, to manage all automotive glass claims for them.
The shareholders of Asahi India Glass Ltd (AIGL) and Floatglass India Ltd (FIL) have approved the merger of the two companies, according to a AIGL release.
The boards of leading automotive glass makers Asahi India Glass and FloatGlass India (FGI) on Thursday approved the amalgamation of FGI with its parent company Asahi India subject to requisite approvals.
Moody's Investors Service has changed the outlook of the Baa2 senior unsecured long-term debt ratings of Nippon Sheet Glass Co., Ltd.'s (NSG)to stable from positive.
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.
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.
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.