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Nippon Sheet Glass Co expects to post a nearly fourfold rise in net profit of 30 bln yen for the year to March 2007, benefiting from contributions from UK glass maker, Pilkington PLC.
In the Pall Mall boardroom of Pilkington, the glassmaker Nippon Sheet Glass has just bought for £2.2bn ($3.9bn), Yozo Izuhara, the man who drove the protracted deal to its conclusion, admits to a moment of indecision during the tense negotiations.
Saint-Gobain's Building Distribution Sector has announced the acquisition of JP Corry, the leading builder's merchant in Northern Ireland, Barugel Azulay, the top-ranking distributor of sanitary ware, tiles and kitchens in the State of…
Pilkington and NSG issued a statement on 16 June confirming that the acquisition of Pilkington by NSG has been completed and that Pilkington is now a member of the NSG Group.
Nippon Sheet Glass Co said it has completed its acquisition of UK glass maker Pilkington PLC. A Nippon Sheet Glass statement says the acquisition means its group will have the largest share of the sheet glass market, with sales of about 760 bln yen…
The European Commission said Wednesday it has approved Nippon Sheet Glass Co.'s acquisition of British glass maker Pilkington PLC, concluding that the deal will "not significantly impede effective competition" in Europe.
Nippon Sheet Glass Co. is moving to global prominence on the strength of Japanese automakers, its biggest customer base. The world's sixth-largest maker of sheet glass is scheduled to complete the purchase of Britain's Pilkington Plc,…
(The Nation (Thailand) Via Thomson Dialog NewsEdge)Eco Coat Ltd, a new Thai-German company, made its debut during Architect '06 this week by launching coloured and transparent glass for outdoor and indoor home decoration under the Betoglass…
Up 27.7% on a Reported Basis Up 9.1% Like-for-Like Consolidated sales for the Saint-Gobain Group in the first quarter of 2006 came in at EUR9,745 million, compared with EUR7,633 million for the same period in 2005, representing a rise of 27.7% on an…
System Shown to Reduce Coating Costs Up to 40% Per Square Meter When Sputtered In Optimal ConditionsBekaert has announced that it is the first company to field test a full set of rotatable sputtering solutions for the display market including…
Corning makes its money these days much the same way it has made money for more than 150 years--by making glass do incredible things.
Asahi Glass Fine Techno Taiwan (AFT), a 100% owned subsidiary of Japan-based Asahi Glass, on April 7 broke ground for its third glass substrate plant in Taiwan.
China's demand for flat glass has grown at a fast pace in the past decade. In the next five years, both production and demand will continue to grow.
The UK's largest supplier of emergency glazing and household repairs yesterday boosted its business with a £6.5m deal.
Where are the Americans? Thats what some of the analysts watching foreign companies snap up British companies are wondering.
On March 27, 2006, H.B. Fuller Company (NYSE:FUL) announced that it has entered into an asset purchase agreement with Henkel KGaA under which H.B.
Construction glass makers are lobbying the Government to suspend the licensing of new glass-making projects until 2010 amid concerns of an imminent surplus crisis in the domestic market.
Pilkington shareholders will vote in April on a formal offer by Nippon Sheet Glass (NSG) for the remaining 80 per cent of the shares in Pilkington they do not currently own.
Reuters report that Corning Inc. on Monday raised its forecast for growth in the glass market for flat panel displays, saying consumers are embracing high-end thin-screen TVs at a faster clip than previously expected.
Italy's glass-manufacturing industry experienced a slight recovery in 2005, glass manufacturers professional association ANFAO announced in an official statement issued today.
Nippon Sheet Glass Co. said the potential benefits of its planned 616 billion yen acquisition of Britain's Pilkington Plc far outweigh the risks.
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).
The rapid growth of the European subsidiary witnessed at Edgetech over the past months is set to continue in the new year.