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BPB, the world's leading plasterboard business, is on full alert for an offer of more than £3.5bn for the company from Saint-Gobain, its French rival.
BPB PLC's institutional investors have demanded the group not be sold for less than 800 pence a share, valuing the group at more than 4 bln stg, the Sunday Telegraph reported.
The Pension Benefit Guaranty Corp. will take responsibility for the pensions of almost 3,000 hourly workers at bankrupt Techneglas Inc., including its former employees in Central Ohio.
Saint-Gobain SA said its Scandinavian subsidiary, Saint-Gobain Nordic, has bought Optimera Gruppen AS of Norway, a distributor of building materials that has a commercial network of 95 brands in Norway and Sweden.
China's major industrial enterprises registered an overall profit of 276.4 billion yuan (33. 3 billion US dollars) in the first quarter of this year, only increasing 17.2 percent year on year, a three-year low.
In August, Al Abbar Architectural Glass in Dubai will take delivery of the worlds largest Low-E tempering (toughening) line.
With the formalization of friendly exchange relationship with the Harbin People's Municipality in China and Cagayan de Oro, industrialists from Xinghai City in China are considering Phividec as the site of their $300 million glass factory.
Research and Markets has announced the addition of Chinese Markets for Flat Glass to their offering. China's demand for flat glass has grown at a fast pace in the past decade.
In view of the strong growth trends in Latin American markets, Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand its presence in the region with the construction of a new float glass production line in Mexico.
China Glass Holdings, which is raising up to HK$207 million through an initial public offering, plans to use 93.5 percent of proceeds to add a production line to boost annual capacity by two-thirds, said the company and fund managers.
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.
Leading US glass manufacturer Corning Incorporated is considering investing in the Chinese mainland to produce special glass substrates used in the production of liquid crystal displays (LCD).
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…
In view of the strong growth trends in Latin American markets, Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand its presence in the region with the construction of a new float glass production line in Mexico.
Fuyao Glass Industry Group Co Ltd has signed an agreement with Audi AG to export windshields to the auto maker's production facilities in Germany, the China Daily reported.
Luoyang Glass, China's largest publicly traded flat glass maker, which issued a profit warning last month, plans to set up two joint ventures with its parent to produce ultra-thin glass and process raw materials with a total investment of 550…
Plansww Holding AG (PLANSEE) and Mitsubishi Materials Corporation (MMC) have reached a basic agreement by signing a Letter of Intent to merge their relevant business activities in the field of powder metallurgical (PM) products under a new joint…
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.
China Glass Holdings, which makes glass products for cars and buildings, plans to raise US$20-25 million (HK$156-195 million) next month by listing its shares on Hong Kong's main board, market sources said.
SGG COOL-LITE ST has had a great deal of success on the solar control market. Our sales of COOL-LITE that can be toughened already represent 22% of all SGG COOL-LITE sold.
Air Liquide is pleased to announce that it has signed a 15-year contract with Saint-Gobain, a leader in the glass industry, for their new float-glass manufacturing site of Calarasi, 100 km south-east of Bucarest in Romania.
Consolidated sales for the Saint-Gobain Group in the first quarter of 2005, calculated in accordance with International Financial Reporting Standards (IFRS), came in at 7,633 million, compared with 7,261 million for the same period in 2004 (…
Zhejiang Glass' (0739.HK) FY05 EPS may rise 38.4% to 49 HK cents with opening of an upstream soda ash plant in June, says South Ocean Management's fund manager Brook McConnell; "it's got a great shot at making gigantic earnings…
Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand into the booming glass market for flat TV panels, through the production of glass for PDP (Plasma Display Panel).
Asahi Glass (China) Co., Ltd. has become the second largest auto glass producer in China after acquiring another joint venture and capacity expansion.