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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…
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…
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.
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).
The small automotive glazing firms struggling to survive as they are crowded out of the insurance repair market must be wondering what the competition laws are for.
Asahi Glass (China) Co., Ltd. has become the second largest auto glass producer in China after acquiring another joint venture and capacity expansion.
In accordance with agreements finalized on April 6, 2005, Saint-Gobain has increased its share of voting rights in Hankuk Glass Industries (HGI) from 46% to 80.47%, and thus gained control of HGI.
Research and Market has announced the addition of Chinese Markets for Flat Glass 2005 to their offering.China's demand for flat glass has grown at a fast pace in the past decade.
The directors of Ardagh Glass may face a minority protection action from some shareholders over its takeover by Caona. The shareholders have instructed a firm of solicitors, Donal Reilly & Collins, to see if the action can be taken, according to…
South African glass packaging firm Consol lifted interim earnings 4.7 percent on Wednesday, saying it planned to boost market share and post a solid performance in the second half.Headline earnings per share rose to 58.2 cents from 55.6 cents in the…
South African glass packaging firm Consol made a positive debut on the JSE Securities Exchange on Monday after its unbundling from food and packaging group AVI, traders said.
Shares in South Wharf lost nearly 12pc yesterday following the news of a failed High Court bid. The High Court yesterday ruled against it in its bid to change the use of its Ringsend property.
China reported a favorable tradebalance of 59.18 million US dollars of fiber glass during the first half of this year, the nation's first trade surplus in the material in more than a decade, according to customs in Chongqing in southwest part…
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or…
VITRUM 2003 will be held in Milan fairgrounds from 25th to 28th June.As in 2001, VITRUM will take place in halls 14, 15 and 16 of the Portello pavilions, now the organizers tried and tested, which proved the ideal venue for such a demanding…
The largest conference in the global glass industry, Glass Processing Days (GPD), is just around the corner. GPD 2003 will take place on 1518, June 2003 in Tampere, Finland.
Six glass manufacturing and distribution companies have formed the Flat Glass Logistics Council, which will host its first formal meeting on May 1, 2003 at the Double Tree Club Hotel in Des Plaines, Ill.
The board of Taiwan Glass Industrial Corp. (Q.TGI) has approved plans to invest US$30 million in a new plant in China's Guangdong province, the glass maker said Friday.
In a bid to avoid possible anti-dumping charges by the U.S. and other countries, a major Chinese autoglass maker has set up a factory in Hong Kong, bucking the decades-long drift of manufacturers from the territory to the mainland.