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Asahi Glass Co., Ltd (J.AHG) announced today that it has increased its direct and indirect shareholding in Glaverbel (GLAB.
Asahi Glass Co Ltd is confident it will obtain the 95 pct of Glaverbel which would enable it to launch a squeeze out operation to obtain the remaining shares, sources close to Glaverbel and Asahi said.
Japan's largest glass maker, Asahi Glass Co. Ltd, announced Friday it will launch a $415 million public tender next week for the 35 percent of Belgian glass maker Glaverbel SA it doesn't already own.
Diamon-Fusion International (DFI) reached a licensing agreement with Italian glass manufacturer Curvet Spa (Gruppo Industriale Curvet).
Japan's largest glass maker, Asahi Glass Co. Ltd, announced Friday it will launch a $415 million public tender next week for the 35 percent of Belgian glass maker Glaverbel SA it doesn't already own.
The twin-towered, glass-skinned high-rise that straddles the main train station in the city of Nagoya has entered the Guinness Book of Records as the world's largest building housing a railway terminal.
With savvy consumers demanding greener automobiles and government agencies raising the fuel-economy bar, Guardian Industries' SilverGuard(TM) infrared reflective glass is engineered to help meet today's tough vehicle standards.
Glaverbel SA said it expects a contraction in its net result during 2002 because of the economic slowdown and said it will cut its production capacity.
The Glaverbel Group closed its financial year 2001 with record performances, confirming the correctness of the strategy which the Group has followed for the past 10 years, namely profitable growth through geographical diversification and increased…
Glaverbel SA shares closed slightly firmer in heavy trade, amidst speculation that funds are trying to block Asahi Glass Co Ltd's buyout bid, brokers said.
Chemical and glass producer PPG Industries Inc. said it would appeal an award to privately held Marvin Windows and Doors by a federal jury here on Thursday.
A jury awarded Marvin Windows and Doors $135.8 million from PPG Industries on its claim that a PPG wood preservative failed to prevent wood rot as promised.The decision was handed down Thursday in U.S.
Auto-glass maker Asahi India Safety Glass has increased its stake to nearly 80 per cent in its subsidiary Float Glass India, through a recent open offer and said it might merge the ailing company with itself.
Shareholders holding about 12% of Belgian glassmaker Glaverbel have banded together to oppose a takeover bid from Asahi Glass for the 35% of Glaverbel not owned by Japan's largest glass company.
"With a product like Pilkington Activ™ Glass, people are naturally going to be skeptical until they actually see it work," said Leland Ogdahl, general manager and co-owner of Kent Window Inc./Harbor Windows™, Grand Rapids, Mich.
Demand for flat glass in the United States is forecast to rise three percent per year to almost seven billion square feet in 2005, valued at $9.1 billion.
Officials at Pilkington North America were pleased with the recent decision of the U.S. Department of Energy (DOE) to delay the implementation of the new Energy Star criteria for windows in order to further review the changes that are being made in…
Over the last three trading days, the Glaverbel share price has increased to over 145 euro per share, with abnormally high trading volumes.
While dark glass on today's vehicles provides passenger privacy and symbolizes status, tomorrow's automotive designers see glass tops, spanning from the windshield across the roof to the back window, on luxury vehicles so that occupants…
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.
Glaverbel SA said the Belgian Banking and Finance Commission has extended until Jan 15 the deadline for the Glaverbel board to give its view on Asahi Glass Co Ltd's offer to buy out the shares it does not own in the company.
Apogee Enterprises Inc., a maker of glass products for the building and auto industries, on Wednesday posted higher third-quarter earnings and affirmed its outlook for the current and next fiscal years.
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. (…
The Glaverbel Group is investing in a new coater* at its Lodelinsart plant in Belgium (Charleroi). This new system will upgrade production of coated solar control glass, sold to large construction projects around the world.