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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.
PPG, a glass, paint and chemicals company, reported a 34 percent drop in fourth quarter profits Thursday due to sluggish glass and coating sales.
Over the last three trading days, the Glaverbel share price has increased to over 145 euro per share, with abnormally high trading volumes.
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.
PPG Industries will present the second annual PPG Design Challenge Awards to students of Detroit's College for Creative Studies (CCS) on Wednesday, Jan. 9, at 2 p.m. at Cobo Center, Detroit, in Suite O2-33.
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.
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.
PPG Canada Inc. today received the decision of the Canada Customs and Revenue Agency (CCRA) to initiate a dumping investigation of automotive replacement glass (ARG) windshields from the People's Republic of China. "The Government of…
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. (…
Urecoats Industries Inc., a developer and marketer of sealants and coating products for the construction and building products industries, announced the opening of a second major distribution center for its Urecoats and Infiniti products in Orlando…
Sika Industry's Marion, Ohio plant has obtained QS-9000 certification, a requirement of parts suppliers to the U.S. auto and truck manufacturers.
Chairman Raj L. Gupta told investors that Rohm and Haas is continuing to invest for the future, even as it takes decisive action to cope with the immediate economic challenges in the marketplace.
Rohm and Haas Company said that its Board of Directors elected Suzanne B. Rowland a vice president of the company at a regularly scheduled board meeting.Rowland, 40, joined Rohm and Haas in 1985 as market manager for textile chemicals in North…
SPD Inc. announced that in addition to delivering suspended particle device light-control film, it expects to begin producing SPD glass incorporating this film in January of 2002.
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.
Vietnam's two largest glass producers are sitting on major stockpiles of unsold stock, despite strong protection from Government tariff and non-tariff measures.
In a major move to grow its high-performance coatings business, PPG Industries is expanding the size and reach of sales and service, improving local market access and simplifying its product line under a single brand strategy.
Guardian Industries' latest glass innovation takes the white knuckles out of poor-weather driving conditions with a durable glass coating that improves visibility.
AFG Industries announced the introduction of Radiance-Ti™, a new self-cleaning glass that helps keep windows clean on the outside.
Batimat 2001 is also an opportunity for Glaverbel to highlight its relationship with visitors, and to combine its technical skills, innovative expertise and creative glass-making methods in a spectacular display on its stand.
British glassmaker Pilkington Plc reported a 13 percent rise in first-half profits on Thursday that beat market forecasts but said it expected tougher trading conditions in the second half.Pre-tax profits before exceptionals rose to 115 million…
The slowdown in the economy put a brake on the Group's growth during the third quarter. The weaker economy resulted in a fall in demand for clear raw glass, without however affecting price levels.
At K2001 in Dusseldorf. Ge Bayer Silicones GmbH & Co. KG, the joint venture of Ge Electric and the Bayer AG, will present a number of new, innovative products and developments.
Guardian Industries Corp. recently announced, that its operations are supplying high-performance coated glass for the 700-foot tower that will serve as headquarters for banking and financial services giant HSBC Holdings plc.
Asahi Glass Company (AGC) has announced an automotive glass recycling test initiative that begins next March and will lead to a full-scale program in 2004.