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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.
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.
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.
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.
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.
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 Window & Door Manufacturers Association (WDMA) received approval on I.S. 6A, the industry standard for architectural stile and rail doors, from the American National Standards Institute (ANSI).
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.
Glass Architects of Santa Rosa, California, designed the new Empire College to stand out at night. With the help of two of the divisions of The Vistawall Group, general contractor Rudolph and Sletton of Sacramento, California, worked with the…
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…
Pilkington North America hired three product specialists to serve as architectural and residential glazing consultants for the glass and architectural industries.
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.
When University of Kansas decided to rebuild the original Hoch Auditorium, which had been destroyed in a fire, several Vistawall Architectural Products were chosen to complete this detailed reconstruction project.
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.