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With its 1999 goal of sales expansion outside Europe, Saint-Gobain Technical Fabrics set up a fabric cutting unit in Mexico for grinding wheels, in November 2001.
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.
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.
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.
On the occasion of the 150th anniversary of the birth of the company founder Otto Schott (1851 – 1935) the international technology concern Schott (headquartered in Mainz) organized a scientific colloquium at the Friedrich Schiller University in…
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.
Pilkington has announced that it is to close one of it three automotive glass production lines at its Eccleston plant in St.
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.
Consolidated sales for Groupe Lapeyre amounted to Ï1,084.1 million at September 30, 2001, an increase of 15.3% compared with the first nine months of 2000.
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.
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.