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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.
Rohm and Haas Company is investing approximately US $20 million to build a facility in Mumbai, India.
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 Pilkington Group website www.pilkington.com has a new look and functionality. Built with advanced content management software, the site features instant updating and makes it easier for users to find information on Pilkington products and…
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.
Guardian Industries Corp., a leading manufacturer of high performance coated glass for the commercial construction industry, announced the availability of three new coatings in its Sun-Guard(R) Series: Sun-Guard Pewter-30, Sun-Guard Platinum-23, and…
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.
Resolution Performance Products LLC and RPP Capital Corporation (together, the "Issuers") announce that they have extended the time and date of the expiration for their offer to exchange all of their outstanding $75,000,000 aggregate…
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.
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.
On reaching the age of 68 the director and managing partner Mr. Hans Eberspcher is retiring. He has been at the head of the com-pany since 1965.
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.