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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.
Nippon Sheet Glass Co . (J.NSG or 5202) Friday revised down its profit forecast for the year ended March 31 due to slimmer profits on its information technology products and poor earnings at subsidiaries.
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.
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.
As of December 31, 2001 Mr. Karl Lenhardt has resigned his responsibilities as Managing Director of Lenhardt Maschinenbau GmbH in Neuhausen-Hamberg.
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…
Joe Farcus of Joseph Farcus Architects PA (Miami Beach) works with the Fincantieri shipyard of Trieste, Italy to fit luxury cruise ships from US company Carnival Cruise Lines with an abundance of laminated glass applications for reasons of dramatic…
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.
DuPont Teijin Films(TM) and CPFilms today announced the formation of a new strategic relationship to work jointly to reduce injury and property damage due to flying glass.
To maintain and improve the safety standards attained and to reduce operating hazards to users, the Organization for Abrasive Tool Safety (Organisation fr die Sicherheit von Schleifwerkzeugen, oSa) has now been formed.
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.
In 1997, Thailand legislated the use of laminated glass for facades in buildings over 23 m in height, when the total internal area is over 10,000 m2, or if the building is over 15 m in height and the total internal area is greater than 1,000 m2.
An article in Tuesday's edition of The Wall Street Journal spotlighted the DuPont effort to take a leadership role in the search for safety and security solutions following the September 11 terrorist attacks in the United States.
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.
CEN has submitted a draft standard to the preliminary inquiry phase destined to provide information required for CE marking of windows and external pedestrian doors.
The glazing industry of the 21st century uses these days increasingly float glass integrated with special coating materials.
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.
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.