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BPB, the world's leading plasterboard business, is on full alert for an offer of more than £3.5bn for the company from Saint-Gobain, its French rival.
BPB PLC's institutional investors have demanded the group not be sold for less than 800 pence a share, valuing the group at more than 4 bln stg, the Sunday Telegraph reported.
Saint-Gobain SA said its Scandinavian subsidiary, Saint-Gobain Nordic, has bought Optimera Gruppen AS of Norway, a distributor of building materials that has a commercial network of 95 brands in Norway and Sweden.
At the British Insurance Car Security Awards (BICSA), car manufacturers are being recognised for their efforts in helping to win the fight against vehicle crime.
MONEYWEB: David Shapiro, you will remember the PG Group, the glass manufacturer. DAVID SHAPIRO: I did all my auditing there three years of articles.
In view of the strong growth trends in Latin American markets, Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand its presence in the region with the construction of a new float glass production line in Mexico.
On June 7, 2005, Mexican President Vicente Fox officially inaugurated Guardian Industries 24th float glass plant in El Marqués, Querétaro, Mexico.
Glass and chemicals copmany PPG Industries Inc. (PPG.N: Quote, Profile, Research) plans to issue a eurobond after a European roadshow, the banks managing the sale said on Wednesday.
In view of the strong growth trends in Latin American markets, Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand its presence in the region with the construction of a new float glass production line in Mexico.
Joseph Stas, with more than 25 years of experience at PPG Industries has been named the company's vice president, automotive original-equipment-manufacturer glass, effective July 1.
SGG COOL-LITE ST has had a great deal of success on the solar control market. Our sales of COOL-LITE that can be toughened already represent 22% of all SGG COOL-LITE sold.
Air Liquide is pleased to announce that it has signed a 15-year contract with Saint-Gobain, a leader in the glass industry, for their new float-glass manufacturing site of Calarasi, 100 km south-east of Bucarest in Romania.
Consolidated sales for the Saint-Gobain Group in the first quarter of 2005, calculated in accordance with International Financial Reporting Standards (IFRS), came in at 7,633 million, compared with 7,261 million for the same period in 2004 (…
The next chairman of PPG Industries Inc. expects the $9 billion company to grow by acquiring primarily coating and optical products businesses and expanding in regions such as Asia and Eastern Europe that are primed for industrial growth.
Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand into the booming glass market for flat TV panels, through the production of glass for PDP (Plasma Display Panel).
PPG Industries recently outlined a number of expansions to its glass fibre production in response to growing demand in the US and Asia.
In accordance with agreements finalized on April 6, 2005, Saint-Gobain has increased its share of voting rights in Hankuk Glass Industries (HGI) from 46% to 80.47%, and thus gained control of HGI.
The United States' Eighth Circuit Court of Appeals today ruled against PPG Industries in a breach-of-warranty case brought against it by Marvin Windows and Doors.
Guardian Industries Corp., a worldwide manufacturer of float glass and fabricated glass products, officially inaugurated its float glass facility in Goole, England, yesterday. (EDITORS NOTE - Float glass is made by floating melted glass on a bed of…
Schneider National Inc., a premier provider of transportation, logistics and related services, today announced it will host a career fair to fill 100 professional truck driving positions.
At the official opening of the UK's first magnetron coater, Saint-Gobain Glass UK announced the launch of SGG PLANITHERM TOTAL 1.3.
Experience partnerships a joint trade fair stand held by CLIMALIT® and SECURIT-Partner with SAINT- GOBAIN GLASS at glasstec 2004 From 9 to 13 November 2004 trade fair visitors will be able to experience the working-material glass and its versatile…
Sales improved across the three major business units at PPG Industries Inc., but an 8 percent gain in its coatings business was the major driver behind a 6 percent gain in second-quarter revenue, the company said Thursday.
PPG Industries reported fourth quarter net income of $122 million, or 71 cents a share, including an aftertax charge of $8 million, or 5 cents a share, to reflect the net increase in the current value of the company's obligation under the…
Roberto Caliari has been appointed Senior Vice-President in charge of the Ceramics & Plastics, Abrasives and Reinforcements Branches.