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French construction materials maker Saint-Gobain on Monday postponed indefinitely the initial public offering of glass container unit Verallia, the latest sign of ailing demand for European stock flotations.
* Indicative IPO price range 29.50 to 36 euros/share * Price discounted to account for tough market * To raise 958 mln-1.1 bln eur in IPO of 40-46 pct stake * Shares due to start trading on June 22 * Verallia eyes 3-5 pct annual organic net sales…
Owens-Illinois, Inc. (NYSE: OI), the world´s largest glass container manufacturer, announced the launch of Glass Is Life™.
Owens-Illinois, Inc. (NYSE: OI) today announced the acquisition of the remaining 21 percent interest in its southern Brazil glass container company, Owens-Illinois do Brasil Industria e Comercio SA (Comercio).
Sezal Glass touched an intraday high of Rs 4.30 and an intraday low of Rs 3.90. At 10:54 hrs the share was quoting at Rs 4.30, up Rs 0.20, or 4.88%.
Company anticipates lower interest expense PERRYSBURG, Ohio (May 23, 2011) – Owens-Illinois, Inc., (NYSE: OI) today announced that certain of its subsidiaries have entered into a five-year senior secured credit agreement totaling $2 billion.
Saint-Gobain Sekurit, a China-based manufacturer of automotive glass, has announced that it is constructing its second Chinese automotive glass plant in the Shandong province of Qingdao.
Saint-Gobain, the world's largest building materials company, reported a stronger-than-expected 12.2 percent rise in first-quarter sales on Thursday, helped by a recovering building sector in Europe and favourable weather conditions.
French glassmaker Saint-Gobain said on Tuesday that its Verallia glass packaging unit had taken the first step towards an initial public offering by filing documents with the French AMF regulator. "Saint-Gobain is thus pursuing the process…
Pierre-André de Chalendar, Chairman and CEO of the Compagnie de Saint-Gobain, inaugurated the new solar glass furnace at the Saint-Gobain Glass Renedo plant in Spain, 15 kilometers from Santander.
India is an investment hot-spot, as far as glass manufacturer Saint Gobain is concerned. One in every 4 euros it spends is spent in India, reports CNBC-TV18's Swathi Narayanan.
World leader in habitat, Saint-Gobain has just organized its third global innovation competition, aimed at rewarding start-up companies offering the most innovative solutions in the fields of habitat, energy and the environment.
The panel will include Roland Matzig, founder of RMP Architects which consulted on the world’s only Passive House skyscraper built to date in Germany; Bill Butcher, who developed ‘Denby Dale’, one of the UK’s first Passive House developments and…
Grant Supports Expansion of National Green Building and Job-Training Program for Disconnected Youth and Fosters Careers in Green Construction and EntrepreneurshipValley Forge, PA, December 14, 2010 – Saint-Gobain and CertainTeed are joining forces…
Compagnie de Saint-Gobain today signed, with a large group of 24 banks*, a revolving credit facility for an amount of Euro 3 billion, maturing in December 2015.
Cebrace announced today plans to build a new float glass plant in Bahia State, in northeastern Brazil.
Alliance accelerates electrochromic glass leadership position;Funding will actualize world’s first large-scale electrochromic glass plant;SAGE to spearhead R&D and manufacturing for Saint-Gobain electrochromic productsFARIBAULT, Minn.--(BUSINESS…
The French major is interested in putting up a plant in India, but feels that given the inadequacy of scale, some government support is necessary.
GIA announces the release of a comprehensive global report on the Flat Glass markets. The global market for Flat Glass is projected to exceed 34 million metric tons by 2015.
Owens-Illinois, Inc. on October 27, 2010 reported financial results for the third quarter ended September 30, 2010.
A wide range of special glasses will be presented by SAINT-GOBAIN GLASS to skilled tradesmen, processors and architects on stand A26 in Hall 11 at glasstec 2010, the world’s largest trade fair for glass, which will be held in Dusseldorf from 28.09…
Saint-Gobain organizes its third « Saint-Gobain & Start-ups » Competition to reward innovations from start-up companies in the habitat, energy and environment fields.
After a first quarter affected by very cold winter weather in Europe, trading rebounded sharply overall in the second quarter of 2010, with the Group reporting 3.9% organic growth.
Façades with a high share of glass are a particularly hotly discussed topic from the point of view of energy efficiency.
Saint-Gobain’s consolidated sales for first-quarter 2010 came in at €8,737 million, versus €8,782 million in the first quarter of 2009, representing a decline of 0.5% on an actual structure basis and of 2.0% at constant exchange rates*.