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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.
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.
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.
Saint-Gobain, the French materials and packaging group has finally begun to reap the rewards of its cost-cutting and refocusing strategy.
As a part of strategy in Asian Region, Saint-Gobain Renforcement recently made an investment in China by forming a Joint Venture company with Xinxing Glass Fiber Plant Division of Hangzhou Glass Group Co.
Consolidated sales rose by 12.1% to EUR 1,458 million in 2001. The increase was 14.6% at constant exchange rates and 6% at comparable scope of consolidation, excluding Telhanorte, Menuiseries Franaises and Lapeyre Polska, as well as Lapeyre…
Saint Gobain Desjonqueres will open a plant in Sparta and create approximately 200 jobs. Saint Gobain Desjonqueres, a worldwide leader in the glass, insulation and building materials industries, will use the Sparta plant to decorate cosmetic and…
Over the last three trading days, the Glaverbel share price has increased to over 145 euro per share, with abnormally high trading volumes.
Merrill Lynch upgraded its recommendation for shares in French glass and packaging group St Gobain SA yesterday from "buy" to "strong buy", setting a new share price target of 215 euros.
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.
Beijing Saint-Gobain Vetrotex Glassfiber Co. Ltd. is the first of Saint-Gobain Vetrotex's plant to be certified ISO 9001.
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.
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.
Glassmakers Pilkington and Saint Gobain are digging in for a bitter battle in the potentially lucrative market for self-cleaning glass.Saint Gobain, the French building materials group that is Europe's leading building glassmaker, presented its…
Orange juice giant Tropicana Products Inc. is shutting down its glass bottle factory, leaving 225 people without jobs by early 2003.
A major glassworks in Central Asia in the town of Chuy-Tokmak (in the northern Kyrgyz Chuy Region) will be launched soon.
Dr. Leopold von Heimendahl, Chairman of the Board of Management of Schott Glas, Mainz, has been elected to serve for a further two years as President of the Bundesverband der Glasindustrie, known as BV Glas for short or Federal Glass Industry…
Net consolidated sales of the Saint-Gobain Group for the first 9 months of 2001 were up 7.6% year-on-year (12.8% excluding Essilor), to EUR 22,932 million, from EUR 21,302 million for the same period of 2000.
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.
This year at the international building exhibition Batimat 2001, Saint-Gobain will present a new innovative product “Aquaclean”.
Due to the current softening of some European markets, Saint-Gobain and Pilkington have decided to defer their project to construct a float plant in Poland.
The leader in building distribution in Europe, Saint-Gobain has created BUILD2PRO, the top-ranking services portal for all building professionals.
Interglas Technologies AG, the German glass and carbon fibre manufacturer, is feeling the effects of the slump in the construction industry.
Saint-Gobain's stock has been listed on the Monthly Settlement Market of the Paris Bourse since 24 December 1986. The stock is further listed on the following major stock exchanges around Europe: London, Zurich, Frankfurt, Brussels and…
SGG AQUACLEAN will be presented at Batimat on the Saint-Gobain Glass stand (Hall 3 – Aisle F – Stand 28).SGG AQUACLEAN is made of glass on which a transparent layer of a hydrophilic mineral material is deposited.