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Finland's second largest independent glass processing firm has become part of the Pilkington Group.The acquisition of KP Lasi will give Pilkington Processing and Merchanting 15 per cent of the buoyant Finnish IGU market.
A spate of layoffs hit France this week, with U.S. computer-maker Hewlett-Packard detailing 1,400 cuts and transfers, and glass and construction group Saint-Gobain announcing it will move positions to the Czech Republic.
The largest conference in the global glass industry, Glass Processing Days (GPD), will take place on June 1518 2003 in Tampere, Finland.
French glass and construction materials firm Saint-Gobain foresees no sign of any vigorous economic rebound before the end of 2002 and confirmed its outlook for earnings growth of up to 4 percent.
Central Glass Co. of Japan is tying up with Compagnie de Saint-Gobain of France to strengthen its global business of making glass for Japanese automakers.
Alan E. Barton, Vice President of Rohm and Haas Company, today spoke with analysts at the McDonald Investment Chemical Conference in Cleveland, Ohio.
Saint-Gobain, the French materials and packaging group has finally begun to reap the rewards of its cost-cutting and refocusing strategy.
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…
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.
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.
In October 2001 a high precision measuring instrument, the world's largest and most precise ring laser gyroscope, officially came into service.
Nippon Sheet Glass, a large Japanese manufacturer, has increased its holding in Pilkington, the UK glass group, from 10 to 21 per cent over the past fortnight, but has ruled out mounting a full bid.