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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…
Grupo Vitro, Mexico's largest glass manufacturer, has assured that the volatility in gas prices for industrial use will not affect its operations.
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.
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.
At last! A household chore our rainy Northwest days are good for, and would you believe it's washing windows — outdoors, no less? Indeed the newest window innovation, which makes its Seattle Home Show debut Saturday, is self-cleaning glass that…
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.
World demand for flat glass is forecast to rise more than 4 percent per year to nearly 4 billion square meters in 2004, with a market value of over $40 billion.
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…
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.
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.
Their next project in float glass field is Kaveh float. This plant is also designed for producing float glass. The capacity is 260,000 Ton/Year.
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.
Asahi Glass Co., Ltd. ("AGC"; headquartered in Tokyo; president: Mr. Shinya Ishizu) decided to make a public tender offer to purchase all the ordinary shares held by public shareholders in its consolidated subsidiary, Glaverbel S.A. (…
Guardian Industries' Carleton facility will receive an award for an outstanding safety and health record from the Michigan Department of Consumer & Industry Services, on Tuesday, December 4, 2001, 2 p.m., 14600 Romine Rd., in Carleton.
The Glaverbel Group is investing in a new coater* at its Lodelinsart plant in Belgium (Charleroi). This new system will upgrade production of coated solar control glass, sold to large construction projects around the world.
Guardian Industries Corp. has announced that it will build a second float glass manufacturing facility in Brazil.
The Department of Energy has released new criteria for Energy Star windows and doors. According to the new criteria, the climate region map has been changed so that climate region boundaries generally follow the 2000 and 6000 Heating Degree Day…
If the U.S. Congress adopts an energy bill this year or next, it may well provide tax credits for using high-performance windows and other energy-saving products in new and existing homes.
Batimat 2001 is also an opportunity for Glaverbel to highlight its relationship with visitors, and to combine its technical skills, innovative expertise and creative glass-making methods in a spectacular display on its stand.