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Zhejiang Glass Co Ltd said it intends to use 100 mln yuan which was a part of net proceeds raised from its listing of H shares to invest in an ultra-thick float flat glass production line.

Tough action and tough talking have followed the announcement by US commerce chiefs of plans to slap anti-dumping duty on specific glass products.

Santander Central Hispano said Monday it has raised its recommendation on Mexican glass maker Vitro SA (VTO) to 'Hold' from 'Underperform.'The upgrade was based on the stock's new valuation following news that Vitro will…

Shareholders of Mexican glass giant Vitro approved on Thursday the payment of a dividend of 0.25 peso per share.

Mexican glass maker Vitro SA said early on Tuesday that it will propose a 0.25 pesos-per-share dividend to investors at its annual shareholders meeting in March.

Vitro, the Mexican conglom-erate, sold its 51 per cent stake in Vitromatic, the white goods company, to Whirlpool of the US yesterday, in a deal valued at about Dollars 280m.

Demand for flat glass in the United States is forecast to rise three percent per year to almost seven billion square feet in 2005, valued at $9.1 billion.

Mexican glassmaker Vitro said that its third quarter operating profit fell sharply, hit by the strong peso currency and an economic slowdown at home and in the United states.

Arch Aluminum & Glass has announced it has begun production of decorative silk-screened glass at its Orlando, FL glass fabrication facility. The company is manufacturing the new product in standard or custom patterns.