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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.
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. (…
Schott increased its sales in the 2000/2001 fiscal year (to September 30) by 6 percent to more than 2 billion euros (1999/2000: 1.9 billion euros).
OIT's Glass Team recently released a new CD-ROM titled Resources and Tools for Energy Efficiency and Cost Reduction Now.
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.
Japanese company Asahi Glass Co Ltd has increased its stake in Indonesian sheet glass producer PT Asahimas Flat Glass to become the majority shareholder in the joint venture.
Asahi Glass down 8.93 percent at 683 yen after the company issued its second profit warning this year.
The acquisition of America’s Applied Power Corporation provides Schott with a ticket to a market with good long-term growth potential.The goals are ambitious.
BP has announced that it is building the world's most environmentally friendly service station in Hornchurch, Essex.
BP is set to supply solar technology to eight of the 23 recently announced Department of Trade and Industry’s solar house roof projects.
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”.
Japan's Nippon Sheet Glass doubled its Pilkington stake to around 20 percent, in a move to expand its global reach.Pilkington Chief Executive Paolo Scaroni said he felt NSG would not raise its stake beyond that level.
The Industrial Development Bureau (IDB) announced Wednesday morning that Japan's Asahi Glass, the world's largest TFT LCD glass substrate manufacturer, has completed construction of a new glass substrate plant in Taiwan's Yunlin…
British glassmaker Pilkington Plc's chief executive Paolo Scaroni said that he did not think Japanese glassmaker Nippon Sheet Glass Co Ltd would raise its stake in the company.
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.
The first phase of the project will center on 35 Agrarian Reform Communities (ARCs) in the Mindanao region of the Philippines.