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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…
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.
The trend of using colored auto glass as a design element continued with the unveiling of two of GM's latest concept vehicles at the Chicago Auto Show on February 5th and 6th.
Moody's Investors Service has changed the outlook of the Baa2 senior unsecured long-term debt ratings of Nippon Sheet Glass Co., Ltd.'s (NSG)to stable from positive.
Glasstech, Inc., the Perrysburg Township firm that has claimed to be the world's leading maker of equipment for tempering and bending glass for the automotive industry, filed for bankruptcy for the second time in 10 years.
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.
Asahi Glass Co Ltd , Japan's largest glassmaker, said on Monday it would post a special loss of 38 billion yen ($281 million) related to restructuring measures in the business year to next March.
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.
Japan's largest glass maker, Asahi Glass Co Ltd, slashed its earnings forecast for 2001/02 on Monday to a loss of nine billion yen - its first-ever net loss for a business year.
Asahi Glass Co. will turn the parent company's ceramics business division into a 100% unit April 1. The move is aimed rationalizing and revitalizing the ceramics operations, which Asahi Glass regards as one of the group's key business…
Diamond Triumph Auto Glass, Inc. announces the appointments of Norman Harris as Chief Executive Officer and Michael Sumsky as President.
Asahi Glass Co., Ltd. announced that it has succeeded in using a high-transparency fluoropolymer, a leading candidate for next-next generation photolithographic semiconductor manufacturing using F2 (fluoride dimer) excimer lasers, as a photoresist…
Over the last three trading days, the Glaverbel share price has increased to over 145 euro per share, with abnormally high trading volumes.
While dark glass on today's vehicles provides passenger privacy and symbolizes status, tomorrow's automotive designers see glass tops, spanning from the windshield across the roof to the back window, on luxury vehicles so that occupants…
Taylor Made Systems will preview its new self-cleaning glass technology for the marine industry."This is a major breakthrough in marine glass technology," said Mike Oathout, vice president, sales and marketing, for Taylor Made Systems.
One of the most anticipated events in the automotive year is the unveiling of concept vehicles at the North American International Auto Show in Detroit.
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.
The North American International Auto Show, opening to the global media on January 6, provides the ideal backdrop for the introduction of Vanceva(TM) Color, the latest innovation from Solutia Inc.
PPG Industries will present the second annual PPG Design Challenge Awards to students of Detroit's College for Creative Studies (CCS) on Wednesday, Jan. 9, at 2 p.m. at Cobo Center, Detroit, in Suite O2-33.
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.
On the occasion of the 150th anniversary of the birth of the company founder Otto Schott (1851 – 1935) the international technology concern Schott (headquartered in Mainz) organized a scientific colloquium at the Friedrich Schiller University in…
Apogee Enterprises Inc., a maker of glass products for the building and auto industries, on Wednesday posted higher third-quarter earnings and affirmed its outlook for the current and next fiscal years.