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In spite of the weakness of the world economy and negative influences from industry the Schott Group anticipates sales of 2 billion euros in the current fiscal year (to Sept. 30, 2002).
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.
Grupo Vitro, Mexico's largest glass manufacturer, has assured that the volatility in gas prices for industrial use will not affect its operations.
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.
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.
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.
The first phase of the project will center on 35 Agrarian Reform Communities (ARCs) in the Mindanao region of the Philippines.