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| Dubai: Emirates Glass, one of the leading processors of architectural flat glass in the Middle East, has reported a 106 per cent increase in its net profit for 2007 compared to the previous year, as well as a total of 30 per cent increase in overall productivity.
| Edgetech I.G., a single-source solution provider for the insulating glass (IG) industry, is happy to promote Brian Kress as its new commercial technical specialist.
| Nippon Sheet Glass Co. (NSG) said on Thursday it would aim to cut the number of managers in Japan to help pay down debt taken on for its $4 billion acquisition of British glassmaker Pilkington in 2006 by implementing an "Enhanced Early Retirement Plan." The Board of NSG also decided to begin a formal review of the company's Articles of Incorporation with the intention of converting from a company with a board with statutory auditors into a company with committees.
| CLEVELAND--(BUSINESS WIRE)--Feb. 18, 2008--Ferro Corporation (NYSE: FOE) announced today that it will conduct a conference call on Friday, February 29, at 1:00 p.m.
| Ferro Corporation (NYSE: FOE) announced today revised 2007 fourth quarter earnings estimates and a likely non-cash charge for goodwill impairment.
| Nippon Electric Glass Co (5214.T: Quote, Profile, Research) on Monday lifted its annual profit forecast and said it would raise up to 31 billion yen ($291 million) in a share issue to ramp up output of glass used to make flat-panel displays.
| Solar Innovations broke ground in January on a $9.7-million manufacturing plant in Pine Grove, Penn. The producer of sloped overhead glazing products, skylights, folding glass doors, curtain wall, conservatories and a host of other related products expects to expand its 91-person workforce by another 48 positions.
| Glaston's Board of Directors has decided on the corporation's strategy and financial objectives. Glaston operates in growing markets, and its greatest growth potential lies in architectural glass, with an annual growth rate estimated at 6 to 8 per cent.
| Owens-Illinois, Inc. announced that its Board of Directors has declared the quarterly dividend of $0.59375 on each share of the Company's $2.375 Convertible Preferred Stock, payable on February 15 to holders of record as of February 1.
| In an effort to blend strong leaders with top-of-the-line products and services, Edgetech I.G. has appointed a new technical project manager, Nicholas Robinson.
| The Spokeswoman of Float Glass Manufacturer Saint-Gobain saind that the company will not change its provision level after being fined by EU for price-fixing.
| Acciona Solar, a subsidiary of Acciona Energy that works in the field of solar technologies, has been awarded the European Solar Prize 2007 by the European Association for Renewable Energy (Eurosolar) for its contribution and work in the development and promotion of renewable energy plants that take advantage of solar energy.
| Fitch Ratings affirmed Compagnie de Saint-Gobain's long-term issuer default and senior unsecured ratings at 'A-' and short-term IDR at 'F2' following the announcement that the French glassmaker was fined 133.9 mln eur by the European Commission for price fixing.
| People from Austria enjoy living in harmony with nature, particularly those who live in the region known as Styria, the green heart of the alpine republic.
| Applied Materials, Inc. reported results for its fiscal year and fourth quarter ended October 28, 2007. Fiscal 2007 net sales were a record $9.73 billion, a 6 percent increase from $9.17 billion for fiscal 2006.
| China Architectural Engineering, Inc., which specializes in the design, engineering, fabrication and installation of high-end curtain wall systems, announced that it will announce its Fiscal 2007 third quarter and nine months financial results before the market opens on Wednesday, November 14, 2007.
| Friday, Asahi India Glass said that the standalone net profit for the second quarter ended September 30, 2007 declined 63% to Rs. 5.55 crores from Rs. 14.82 crores in the same quarter last year.
| Corning Incorporated announced results for the third quarter of 2007. Third-Quarter Highlights - Sales reached $1.55 billion, up 21% year-over-year. - Earnings per share (both GAAP and non-GAAP) were $0.38, better than the company’s guidance of $0.34 to $0.37 and significantly better than last year. - Display Technologies’ glass volume increased 15% and Samsung Corning - Precision’s volume increased 14% compared to quarter two.
| Solutia Inc. manufacturer and provider of high-performance specialty materials and chemicals, today filed a consensual plan of reorganization that has the support of all major constituents in its Chapter 11 case.
| PPG Industries’ automotive refinish business introduced the exclusive SideView Window format, which provides an open window adjacent to each color chip, in its all-new 2008 Domestic Color Information Book.