Central Glass to Disband PDP Glass JV in S. Korea

Central Glass Co. said it will liquidate a South Korean joint venture that makes glass substrates for plasma display panels.

The major Japanese glass maker decided on the move because of the low-profitability of the joint company, Display Glass Alliance.

Display Glass Alliance, capitalized at 10 billion won, was set up in June 2005. Central Glass owns 40 pct of the company, and South Korea's Hankuk Glass Industries and France's Saint-Goba each own 30 pct.

600450 Central Glass to Disband PDP Glass JV in S. Korea glassonweb.com

See more news about:

Others also read

To create a new future of glass, NSG Group looks forward to working with you for the next 100 years.
NSG Group announced that its Metashine®-printed glass was selected for train-side passenger window of Seibu Railway’s new express train “Laview,” which is scheduled to begin operation in March 2019.
From September 23 to 26, ICG Annual Meeting 2018 and 59th Meeting on the Glass and Photonic Materials were held in Yokohama, Japan.
Increased Production Capacity of Interlayer Film for Laminated Glass and Raw Material Resin in Europe.
More and more glass building wall appear in our modern city, especially in busy areas. The more buildings, the more creative designs. Passersby are easily absorbed by those creative buildings. That’s why advertising has higher value in central area.
AGC Asahi Glass announces that it has started the construction of a net zero-energy building (ZEB*1) at its Kashima Plant.

Add new comment