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THE ASAHI GLASS CO. and the MITSUBISHI ELECTRIC CORP. (TSE:6503) said Tuesday that they will sell their stakes in struggling LCD panel joint venture OPTREX CORP. to an investment fund for a total of Y10 million ($US87,438.71). * In February, Optrex…
With effect from April 2007, NSG established an integrated global Flat Glass business, covering all of the Group's Building Products and Automotive operations worldwide.
As already announced on September 12, 2007, Asahi Glass Co., Ltd. completed to divest the glass wool and industrial materials operations from Asahi Fiber Glass Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Akira Kitsunezuka) and…
Asahi Glass Co., Ltd. (the “Company”) has revised the outlook of consolidated operating results announced on October 31, 2007, for the fiscal year 2007 (January 1 through December 31, 2007), as described here.
Following the recommendation of the Nominating Committee, and approval at the Meeting of the Board of Directors that was held today, Asahi Glass announced a set of changes in the members of the Board of Directors and Executive Officers as…
Serbian Deputy Prime Minister Bozidar Djelic stated that the Japanese company Asahi Glass, the second largest glass company in the world, could invest €120 million in Serbia.
Nippon Sheet Glass and Asahi Glass rose in Tokyo trading after the two largest Asian glassmakers were fined a smaller-than-expected €205 million, or $304 million, by the European Union for price-fixing.
Asahi Glass Co. said Tuesday that it has raised its equity stake in Hankuk Electric Glass Co. of South Korea to 51.47 pct from 42.76 pct through a tender offer.
The world's four biggest float glass manufacturers have been fined by the European Commission a total of 486 million euros for running an illegal price fixing cartel.
Asahi Glass Co., Ltd. confirms that, on November 28, 2007, its European subsidiary AGC Flat Glass Europe SA (formerly Glaverbel) and Asahi Glass received a decision from the European Commission concerning anticompetitive behavior in the flat glass…
Asahi Glass Co., Ltd. (“AGC”) is pleased to announce the results of tender offer for the stocks of Hankuk Electric Glass Co., Ltd., which was started on November 2 and completed on November 21, 2007, based on the decision at the meeting of its…
Good morning ladies and gentlemen, I would like to talk to you today concerning an antitrust decision just adopted by the Commission.
In view of the strong growth trends in Middle Eastern markets, Saint-Gobain’s Flat Glass Sector has decided to expand its presence in the region with the construction of a float glass production line in Egypt.
Announced it has bought the China Southern Glass (CSG) Automotive Glass Division. XINYI is a leading automotive glass, float glass, architectural glass and solar glass manufacturer in china, the 100% shares deal was done by a payment of 237million…
West Virginia has an abundance of natural resources that make it ideal for many industries, including the glass industry.
Although the Tree Valley Park development project headed by the Chi Mei Group recently passed a final environmental assessment under certain conditions, Asahi Glass Fine Techno Taiwan (AFT), a wholly-owned subsidiary of Japan-based Asahi Glass, said…
Glass manufacturer PG Group opened an R800-million float glass manufacturing facility at its manufacturing division, PFG Glass, situated in Springs, Gauteng, last week, and intends to invest a further R400-million in glass manufacturing facilities…
Following the recommendation of the Nominating Committee and approval at the Meeting of the Board of Directors that was held today, Asahi Glass announced the creations of Chairman & CEO, President & COO, and the change of President as…
Asahi Glass Co., Ltd. (the “Company”) has decided to liquidate its subsidiary, as described below.1.
Asahi Glass Co., Ltd. (“AGC”) has announced the decision at the meeting of its Board of Directors on October 31, 2007 to acquire the stocks of Hankuk Electric Glass Co., Ltd. by way of a tender offer as described below.1.
Business review of the third quarter of 2007 (Nine-month period) During the third quarter of 2007 (nine-month period from January 1 through September 30, 2007), the Japanese economy remained steady backed by an increase in capital expenditure and…
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.
With the opening of this French institution for architecture, AGC Flat Glass Europe – formerly Glaverbel – has, to quote the institution's President François de Mazières, established itself as the "glass partner for the City of…
When the AGC (Asahi Glass Company) Flat Glass Europe group – formerly known as Glaverbel – exhibits at Batimat 2007, it will be assisted by the very latest skills and techniques.
Investors with a two-three year perspective can retain their exposure in Asahi India Glass. At the current market price of Rs 109, the stock trades at around 36 times its trailing 12 months earnings.