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The local glass manufacturing industry is under heavy siege with the surge of glass products imported from China, Indonesia, Thailand, Singapore, Taiwan, India and Korea.
Corning to shut CRT glass plant Corning Inc. has announced plans to close its television glass joint venture with Japan's Asahi Glass Co.
Japan-based Asahi Glass Co. Ltd. has announced that it will move part of its production line in the Philippines to Thailand as a way of rationalizing its regional operations.
The shareholders of Asahi India Glass Ltd (AIGL) and Floatglass India Ltd (FIL) have approved the merger of the two companies, according to a AIGL release.
Asahi Glass Philippines, the local unit of Japanese glass maker Asahi Glass Co. Ltd. (J.AHG or 5201) said Thursday it will phase out its Philippines automotive glass operations this year, but may recall that decision if domestic car sales improve.
Standard & Poor's Corp (S&P) said Thursday it has revised the outlook on the long-term corporate credit rating on Asahi Glass Co, one of the world's largest flat-glass makers, to negative from stable.
The squeeze-out offer of Asahi Glass Co., Ltd., for the remaining Glaverbel shares closed on 16 December. Asahi Glass thus fully holds 100 percent of the capital of Glaverbel. 34,552 shares and 175 bonds were tendered.
Asahi Glass Co. Ltd. (J.AHG) said Wednesday that it has gained full control of Belgium's Glaverbel SA (B.GLA) following a squeeze-out offer.
Asahi Glass Company Ltd said it will launch a bid for all the remaining shares of Glaverbel SA at 140.86 eur per share. The company said the Belgian Banking and Finance Commission approved the operation, which it said will run from Dec 3-16.
The collaboration between Curvet Spa from Pesaro, an unrivalled market leader in its sector which for the last 25 years has specialised in manufacturing safety glass and curved glass, and Bekaert ECD Solar Systems LLC , the only manufacturer of…
Asahi Glass Co., Ltd (J.AHG), which currently holds 99.08% of the share capital of Glaverbel (GLAB.BRU), announced today that it is launching a public squeeze-out bid for the 65,434 shares (i.e. 0.92% of the share capital) it does not already hold.
Asahi Glass Co., Ltd (J.AHG) announced today that it has increased its direct and indirect shareholding in Glaverbel (GLAB.
Asahi Glass Co Ltd is confident it will obtain the 95 pct of Glaverbel which would enable it to launch a squeeze out operation to obtain the remaining shares, sources close to Glaverbel and Asahi said.
Japan's largest glass maker, Asahi Glass Co. Ltd, announced Friday it will launch a $415 million public tender next week for the 35 percent of Belgian glass maker Glaverbel SA it doesn't already own.
Japan's largest glass maker, Asahi Glass Co. Ltd, announced Friday it will launch a $415 million public tender next week for the 35 percent of Belgian glass maker Glaverbel SA it doesn't already own.
Guardian Industries Corp., a leading manufacturer of high performance coated glass for the commercial construction industry, announced the availability of three new coatings in its Sun-Guard(R) Series: Sun-Guard Pewter-30, Sun-Guard Platinum-23, and…
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).
Grupo Vitro, Mexico's largest glass manufacturer, has assured that the volatility in gas prices for industrial use will not affect its operations.
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.
Asahi Glass Co., Ltd (Head Office: Tokyo, President: Shinya Ishizu) and its affiliated company, Asahi Techno Glass Corporation (Head Office: Funabashi, Chiba, President: Masayuki Katsumata) is consolidating its 'Glass Frit Paste'…
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.
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…