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Asahi Glass Co said Wednesday it chalked up a record-high group net profit of 78.29 billion yen on sales of 1,475.73 billion yen, also a record-high, in the business year to Dec 31, 2004.
Sono-Tek Corporation (OTC Bulletin Board: SOTK - News), the world's leader in ultrasonic spray nozzle technology, today announced the successful installation of its WideTrack glass coating system on a production line of a major float glass…
Asahi Glass Co said Thursday it will start producing automotive glass in Hungary in early 2006 to meet growing demand in central and eastern Europe.
Asahi Glass, a Japanese glassmaker, is expected to begin the construction of a glass factory for LCDs in Kumi as soon as August.
Asahi Glass Fine Techno, a Taiwanese subsidiary of Japan-based Asahi Glass, expects its fifth glass furnace to begin operations earlier than expected to meet demand from TFT LCD makers, according to the Chinese-language Commercial Times.
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.
The boards of leading automotive glass makers Asahi India Glass and FloatGlass India (FGI) on Thursday approved the amalgamation of FGI with its parent company Asahi India subject to requisite approvals.
The board of Taiwan Glass Industrial Corp. (Q.TGI) has approved plans to invest US$30 million in a new plant in China's Guangdong province, the glass maker said Friday.
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 market value of fabricated glass (encompassing basic flat glass as well as all value-added products, such as laminated, tempered, insulating and mirrored glass) is forecast to increase 5.2 percent per year through 2006.
A spectacular new home in Hamilton, New Zealand, will feature a large Pilkington Planar glass system as its front 'wall'.
A western Pennsylvania town that once relied on a glass manufacturer for employment now believes the company is the key to luring new business there.
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.
Zhejiang Glass Co Ltd said it intends to use 100 mln yuan which was a part of net proceeds raised from its listing of H shares to invest in an ultra-thick float flat glass production line.
The Pilkington plc website, www.pilkington.com, has won a major award just four weeks after re-launch for best practice in investor relations.
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.
Netegrity, Inc., the leading provider of solutions for securely managing e-business relationships, today announced that Guardian Industries Corp. has selected Netegrity SiteMinder(R) product to secure access to several business applications across…