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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.
Central Glass Co. of Japan is tying up with Compagnie de Saint-Gobain of France to strengthen its global business of making glass for Japanese automakers.
Anchor Glass Container Corp., manufacturer of glass beverage containers, has filed for bankruptcy protection.The reorganization plan was filed Monday in the U.S.
Anchor Glass Container Corp. filed a prenegotiated reorganization plan designed to erase about $50 million of debt, and said all Series B preferred stock and common shares will be canceled.Anchor Glass expects to pay secured creditors and all trade…
Moody's Investors Service has changed the outlook of the Baa2 senior unsecured long-term debt ratings of Nippon Sheet Glass Co., Ltd.'s (NSG)to stable from positive.
As a part of strategy in Asian Region, Saint-Gobain Renforcement recently made an investment in China by forming a Joint Venture company with Xinxing Glass Fiber Plant Division of Hangzhou Glass Group Co.
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…
Asahi Glass Co., Ltd. announced that it has succeeded in using a high-transparency fluoropolymer, a leading candidate for next-next generation photolithographic semiconductor manufacturing using F2 (fluoride dimer) excimer lasers, as a photoresist…
Polycom, a worldwide leader in the convergence of interactive voice, video and data communications, announced that Owens-Illinois , the leading manufacturer of glass and plastics packaging products, with more than 140 locations around the world, is…
Glass-container maker Owens-Illinois Inc. said it will appeal the denial of its motion to dismiss a lawsuit filed by Murray Capital Management Inc., claiming the suit is without merit.
Iran, a country enjoying comparative advantage for production of glass, can emerge as a major exporter of the commodity in the Middle East, managing director of a glass industries production union Mohammad-Reza Rajabi said here Tuesday.
Atofina Chemicals suppliers of proprietary coatings systems to the glass container and flat glass industry presented the new Certincoat© Web Site.
Owens-Illinois, Inc.today announced that it intends to appeal the denial of its motion to dismiss by the Supreme Court of the State of New York in the matter of Murray Capital Management, Inc. vs.
The Board of Directors of Glaverbel S.A. met on Tuesday 8 January 2002 to formulate the opinion that it must give to the Banking and Finance Commission, concerning the public tender offer announced on 19 December by Asahi Glass for the Glaverbel S.
Owens-Illinois Inc. unit, Owens-Brockway Glass Container Inc. is expected to tap the corporate bond market with a $300 million debt issue, market sources said.
Asahi Glass Co Ltd president Shinya Ishizu said he expects a "huge" increase in profitability from the reorganisation of its worldwide glass operations including the planned buyout of its Glaverbel SA unit.
Asahi Glass Co., Ltd. ("AGC"; headquartered in Tokyo; president: Mr. Shinya Ishizu) decided to make a public tender offer to purchase all the ordinary shares held by public shareholders in its consolidated subsidiary, Glaverbel S.A. (…
Zhejiang Glass Company Limited, the largest privately owned flat glass manufacturer in Zhejiang Province and the fifth in the Chinese mainland, announced the issue of 170 million new H-shares in Hong Kong on November 28.
Vietnam's two largest glass producers are sitting on major stockpiles of unsold stock, despite strong protection from Government tariff and non-tariff measures.
A major glassworks in Central Asia in the town of Chuy-Tokmak (in the northern Kyrgyz Chuy Region) will be launched soon.
Owens-Illinois, Inc., today reported net earnings of $69.4 million, or $0.44 per share (diluted), for the third quarter of 2001.
Owens-Illinois, Inc., today 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 November 15 to holders of record as of November 1…
Owens-Illinois, Inc., today announced that it has completed its acquisition of the Canadian glass container assets of Consumers Packaging Inc. for Cdn. $230 million (approximately US$150 million).