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Nippon Sheet Glass Co expects to post a nearly fourfold rise in net profit of 30 bln yen for the year to March 2007, benefiting from contributions from UK glass maker, Pilkington PLC.
Asahi Glass Fine Techno Taiwan (AFT), a 100% owned subsidiary of Japan-based Asahi Glass, on April 7 broke ground for its third glass substrate plant in Taiwan.
Nippon Sheet Glass Co. announced Monday it agreed to acquire 80 percent of British glassmaker Pilkington plc in a strategy to expand its global production capacity.
Nippon Sheet Glass Co. said Monday that it will acquire the 80 percent stake it doesn't have of Britain's Pilkington PLC in a deal worth 358.5 billion yen (US$3 billion; euro2.6 billion).
Pilkington's chairman, Sir Nigel Rudd, stands to make £4.25m if, as expected, Japan's Nippon Sheet Glass returns with an agreed £2.2bn takeover offer this month.
Deutsche Bank hikes target price on Asahi Glass (5201.TO) to Y1,900 from Y1,470, affirms "buy" rating; analyst says downward revision to last FY group profit estimates due mainly to temporary factors; adds large profit growth expected this…
Nippon Sheet Glass Co. Ltd., creator of the Selfoc lens and a supplier of gradient index lenses, has partnered with Optical Zonu, a Van Nuys, Calif., manufacturer of fiber interface modules.
Japan's Nippon Sheet Glass is unlikely to agree to buy Pilkington Plc for several more weeks as it continues to plough through the glassmaker's books, sources familiar with the situation said.
PPG Industries has begun construction of a facility in Taiwan that will apply the company's electrocoat and dip-spin coatings to fasteners and small parts.
On 5 October, 2005, Corning Incorporated (NYSE:GLW) announced that its board of directors has approved an additional capital expenditure plan of $425 million for expansion of the new liquid crystal display (LCD) glass substrate manufacturing…
Analyst Lalita Gupta of Morgan Stanley maintains her "overweight" rating on Nippon Electric Glass (ticker: 5214).
Japan-based Dai Nippon Printing will invest 30 billion yen for its eighth generation (8G) color filter (CF) production line at its fab in Kita Kyushu, southwestern Japan.
Japan's largest glass maker Asahi Glass said on Thursday its affiliate will spend nearly six billion rupees ($140 mn) to build a new plant in India as the growing economy there sees a boom in construction and cars.
Asahi Glass Co. Ltd is expanding its electronics and energy materials operations on a full-scale basis as part of the medium-term management plan "JIKKO-2007." As part of the initiative, Asahi Glass decided to enter into the business of…
Asahi Glass announced on June 15 that it has decided to enter into the business of manufacturing and selling glass substrates for hard disks.The company will use high-strain point glass that enables the processing of glass substrates at higher…
Plansww Holding AG (PLANSEE) and Mitsubishi Materials Corporation (MMC) have reached a basic agreement by signing a Letter of Intent to merge their relevant business activities in the field of powder metallurgical (PM) products under a new joint…
Japan-based Asahi Glass, the worlds second largest TFT LCD glass substrate supplier, announced last week that its fifth-generation (5G) glass substrate plant at the Yunlin Base of the Central Taiwan Science Park (CTSP) has begun operation.
Global materials, equipment, and services provider, BOC Edwards, announced it has been selected to supply a majority of the vacuum pump systems for LG.Philips LCD Plant 7, currently under construction in Paju, Korea.
Asahi Glass Co., Ltd. resolved at the meeting of its Board of Directors on April 13, 2005, regarding the details of purchase options on new stock to be issued in accordance with the provisions of Article 280, Paragraphs 20 and 21 of the Commercial…
Nippon Electric Glass Co. Ltd. of Japan plans to invest over NT$10 billion (US$323.62 million at US$1: NT$33.8) to set up a glass furnace in central Taiwan, according to industry sources.
The Changhua Coastal Industrial Park (CCIP), one of the industrial parks in central Taiwan, is actively promoting its newly established special zone for glass processing, which is the first of its kind in Taiwan.
China reported a favorable tradebalance of 59.18 million US dollars of fiber glass during the first half of this year, the nation's first trade surplus in the material in more than a decade, according to customs in Chongqing in southwest part…
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.
The following stocks are on the move on Tuesday: Glass sheet maker Central Glass Co up 5.38 percent at 822 yen, a day after its annual results and outlook both beat the market consensus.
Shares in Pilkington surged in early trading Monday after a report that a smaller Japanese rival was considering a £1billion takeover bid.