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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.
GlassTech Asia 2005, which opened on 30 November at Challenger Hall 3 of IMPACT, has on first show day generated orders totaling US$6 million (250 million baht) from both Thai and international buyers.
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.
Glassrobots Finland delivers a flat laminated safety glass processing line to Vietnam. This is the first line of its kind in the country.
Vietnam's two largest glass producers are sitting on major stockpiles of unsold stock, despite strong protection from Government tariff and non-tariff measures.
Japan's Nippon Sheet Glass doubled its Pilkington stake to around 20 percent, in a move to expand its global reach.Pilkington Chief Executive Paolo Scaroni said he felt NSG would not raise its stake beyond that level.
British glassmaker Pilkington Plc's chief executive Paolo Scaroni said that he did not think Japanese glassmaker Nippon Sheet Glass Co Ltd would raise its stake in the company.
Nippon Sheet Glass, a large Japanese manufacturer, has increased its holding in Pilkington, the UK glass group, from 10 to 21 per cent over the past fortnight, but has ruled out mounting a full bid.