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The Glaverbel Group closed its financial year 2001 with record performances, confirming the correctness of the strategy which the Group has followed for the past 10 years, namely profitable growth through geographical diversification and increased…
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.
In 1997, Thailand legislated the use of laminated glass for facades in buildings over 23 m in height, when the total internal area is over 10,000 m2, or if the building is over 15 m in height and the total internal area is greater than 1,000 m2.
Tamglass new technology concept ProConvection, which was launched at Vitrum, has attracted wide interest. The company has already received several orders for the new flat tempering furnace, designed especially for tempering coated glass.
Demand for flat glass in the United States is forecast to rise three percent per year to almost seven billion square feet in 2005, valued at $9.1 billion.
The glazing industry of the 21st century uses these days increasingly float glass integrated with special coating materials.
Over the last three trading days, the Glaverbel share price has increased to over 145 euro per share, with abnormally high trading volumes.
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.
On reaching the age of 68 the director and managing partner Mr. Hans Eberspcher is retiring. He has been at the head of the com-pany since 1965.
Glaverbel SA said the Belgian Banking and Finance Commission has extended until Jan 15 the deadline for the Glaverbel board to give its view on Asahi Glass Co Ltd's offer to buy out the shares it does not own in the company.
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. (…
Tamglass Group has agreed new automotive glass machinery orders for over 9 million euros. The agreements have been signed during October and November.
The Glaverbel Group is investing in a new coater* at its Lodelinsart plant in Belgium (Charleroi). This new system will upgrade production of coated solar control glass, sold to large construction projects around the world.
A major glassworks in Central Asia in the town of Chuy-Tokmak (in the northern Kyrgyz Chuy Region) will be launched soon.
Dr. Leopold von Heimendahl, Chairman of the Board of Management of Schott Glas, Mainz, has been elected to serve for a further two years as President of the Bundesverband der Glasindustrie, known as BV Glas for short or Federal Glass Industry…
Recently a major success for FBSprofilati was the launch of the latest addition to its range of Georgian bars FB 2051.
This year Lenhardt presented for the first time at Vitrum the world renowned, most advanced and flexible insulating glass production system - the TPS -Line.
Batimat 2001 is also an opportunity for Glaverbel to highlight its relationship with visitors, and to combine its technical skills, innovative expertise and creative glass-making methods in a spectacular display on its stand.
British glassmaker Pilkington Plc reported a 13 percent rise in first-half profits on Thursday that beat market forecasts but said it expected tougher trading conditions in the second half.Pre-tax profits before exceptionals rose to 115 million…
The P&C clothes store in the German city of Dsseldorf is one of the largest projects ever taken on by Tambest.
The slowdown in the economy put a brake on the Group's growth during the third quarter. The weaker economy resulted in a fall in demand for clear raw glass, without however affecting price levels.
Interglas Technologies AG, the German glass and carbon fibre manufacturer, is feeling the effects of the slump in the construction industry.