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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.
The trend of using colored auto glass as a design element continued with the unveiling of two of GM's latest concept vehicles at the Chicago Auto Show on February 5th and 6th.
Glasstech, Inc., the Perrysburg Township firm that has claimed to be the world's leading maker of equipment for tempering and bending glass for the automotive industry, filed for bankruptcy for the second time in 10 years.
World demand for flat glass is forecast to rise more than 4 percent per year to nearly 4 billion square meters in 2004, with a market value of over $40 billion.
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.
Diamond Triumph Auto Glass, Inc. announces the appointments of Norman Harris as Chief Executive Officer and Michael Sumsky as President.
Over the last three trading days, the Glaverbel share price has increased to over 145 euro per share, with abnormally high trading volumes.
While dark glass on today's vehicles provides passenger privacy and symbolizes status, tomorrow's automotive designers see glass tops, spanning from the windshield across the roof to the back window, on luxury vehicles so that occupants…
Taylor Made Systems will preview its new self-cleaning glass technology for the marine industry."This is a major breakthrough in marine glass technology," said Mike Oathout, vice president, sales and marketing, for Taylor Made Systems.
One of the most anticipated events in the automotive year is the unveiling of concept vehicles at the North American International Auto Show in Detroit.
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.
The North American International Auto Show, opening to the global media on January 6, provides the ideal backdrop for the introduction of Vanceva(TM) Color, the latest innovation from Solutia Inc.
PPG Industries will present the second annual PPG Design Challenge Awards to students of Detroit's College for Creative Studies (CCS) on Wednesday, Jan. 9, at 2 p.m. at Cobo Center, Detroit, in Suite O2-33.
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.
Apogee Enterprises Inc., a maker of glass products for the building and auto industries, on Wednesday posted higher third-quarter earnings and affirmed its outlook for the current and next fiscal years.
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.
PPG Canada Inc. today received the decision of the Canada Customs and Revenue Agency (CCRA) to initiate a dumping investigation of automotive replacement glass (ARG) windshields from the People's Republic of China. "The Government of…
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. (…
Standardised safety glass will soon be compulsory for all vehicles, either made locally or imported, to ensure the safety of motorists by minimising the impact of broken windscreens.
Volkswagen, the German carmaker, has officially inaugurated its 187m-euro glass-structure car factory in Dresden. It is here that the new luxury limousine will be manufactured.
Belron International, holding company for the world's best known names in vehicle glass repair and replacement, including among others Autoglass; and Carglass; in the UK and across Europe, today announces that it has become the majority…
As designing with white and neutral colors becomes increasingly popular in today's architectural and interior designs, Solutia Inc. introduces "Cool Mist" interlayer for laminated glass -- the company's newest Vanceva(TM) Color…
Solutia Inc. today announced new strategic initiatives for the North American automotive market. The following is a quote from Richard J.