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Finland's second largest independent glass processing firm has become part of the Pilkington Group.The acquisition of KP Lasi will give Pilkington Processing and Merchanting 15 per cent of the buoyant Finnish IGU market.
Despite the slump in the construction industry, PG Industries increased its net profit almost 50-fold in the six months to September.
Tyrolit Vincent’s forward-looking Research and Development structure has brought out a wide array of tools for all work on glass for the car industry, including diamond wheels, drills and complementary products.
Net consolidated sales of the Saint-Gobain Group for the first 9 months of 2001 were up 7.6% year-on-year (12.8% excluding Essilor), to EUR 22,932 million, from EUR 21,302 million for the same period of 2000.
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.