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O-I sells rights to Venezuelan award

O-I has sold the rights to a USD 500-million arbitration award against the Venezuelan government to an unnamed Irish investment fund that was granted through the World Bank’s International Centre for ...

Section: News Date: 2017-08-23 Legal news

O-I: Update on arbitration against Venezuela

Owens-Illinois, Inc. has announced that the annulment committee formed by the World Bank's International Centre for Settlement of Investment Disputes ("ICSID") ruled that a subsidiary of the Company...

Section: News Date: 2016-04-08 Company news

Venezuela motion in Owens-Illinois case dismissed by arbitration group

Venezuela request to disqualify the majority of the arbitrators was denied.

Section: News Date: 2015-06-23 Legal news

Corning: final asbestos settlement delayed

An appeal is delaying the close of a USD 290 million asbestos settlement by Corning. The settlement involves the 11,800 lawsuits for damages from Pittsburgh Corning Corp. products.

Section: News Date: 2015-05-28 Legal news

C.R. Laurence reaches settlement on False Claims Act action

C.R. Laurence has announced that it has reached a settlement with the US Department of Justice and US Customs & Border Protection in a False Claims Act action. The company denies “…engaging in any of ...

Section: News Date: 2015-02-19 Legal news

Ardagh pays off debts

Ardagh has announced that the money raised from the recent sale of Anchor Glass has been used to pay off a part of its EUR 3 billion debt. The company is working on refinancing part of those...

Section: News Date: 2014-09-11 Company financial news

Carl Zeiss Meditec and PhysIOL settle legal dispute

Carl Zeiss Meditec and PhysIOL have, as per a settlement agreement, agreed to permit the unrestricted distribution of products from the FINEVISION line (PhysIOL SA) and AT LISA tri line (Carl Zeiss...

Section: News Date: 2014-09-02 Legal news

Ardagh’s application to sell glass plants and assets approved

The US Federal Trade Commission has approved a final order settling charges that Ardagh Group SA’s USD 1.7 billion proposed acquisition of Saint-Gobain Container would harm competition in the markets ...

Section: News Date: 2014-06-24 Company news

Corning Museum of Glass: Rakow Grant for Glass Research supports two international researchers

The Corning Museum of Glass has announced that the 2014 Rakow Grant for Glass Research will go to Alessandro Sebastiani, a Marie Curie Intra-European Fellow in the Department of Archaeology at the...

Section: News Date: 2014-04-25 Art & culture

Libbey: expiration of early tender period, receipt of requisite consents, consent solicitation for...

Libbey Inc. announced the expiration date had occurred for holders to tender Notes and deliver consents and receive the total consideration pursuant to the Offer with regards to the previously...

Section: News Date: 2014-04-01 Company financial news

Vitro reports 4Q and FY 2013 unaudited results

Vitro has reported its unaudited results for the fourth quarter 2013 and fiscal year 2013, also concluding the insolvency process started on 17 November 2010 without affecting its customers.

Section: News Date: 2014-03-13 Company financial news

Ardagh: Verallia acquisition closure date extended

According to a recent announcement from Ardagh, the closing date regarding its acquisition of Verallia North America has been extended until 30 April to enable the settlement negotiations with the...

Section: News Date: 2014-01-20 Mergers, acquisitions & disposals

XPAR VISION and TIAMA - MSC&SGCC agree to settle legal actions

A recent announcement from TIAMA - MSG&SGCC regards the settlement between the two companies on the TIAMA - MSG&SGCC I-care system.

Section: News Date: 2013-12-02 Legal news

Taiwan: solar manufacturers hope for higher EU anti-dumping tariffs on China-made PV modules

Taiwan-based crystalline silicon solar cell makers are hoping for higher EU anti-dumping tariff rates so that they can obtain increased orders from Europe.

Section: News Date: 2013-07-19 Photovoltaic glass

Egypt: Impact of construction and real estate sectors on glass

In this article we get an insider’s view of the present and near future situation of 
Egypt and its glass market. Growing population, government, domestic and international investments are being car...

Section: Article Date: 2013-06-20 Country outlook

Egypt: Impact of construction and real estate sectors on glass

In this article we get an insider’s view of the present and near future situation of Egypt and its glass market. Growing population, government, domestic and international investments are being c...

Section: Article Date: 2013-06-20 Country outlook

Trainor: Committee of Unsecured Creditors begins to settle preferential payment claims

The Committee of Unsecured Creditors appointed in the bankruptcy case of Trainor Glass has begun to settle some recently filed preferential payment claims. The committee had alleged that during the...

Section: News Date: 2013-06-03 Company financial news

PPG: Bankruptcy court confirms Pittsburgh Corning reorganization plan

The United States Bankruptcy Court for the Western District of Pennsylvania issued a revised opinion and final order confirming the current Pittsburgh Corning plan of reorganization. Under the terms...

Section: News Date: 2013-05-31 Company financial news

Krones achieves 2012 targets

With a rise in consolidated revenue of 7.4%, improvement in new orders of 8.2% year-on-year, and EBT up 31.2%, Krones increased all key financial performance indicators over the previous year as...

Section: News Date: 2013-04-04 Company financial news

Electro Scientific targets glass

Sharp drop in sales and orders for ESI, but CEO Nick Konidaris sees major opportunity in laser machining of Corning’s new “Concore” glass for smart phones.

Section: News Date: 2013-02-19 Company financial news
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