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Newly founded HEGLA boraident secures jobs and know-how in Halle (Saale)

As of 5 October, boraident, based in Saxony-Anhalt, Germany, has been taken over by the HEGLA Group. All company employees, services, consulting and ongoing projects will continue unchanged, as will...

Section: News Date: 2017-10-17 Mergers, acquisitions & disposals

Ferro reports strong second quarter results

Ferro generates fourth consecutive quarter of strong organic volume and sales growth, 13.6% increase in GAAP earnings, and record quarterly adjusted EPS; updates fiscal 2017 outlook.

Section: News Date: 2017-07-28 Company financial news

Allied Glass restructures debt

Allied Glass Containers boosted by a £75m debt restructuring deal

Section: News Date: 2017-04-28 Company financial news

Dow completes strategic ownership restructuring of Dow Corning Corporation

The Dow Chemical Company has announced the successful completion of the transaction to restructure the ownership of Dow Corning.

Section: News Date: 2016-06-03 Company news

Hindusthan National Glass to face court

Hindusthan National Glass and Industries, India’s largest glass bottle maker, is being taken to court over loan repayment delay by HSBC, despite other banks having agreed to its Corporate Debt R...

Section: News Date: 2015-09-17 Company financial news

DFI restructures as global growth accelerates

Officials from Diamon-Fusion International have announced a restructuring of the organization to provide even stronger levels of support to customers.

Section: News Date: 2015-07-23 Company news

SGD appoints CFO of pharma division

SGD’s new pharma division has Alain Comel as its CFO, who will be responsible for setting up the financial department, and will be part of the Executive Committee, also supporting growth strategy.

Section: News Date: 2015-06-12 People

PPG Industries reports 1 percent net sales increase in first quarter

PPG Industries growth is forecast to continue, aided by company cost and productivity initiatives and anticipated stronger global economic growth.

Section: News Date: 2015-04-27 Company financial news

EveryWare Global, Anchor Hocking parent company, to file bankruptcy

Anchor Hocking’s parent company, EveryWare Global, is to file for Chapter 11 bankruptcy and reorganize with secured lenders in a move to reduce long-term debt.

Section: News Date: 2015-04-09 Company financial news

Saint-Gobain: commitment to acquire Sika irrevocable

Saint-Gobain has described its commitment to acquire a controlling interest in Swiss specialty chemical company Sika AG as ‘irrevocable’. Sika’s management and board of directors continue to speak out...

Section: News Date: 2015-03-09 Mergers, acquisitions & disposals

Arc International announces agreement for investment plan

Arc International shareholders and creditors have signed an agreement with an investor group to provide new capital and support the company’s turnaround. The new capital will help finance the r...

Section: News Date: 2015-02-17 Company financial news

Global Business Analysts releases Global Automotive Glass and Modular Products report

The Global Automotive Glass and Modular Products report from Global Business Analysts includes competitive analysis, critical trends, restructuring and future implications, as well as key glazing and...

Section: News Date: 2015-01-27 Markets & trends

Libbey Inc. to host Investor Day; unveil strategy

Libbey’s Investor Day will be taking place in New York City at 8:30 a.m. EST on Friday, 23 January 2015, and will include presentations by key executives. The event will be webcast live beginning at 8...

Section: News Date: 2015-01-21 Company financial news

PHP puts forward takeover plan for Arc International

Arc International has received a takeover plan led by PHP, an American investment structure, along with two French specialists in business transformation. The EUR 60 million amount would help finance...

Section: News Date: 2015-01-16 Mergers, acquisitions & disposals

Investor wanted for mould manufacturer Schrader

Strategic investor sought for the glass mould maker undergoing corporate restructuring

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

Cold repair of Sangalli Vetro Manfredonia furnace

Manfredonia furnace will be cooled down in December for cold repair as part of a restructuring program aimed to strengthen the group’s industrial position.

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

SCHOTT plans restructuring of Duryea plant

Duryea, Pennsylvania facility will continue producing glass while select production lines are moved to Germany.

Section: News Date: 2014-11-10 Company news

Frigoglass integrates European manufacturing

Frigoglass is to integrate its Turkey-based manufacturing volume into its European flagship plant in Timisoara, Romania, and Frigoglass’ Silivri-based Turkish manufacturing plant will cease o...

Section: News Date: 2014-07-23 Company news

Osram shares fall; revenue to remain flat or increase moderately

Osram saw its share price fall, down 7.6% at EUR 37.01 in Frankfurt, valuing the company at EUR 3.9 billion and taking the decline to 9.7% this year. Revenue is expected to remain flat or increase...

Section: News Date: 2014-06-10 Company financial news

NSG reports annual figures close to predictions

Nippon Sheet Glass (NSG) has reported annual figures close to predictions. NSG said conditions in its major markets improved slightly, although activity levels in Europe remain at low levels, despite...

Section: News Date: 2014-05-22 Company financial news
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