Latest News in Commercial Glass

  • With climate change high on the agenda, the Japanese hosts of the G-8 summit have worked hard to make the event as green as possible. The temporary, low-emissions press center was built with recycled and reusable material and has many green features: solar panels to generate power, louvers to limit radiant heat and skylights to maximize natural light, according to July 7 blog on MSNBC.com.
  • Sejal Architectural Glass received an encouraging response from investors, providing a listing gain of 13 percent on July 1. However, the weak market conditions have led to profit-booking in the stock, according to a July 7 article in The Economic Times.
  • A man was killed when two tons of laminated glass sheets fell onto him in Johannesburg on Monday morning, emergency officials said.Netcare 911 spokesperson Mark Stokoe said the accident happened while the man, in his mid-20s, was unloading 20 sheets of glass from a truck in Denver, according to a July 7 iol.co article.
  • Taylor Woodrow is nearing completion of the installation stage of the nine glass canopies on the Serpentine Gallery Pavilion, Frank Gehry's first project in England, according to a July 3 article from Building.
  • Demand for aluminum is outpacing demand, forcing prices up, according to a July 1 article from SeekingAlpha.com. Already-high aluminum prices could increase 33 percent in the next couple of years, according to the article.
  • A bipartisan group of nine U.S. senators are pushing for an energy summit after the Independence Day recess, according to a June 30 article from the Oil and Gas Journal. "Our country is in serious danger because of skyrocketing energy costs. This growing crisis demands urgent action and we must be committed to coming together in a bipartisan way to develop comprehensive energy legislation,...
  • Construction spending fell in May for the 11th time in the past year as a continuing slump in housing offset strength in nonresidential building. The Commerce Department reported Tuesday that construction spending dropped 0.4 percent in May, slightly less than had been expected. There was strength in spending on hotels and office buildings, according to a July 1 article in the Miami Herald.
  • The American Architectural Manufacturers Association, Schaumburg, Ill., released the AAMA Certification Program Bulletin 08-02 addressing the Florida product approval program validation requirements, according to a July 1 AAMA release. The Florida Building Commission requires validation for Florida product approval applications using the certified method.
  • Japan’s Nikkei 225 Stock Average fell for the 11th straight day July 3, according to a same-day Associated Press report. Glass, iron and steel companies have been hit the hardest, with Nippon Sheet Glass falling 4.84 percent, and Asahi Glass Co. falling 4.44 percent, according to the article.
  • Leading Japanese glassmaker Asahi Glass Co. will change its name to AGC in the future, company President Kazuhiko Ishimura said July 1. The company united its group brands under AGC last September on the occasion of its 100th anniversary, according to a July 2 article from TradingMarkets.com.
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What's Hot

  • Officials from Saint-Gobain announced it acquired a controlling interest in Sika for $2.8 billion. Saint-Gobain purchased the controlling share—16.1 percent of Sika’s capital and 52.4 percent of its voting rights— in a confidential auction process from the Burkard-Schenker family, which owns the majority stake in Sika, according to a Dec. 8 Reuters report.“Given the proximity of Sika’s activities...
  • Trulite Glass & Aluminum Solutions LLC has finalized its acquisition of Houston-based Texas Tempered Glass Inc., a producer of high performance glass products for architectural, industrial, commercial and custom applications, as of Nov. 19, 2014. Financial terms of the private transaction were not disclosed.With the completion of this transaction, Trulite will expand its presence in the Texas...
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