Volume 37, Issue 4, April 2002
Guangzhous Inner Ring Road May Get Sound- and Shock-Resistant Windows
The Chinese city of Guangzhou may invest 23 million yuan to erect 47,000 square meters (1/5 of a square mile) of glass in windows along Inner Ring Road.
According to a news release, since 1996 the Inner Ring Road project has enacted the Environmental Action Plan to meet requirements of the World Bank, which include sound- and shock-resistant materials.
According to the plan, there are nearly 30 noise-sensitive areas, including the first row of residences along Inner Ring Road, as well some companies, that would require the sound-resistant glass. According to the release, the noise-detecting results along the road currently were about 71-72 decibels, and the new windows are expected to reduce this to about 25-30 decibels. Cost of the windows per meter is approximately 450-500 yuan, stated the release, and the total would reach 23 million yuan.
ICD Expands European Spandrel Market
Vancouver, Wash.-based ICD has announced the start of a European expansion with its affiliate company, ICD Europe Activities SL. ICD Europe, which is located in Cordoba, Spain, will service and market OPACI-COAT-300® glass spandrel coating.
OPACI-COAT-300 has grown to be a formidable alternative in the spandrel market, said Larry Vockler, president of ICD USA. Silicone as an alternative has exhibited excellent longevity and performance. We are very excited to have a European center for business expansion.
Inversiones Float Modifies Vidrios Lirquen Shareholdings
Inversiones Float Chile, the parent company of flat and auto glass producers Vidrios Lirquen, has announced it has modified its shareholdings. According to news reports, Vidriera Argentina has been replaced as shareholder by Pilkington Nederland with 51 percent and Saint Gobain Cristaleria with 49 percen
Until September of last year, Inversiones Float Chile controlled a 51.5-percent stake in Vidrios Lirquen, while the Chilean group Pathfinder controlled a 36.6-percent stake.
Armor USAs Security Glazing Qualified by Israeli Government
Security glazing products by Dallas-based Armor USA have been qualified as durable for use by the Israeli government and will be used in one of Israels new embassies, according to a company release.
The qualified products include forced-entry-glazing products that meet the Department of State Standard DOS-DS-01.01 Revision G and bullet-resistant glazing products, which meet British Standard BS5051.
Brazilian Safety Glass Machine Market Fares Well for Tamglass
Finland-based Tamglass says the Brazilian plant it helped open in 2000 is off to a strong start, and the demand for glass-tempering furnaces there has exceeded its expectations. The first machines have already been delivered from the plant, which celebrated with an opening ceremony this past September.
The first Brazilian FTF-2136 horizontal tempering furnace was installed at Tempervidros Ltda. in the city of Contagem. It now runs three shifts a day manufacturing building glass products.
Tamglass also announced that Pilkington has purchased three of its latest tempering furnaces for its United Kingdom and Australia facilities.
Tamglass says the furnaces will allow Pilkington to process and supply a wide range of products while maintaining flexibility and speed.
Nigerian Glass Industry Remains in Flux
After having been abandoned and in a dormant state for more than 22 years, Gov. James Ibori of Delta State in Nigeria declared the Bendel Glass Industry offered nothing to sell in the industry and therefore nothing to revitalize, reported a news release.
The committee of privatization has looked at this factory. That factory had been abandoned for more than 22 years. And even if you have any technology there, the technology will be obsolete, Ibori said.
However, Oluwa Glass Industry, also in Nigeria in the Igbokoda area of Ondo State, received more than 600 million naira ($5.5 million USD) from its state government to revitalize operations.
Chief Bode Sunmonu, chairperson of the board of directors of the company, praised the state government for its determination to make the company functional, and said the companys reactivation would not have been possible if it hadnt been for its donation. According to Sunmonu, more than 200 workers have been called back to work and efforts have been made to recruit more personnel.
We will not allow the company to go down again, not with the more than 600 million naira spent in bringing the company back to life, said Sunmonu. State governor chief Adebayo Adefarati said it was his administrations goal to reactivate the industry for the benefit of the people.
Zhejiang Glass Plans Upgrades and Expansions
Zhejiang Glass of China has announced it plans to refurbish its production facilities and set up a joint venture for six processed glass production lines.
According to information from the company, Zhejiang Glass has become the first private enterprise listed in Hong Kong as an H share. The company says it is planning to use the bulk of the proceeds from its initial public offering to upgrade its facilities, producing higher-end glass products. Zhejiang says it is hoping to raise between $357 million HK (about $45,773,349 USD) and HK$476 million (approximately $61,031,130 USD).
Funds raised will primarily be used to develop processed glass products, said Feng Guangcheng, founder and chairman of Zhejiang Glass.
According to a news release, the Chinese government has been encouraging Chinas glass manufacturers, which produce 28 percent of the worlds flat glass, to begin producing high-quality float glass to substitute for imported glass. The State Economic and Trade Commission has also ordered state-owned commercial banks to stop lending money to float-glass projects that produce low-quality glass, the release said.
Following government orders, Zhejiang Glass plans to invest more than 300 million yuan (approximately $36,245,892 USD) from its initial public offering to build six new processed glass production lines to augment its two unprocessed glass production lines. The company says 49 million yuan (approximately $5,920,162 USD) will be invested into five lines that will produce safety glass, insulating glass, coated glass, mirror and wired glass. The sixth line, costing 100 million yuan (approximately $12,081,964 USD), will be used as a joint venture with Dynamic Goal Worldwide to produce patterned glass.
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