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THE
GL@ZINE ISSUE 87 26th August 2003
Pechiney
Rejects Alcan's
3.4bn Official Offer and Reports 'Satisfactory' Q2 Results.
Alcan
has formally submitted a bid for Pechiney which values it at Euro 3.4bn.
The Pechiney Board has said: 'besides the uncertain nature of the unsolicited
proposed offer by Alcan, the proposed price is grossly insufficient given
the company's industrial, technological and immaterial assets, and in
no way reflects its strategic value'.
[More
on this Story]
Pilkington
to Host Architectural Glass Forum at Glass Processing & Technology
Pilkington
has reaffirmed its commitment to Glass Processing & Technology (GP&T),
the new glass industry event taking place in November at the NEC, by confirming
its plans for a 154m2 stand, and using the event to introduce a radical
new approach that breaks with conventional exhibition strategies.
[More
on this Story]
Saint-Gobain
and Owens Corning to Build Joint Glass Reinforcement Facility in Mexico
Saint-Gobain
Reinforcement and Owens Corning announced recently that they will build
a joint glass reinforcement facility in Xicohténcatl, Tlaxcala,
Mexico, adjacent to Saint-Gobain Vetrotex Americas facility. This
unit will manufacture high quality products for the composites market.
Construction work began in early August
[More
on this Story]
Masco
Reports Record Second Quarter Sales and Earnings
Masco Corporation reported on August 6th that net sales
for the second quarter ended June 30th, 2003, aided by acquisitions, increased
20 percent to a record $2.8 billion, compared with $2.3 billion for the
second quarter of 2002
[More
on this Story]
HansenGlass'
Investment adds Screenprinting
Capacity
HansenGlass'
investment in the latest plant and machinery continues in August with
the installation of the largest fully automatic screenprint and paint
roller coating machine in the UK. Installation will commence at the end
of August with the new plant fully commissioned and operational by early
September
[More
on this Story]
Phoenix
Door Panels is on the Move
Phoenix
Door Panels Ltd, the Cambridgeshire based K2 fabricator, has recently
undergone major expansion plans.
[More
on this Story]
K2
Fabricator Chooses Sky-Vent
Plastics
Stockholder Ltd a K2 fabricator in Wolverhampton has become a recognised
Sky-Vent distributor
[More
on this Story]
Simec Cuts a Path Through Worldwide Glass Market, and Focuses
on UK
Italian
machinery specialist Simec has delivered its glass processing equipment
to major companies throughout the world in recent months. Now, since signing
a deal with the Thermoseal Group at the end of 2002, the UK is likely
to be the next flag on the map for an installation of Simec machinery.
[More
on this Story]
First
Time Taster Offer for Uzone from Ultraframe
lnstallers
anxious to try the Uzone from Ultraframe - the roof system designed
to unlock the mass market element of a £40 billion conservatory
business opportunity - should hurry to take advantage of a 'first time
taster' half-price promotion from the company.
[More
on this Story]
Evergreen
Invests in New Site and Machinery
Evergreen
Door, the composite door component supplier, has opened a second site
in Leeds to improve customer service and accommodate the growth of its
fibreglass door range.
[More
on this Story]
Posh
and Brecks Sign for Quantal!
Real
Madrid may have secured Mr Beckham, but Quantal has signed an exclusive
two-year contract with both Posh and Brecks, (Breckenridge),
which will result in business anticipated at well over £2 million.
[More
on this Story]
Pultec
is the New Black
Lindmans
Pultec, the new generation of window profile made from pultruded, glass
reinforced thermosetting resins, is the only material available in the
UK that can provide high performance for black window frames, the company
claims
[More
on this Story]
UKae
Offers Next Day Delivery Service for Georgian Conservatory Bends
UKae
has announced that fabrication and supply of its range of Georgian bend
profiles for conservatories will now be available to customers faster
than ever. The company has now introduced a next day delivery service
for Georgian conservatory bends to allow customers to fulfil short-notice
or rushed orders
[More
on this Story]
Timber
Windows can Overcome Durability Doubts
A
new British Woodworking Federation survey shows that awareness of the
benefits of timber windows continues to grow, with architects being increasingly
pro-timber. However, many volume housebuilders still opt for plastic,
despite increasing evidence of their shortcomings in terms of performance
and environmental impact
[More
on this Story]
Expanding
Seal of Success
A
large UK housing authority has relied on Fillcretes Airseal self-expanding,
joint filler/sealant to solve a number of major problems encountered when
replacing windows and doors during refurbishment of its housing
stock.
[More
on this Story]
Insolvencies
in the Second Quarter 2003
Statistics
showing insolvencies in the second quarter 2003 were published on 1st
August by the Department of Trade and Industry.
[More
on this Story]
New
Director to Strengthen OFT's Consumer Protection Team
Colin
Brown, currently Chairman of the Financial Services Consumer Panel, has
been appointed the new branch director of Co-regulation and Coordination
in OFT's Consumer Regulation Enforcement Division.
[More
on this Story]
Alcoa
Prepares for Shutdown of Intalco Smelter
Alcoa
announced on July 30th that it is preparing to temporarily curtail production
at its Ferndale, Washington ('Intalco') aluminum smelter on September
30th, 2003 because of an expected Bonneville Power Administration ('BPA')
rate increase, sharply increasing costs at the plant.
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on this Story]
THE
GL@ZINE ISSUE 86 19th August 2003
'Tailored
Roofing Systems Found Guilty of Breach of Contract in a Six-Figure Payout
to Ultraframe'
In a ruling recently, Tailored Roofing
Systems (TRS), fabricators of conservatory roofs, were found to be in
breach of contract and ordered to pay an initial £126,000, within
14 days, to the conservatory manufacturer, Ultraframe.
[More
on this Story]
Ultraframe
sues Eurocell for Patent and Design Right lnfringements Relating to Pinnacle
500
Legal
proceedings have been commenced by Ultraframe (UK) Limited against Eurocell
Building Plastics Ltd and Eurocell Profiles Ltd claiming an injunction
and damages concerning supplies of 'Pinnacle 500' roof system components.
[More
on this Story]
Eurocell
Responds
In
response to the above, Roger Hartshorn, Managing Director of Eurocell
said: 'This is not a new claim and we have been aware of this since January
[More
on this Story]
Ian
Stuart departs from Heywood Williams, and Group Trading Statement Predicts
First Half Losses
In
the light of a loss in the six month period ending 30th June 2003, an
expected shortfall in full year profits against current expectations,
and the resignation of the group's chief executive, Heywood Williams,
following its board meeting recently, issues a trading update ahead of
the formal announcement of the full interim results on 3rd September 2003.
[More
on this Story]
Pilkington
Sells Aerospace Division to GKN for £42m
Pilkington
plc has entered into an Agreement for the sale of the whole of the issued
share capital of Pilkington Aerospace Limited and Pilkington Aerospace
Inc. to GKN plc at a price of £42 million. The consideration will
be paid in cash. Pilkington Group Chief Executive, Stuart Chambers, said.
'This disposal is consistent with our strategy of concentrating on our
core Building Products and Automotive businesses and strengthens further
the Group's financial position.'
[More
on this Story]
Hunter
Douglas Acquires French Blindmakers Filtersun and Goeland
Hunter
Douglas has acquired Filtersun and Goeland from Arquati, an Italian company
listed on the Milan Stock Exchange. Terms were not disclosed. In May Hunter
Douglas acquired three blindmakers from Arquati in Sweden, Switzerland
and Spain, and last month acquired Timberblinds, a US manufacturer of
window coverings.
[More
on this Story]
Pilkington
AGM Statement Warns of Continuing Difficulties
At
the AGM of Pilkington plc, the Chairman, Sir Nigel Rudd, made the following
statement: 'As I said at the time of our results announcement in May,
last year we experienced some of the toughest trading conditions for many
years. However the improvement in our competitiveness following the restructuring
of recent years meant that we were still able to produce respectable results.
Operating profits fell by 9%, but our increased emphasis on cash generation
enabled Pilkington to deliver its strongest cash performance for a decade
[More
on this Story]
Anticipated
Acquisition by GKN plc of the Aerospace Division of Pilkington plc
The
Office of Fair Trading is considering whether arrangements are in progress
or in contemplation which, if carried into effect, will result in the
creation of a relevant merger situation under the merger provisions of
the Enterprise Act 2002.
[More
on this Story]
illbruck
Acquires Alfas Group Share Capital
illbruck
Building Systems GmbH of Leverkusen, Germany, through a UK subsidiary
has acquired the entire issued share capital of Alfas Group Limited, the
Tyneside and Leicester based manufacturer of sealants, adhesives, security
glazing tapes and movement joints. The deal, which was signed in London
on 31st July, follows a long term and highly successful co-operation between
Alfas Group and illbruck in the UK through a joint venture company, Compriband
Limited.
[More
on this Story]
Saint
Gobain Group Slips in First Half due to Exchange Rate Losses
Saint-Gobain
Group consolidated net income for the first half of 2003 amounted to EUR
470 million, a decrease of 5.6% on the same period of 2002. Net income
before profits and losses on sales of non-current assets came to EUR 471
million, down 8.5% on the year-earlier period.
[More
on this Story]
Tender:
Supply of Window Ventilators and Door Infill Panels - Barnsley Metropolitan
Council
Barnsley
Metropolitan Borough Council Housing and Property Services Directorate
Tender for the Supply of Ventilators for PVCu Windows - Ref PC/03/13;
PVCu Door and Window Infill Panels - Ref PC/03/12.
[More
on this Story]
Visitor
Registration Hotline Now Open for GP&T 2003
The
Visitor Registration Hotline has now opened for The Glass Processing &
Technology Exhibition (GP&T), the new exhibition and conference created
for UK glass professionals, set to take place at the NEC this November
(11th 13th November 2003 inclusive)
[More
on this Story]
Laird
Group Pre-Tax Profits up 24% for First Half
Laird
Group Chairman, Nigel Keen, commenting on the results, said: 'Laird has
continued to make good progress in the first half of 2003. Further improvements
in operating performance this year, together with the divestment of loss
making businesses in 2002, have resulted in profits before tax, exceptional
items and goodwill amortisation increasing by 24% to £16.9 million,
or by 35% had exchange rates remained constant'.
[More
on this Story]
Rogerson
Teams up with DJ Glass Consultants
Wayne
Rogerson, formerly a business development manager at the BSI, has set
up his own company Fenestration Consultancy Solutions - to work
with DJ Glass Consultants Ltd (DJGC). The demand for the EN 1279 consultancy
services of DJGC since Dave Frost established the business in September
2001 has become overwhelming and Wayne is taking on all business in northern
England and Scotland
[More
on this Story]
Eurocell
Launches New Off the Peg Conservatory Roof Offer
Last
year Eurocell, of Alfreton Derbyshire, launched its Pinnacle Conservatory
Roofing System as well as introducing the Pinnacle 500 Modular system;
complementing the company's range of window and door systems and array
of Building Plastics.
[More
on this Story]
A
Further £250,000 Extrusion Investment
A
quarter of a million pounds has recently been invested by PVCu profile
extruder Status to contribute towards the company's drive in quality and
efficiency. Three lines have been installed with a combined output of
250 kgs of profile per hour..
[More
on this Story]
Business
is Booming for Boisse as it gets Trim
Business
is booming in Dorset for Veka installer Boisse Windows Ltd which has decided
to give sales a helping hand by opening up a trim shop. Boisse Windows
Ltd based in Weymouth is owned by Michael Boisse who has glazing in his
blood his grandfather, father and brother were all in the trade
- so it was only fitting that he would follow in their footsteps.
[More
on this Story]
New
Dedicated Wood Grain Production Line
Production
of all Planets wood grain products got under way at the recently
extended 12,000 square foot Bamber Bridge factory earlier this year. Two
new 8 Series SOMACO computer controlled welders (one four head and one
three head) have been installed, together with a new URBAN SV 530 corner
cleaner.
[More
on this Story]
CPA
to Advise on Building Regs
The
Construction Products Association (CPA) has been asked by the Office of
the Deputy Prime Minister (ODPM) to select members for an advisory group
that will look at how Part L of the Building Regs can drive energy efficiencies
forward.
[More
on this Story]
UK
First for Metal Technology's New Machine
An advanced thermal break machinery has been purchased by aluminium systems
company Metal Technology, as part of a £2.5M, three-year investment
plan. With contractors and fabricators demanding ever shorter lead times
and business growing rapidly Metal Technology decided to install the Belgian
Aluroller thermal break machine
[More
on this Story]
Kyro
Corporation - Clear Growth in January-June Net Sales and Operating Profit
-
Net sales grew with acquisitions by 53% to EUR 109.5 (71.6) million
- Operating profit before amortisation of goodwill grew by 38% to EUR
10.6 (7.7) million
- Profit before taxes grew by 19% to EUR 9.2 (7.8) million
[More
on this Story]
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