May 6, 2008 | Vol 3, Num 18
e-glass weekly, your weekly source for industry news and financial data
News to know
Aluminum prices show sharp hike
More top stories
Prices on the rise for aluminum, glass, PVB, milk, coffee, stamps ...
Product of the week
Conveyor line and sealant applicator
Tripped up by an extension cord
Financial
Vitro sales up, earnings down in first quarter
More business stories
e-Poll
Is the United States in a recession?
Yes
No
Not yet, but I ancticipate it
Not sure



Is your company being affected by the credit crunch?

Yes, and I am tightening up my procedures to collect faster

42%

Yes, it's getting tighter

20%

No, but I am worried it will be soon.

19%

No, we charge everything

13%

Yes, we can't get it

6%














Financial

More business stories
Pilkington to invest $79 million in St. Helens plants
United Kingdom-based Pilkington will invest $79 million for a coating line at a St. Helens facility, and to repair a float line at another St. Helens plant, according to an April 30 article from the Liverpool Daily Post. The investment protects 230 jobs and creates 20 more, according to the article ... read more

Guardian not put off by FTA woes
Guardian Industries, one of the world's largest manufacturers of float glass and fabricated glass products, is confident of expanding its investment in Thailand despite the failure of talks on a free-trade pact between Thailand and the United States. Stephen Farrar, director of international business, said the firm was waiting for tax incentives from the Board of Investment for its expansion project worth $50 million, according to an April 30 article from The Nation, Bangkok ... read more

DuPont ups prices 15 percent for interlayers and films
DuPont Glass Laminating Solutions will increase prices 15 percent for all Butacite polyvinyl butyral interlayers including The Wedge, SentryGlas Plus and Spallhield composite films, effective June 1, according to a company release April 28. Officials blame the increase on higher costs for petrochemical feedstock, energy, freight and distribution costs. ... read more

Emirates Glass parent posts record profits
Dubai Investments Co., parent of Emirates Glass, United Arab Emirates, reported record profits of $133 million for the first quarter, up 11.1 percent compared to the previous quarter, according to a May 2 article from the Gulf Daily News ... read more

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