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Ceramic and glass business news of the week

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Global 5G interference agreement worries weather forecasters

Negotiators at the World Radiocommunication Conference in Egypt agreed to set out-of-band emissions limits on 5G tech at -33 decibel watts until Sept. 1, 2027, and -39 decibel watts thereafter. The limit is stricter than FCC’s -20 decibel watts limit, but the World Meteorological Organization remains concerned weather forecasting will be affected.

OI European Group B.V. launches €300 million Green Bond offering

Owens-Illinois Group announced that OI European Group B.V. intends to offer €300 million aggregate principal amount of senior notes due 2025 in a private offering to eligible purchasers. O-I intends to allocate an amount equal to the net proceeds received from this offering to finance and/or refinance new and/or existing Eligible Green Projects.

ROSS appoints new VP of Sales

ROSS announces the appointment of Ken Langhorn to the position of vice president of sales. Named technical director in June 2006, Langhorn assumed the responsibility of managing the test & development center.

Forglass partners with CelSian on mathematical modelling

Polish glass melting technology provider Forglass partnered with Dutch company CelSian Glass & Solar to provide its GTM-x software for computer modelling studies of Forglass’ furnace designs.

Vidroporto’s IVN glassmaking facility to increase production by 70%

Brazilian container glassmaker Vidroporto is to increase production by 70% at its Indústria Vidreira Do Nordeste site in Sergipe, Estância, Brazil. The company said it would increase capacity to 370 tonnes a day upon completion of the investment and will invest BRZ100 million (US$23.8 million).

Groot Glass secures $650 million funding for two glass plants

Namibian company Groot Glass secured $650 million funding for the construction of a glassmaking hub. It plans to construct two separate glass manufacturing factories: one 350tpd Groot Glass Container Factory for the beverages sector and a 600tpd Groot Glass Float Factory for the construction industries.

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