Published on September 19th, 2014 | By: April Gocha0
Ceramics and glass business news of the weekPublished on September 19th, 2014 | By: April Gocha
Leading aerospace manufacturer Alcoa has signed a long-term contract to supply aluminum sheet and plate products to Boeing. The multiyear contract, valued at more than $1 billion, is the largest ever between the two companies.
AGC Glass announced a strategic marketing alliance to promote photovoltaic glass with Onyx Solar, which produces Building Integrated Photovoltaics as part of a range of multi-functional constructive solutions. This architectonic glass supports increasing requirements for energy conservation and the long term goal of reaching zero energy in buildings.
The world ceramics market is increasingly diversified, expected to represent considerable size as every segment keeps on growing. Currently standing at USD 296.2 billion, the ceramics market is forecast to grow to USD 502.8 billion by 2020, as every industry achieves improved manufacturing efficiency along with high renewable energy efficiency.
Central Glass Co. Ltd., a parent company of Carlex Glass Co., has made a binding offer to acquire all of the outstanding shares of two subsidiaries of Guardian Industries Corp.—Guardian Automotive Products, Inc. (Sterling Heights, Mich.) and Guardian Automotive-E S.A. (Luxembourg).
U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants. Output at manufacturing plants fell 0.4 percent in August after a 0.7 percent rise in July, the Federal Reserve reported. Total industrial production was down 0.1 percent in August.
Kazakhstan and Iran are going to build a plant for production and processing of flat glass in Kyzylorda, southern Kazakhstan. The agreement has been signed by Investment Fund of Kazakhstan and Kaveh Glass Industry Group, the largest manufacturer of glass products in Iran and throughout the Middle East.
Members of IndustriALL Global Union’s affiliate Kristal-Is went on strike on June 20, 2014 over the failure of sector-wide negotiations in the glass industry. The Turkish Government postponed—in reality banned—the strike eight days after it was launched.
Centorr Vacuum Industries will be building a new MIM-Vac M900 debind and sintering furnace in 2014, expanding its customer base for the metal injection molding market for FloMet LLC, an ARCMIM Company.
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