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Published on December 2nd, 2013 | By: Jim Destefani


News from the glass and refractory ceramics world

Published on December 2nd, 2013 | By: Jim Destefani

CTT-Refractory and glass news

  • (US Glass News Network) The European Union (EU) has completed a portion of its anti-subsidy investigation into imports of solar glass from China and says it will impose provisional duties of 17.1–42.1% on Chinese companies importing solar glass into the EU. 
  • Saint-Gobain plans to spend €4 billion ($5.4 billion) on acquisitions through 2018 as part of a strategy to focus on high-growth, high-margin products. The company has since been hit by the economic slowdown in Europe. It has scrapped several of previously announced strategic targets through 2015, including annual sales growth goals, for which it did not set targets this time.
  • Global mining company Rio Tinto is expected to close its Gove (Australia) alumina refinery after ending talks with national and territory governments over securing gas supplies for the plant. The company says it will continue to work with the government and other stakeholders to assure the long-term future of its bauxite operations in the area.
  • (Refractories Window) Iluka Resources has cut 47 jobs at its South West operations as it continues to face weak demand for its mineral sands products.  The company says the job losses came after more than a year of “soft demand” for its two main products, titanium dioxide and zircon.

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