News from the glass and refractory ceramics world | The American Ceramic Society

News from the glass and refractory ceramics world

CTT-Refractory and glass news

Sphinx Glass sold for $190 million to Saudi construction company

Construction Products Holding Co., a unit of private Saudi Arabian construction company Saudi Binladin Group, purchased Egyptian glass manufacturer Sphinx Glass for $190 million from previous owner Egyptian investment firm Citadel Capital and other investors, according to a May 26 report. 

Market analysis measures fiscal, sales health of Europe’s glass manufacturers
Plimsoll Publishing’s Glass Manufacturers (European) Analysis provides a detailed overview of the European glass manufacturing market and delivers a comprehensive individual analysis for each of the top 500 companies, including AGC Automotive Italia S.r.l., Ahlstrom Holding GmbH and Ardagh Glass Ltd. The report, compiled in English, includes a wealth of information on the financial trends over the past four years. Using Plimsoll’s methodology, a quick glance of the report shows that 121 companies have a declining Plimsoll financial rating, while 63 have shown good sales growth.