• A new way to make glass has been discovered by a collaboration of researchers at the Universities of Düsseldorf and Bristol using a method that controls how the atoms within a substance are arranged around each other. The research is published in Physical Review Letters.
• On Sept. 27, 2012, the European Union General Court issued its judgment on the appeal brought by Guardian Industries Corp. and Guardian Europe S.a.r.l. against a Commission decision fining them a total of €148 million for their participation in a cartel in the flat glass sector from April 24, 2004, to Feb. 22, 2005. The GC dismissed the companies’ appeal and upheld the fine.
• On Nov. 12, 2012, IFGL Refactories reported a 47 percent drop in net profit at Rs 2.10 crore for the second quarter of the 2012-13 fiscal year and attributed the performance to detoriating health of global steel industry especially in the eurozone and Latin America.