Asahi Glass
| Asahi Glass Co., Ltd. 旭硝子 株式会社
|
|
|---|---|
 |
|
| legal form | Kabushiki kaisha |
| ISIN | JP3112000009 |
| founding | September 8, 1907 |
| Seat |
Chiyoda , Tokyo , Japan
|
| management | Takuya Shimamura |
| Number of employees | 50,852 |
| sales | 1,326 billion yen (9.97 billion EUR ) |
| Branch | Glass manufacturer |
| Website | www.agc.co.jp |
| As of December 31, 2015 | |
The Japanese company Asahi Glass Co., Ltd. ( jap. 旭硝子 株式会社 , Asahi garasu Kabushiki kaisha ) or AGC for short, listed in the Nikkei 225 , is a glass manufacturer. It is one of the companies of the former Mitsubishi concern.
The company's main sectors are:
- Glass
- biotechnology
- Fluoropolymers such as ETFE - laminates (known for their use in the Munich Allianz Arena )
- Display glass
- Electronic materials
- Optical and telecommunications products
subsidiary company
- AGC Glass Europe
- Asahi Fiber Glass Co. Ltd.
- Asahi Techno Glass Corp.
- Ise Chemical Industries Co., Ltd
- Interpane Glas Industrie AG
history
The company was founded in 1907 by Toshiya Iwasaki, the second son of the second president of Mitsubishi Zaibatsu . The company was the first Japanese manufacturer of flat glass .
AGC Glass Europe goes back to the Belgian company Glaverbel , which was taken over by Asahi Glass in 1981. Glaverbel was created in 1961 from the merger of Glaver and Univerbel . In 1990 Glaverbel took over the former Czechoslovak state enterprise Sklo Union . In 1998 the European glass business was taken over by Pittsburgh Plate Glass .
In 1988, Asahi Glass and Corning founded the Corning Asahi joint venture to manufacture picture tubes for the North American market.
Conviction for price fixing in 2007
In November 2007 the European Union imposed a fine of 65 million euros on the company through EU Competition Commissioner Neelie Kroes . Asahi was involved in an international cartel involving Guardian Industries from the United States, Pilkington from Great Britain and Saint Gobain from France, which had made illegal price fixing. Because the Asahi company cooperated with the Commission, its fine was reduced to 65 million euros.
Conviction for price fixing in 2011
In October 2011 the company was sentenced by the EU together with Nippon Electric , Schott AG and Samsung Corning Precision Materials to a total fine of 128.7 million euros for illegal price fixing between 1999 and 2004 . The cartel had negotiated the prices of picture tube glass for televisions and computer screens. Samsung Corning Precision Materials was spared a penalty due to the leniency program.
Dragontrail Glass
With the product Dragontrail , Asahi has been offering a material that competes with Gorilla Glass from Corning since 2011.
Web links
- Official website (English)
- Asahi Dragontrail (English)
Individual evidence
- ↑ Top Message ( Memento from June 13, 2016 in the Internet Archive )
- ↑ a b AGC Report 2016 ( Memento from July 14, 2016 in the Internet Archive ), accessed on July 14, 2016
- ↑ Converted at the rate on the balance sheet date, December 31, 2015
- ^ A pioneering history
- ↑ Schenectady Gazette, October 12, 1988: Corning, Asahi In Joint Venture
- ↑ Tagesschau: Half a billion euros fine for glass manufacturers
- ↑ Schott has to pay a fine of 40 million , dpa report from October 20, 2011