Page 34 - Glass-Technology International no. 1/2018

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TQMP Glass Manufacturing Corp. TQMP
plans to increase production at its
newly acquired flat glass factory from INCREASE IN AGC FACTORY
AGC Flat Glass Philippines, Inc.
(AGPH) , following the acquisition by PRODUCTION AFTER TAKEOVER
the former of 100% of the issued and
outstanding shares owned by the flat and providing services to customers would be closely collaborating to
glass manufacturer. through fair, reasonable, and non- TQMP to bring in new products.
TQMP President Paul Vincent Go discriminatory measures, and main- Aside from the Philippines, AGC’s
said the company planned to produce taining a non-discriminatory practice Southeast Asia flat glass facilities are
value adding products such as figured in the processing of purchase orders also housed in Thailand and Indone-
glass used for housing projects. and delivery of products and services. sia.
The Philippine Competition Commis- It also vowed to sell products or ser- Go said TQMP is optimistic with
sion (PCC) approved the transaction vices to glass distributors on terms no the newly acquired plant as it will be
of TQMP and AGC in December last less favourable than similarly situated in synergy with its glass processing
year, but the approval took a while customers. business, wherein it now has its own
since the firms notified the anti-trust With these commitments, the PCC source of its flat glass demand.
body only in June last year. Accord- approved the transaction. He also stressed that the booming
ing to the PCC, a favourable decision The acquired facility is located in a construction industry and infra-
could be issued in the Phase I review 28-hectare property with a daily pro- structure projects of the government
as it has seen “concerns on potential duction capacity of 500 tons per day. would boost demand for glass prod-
input foreclosure in the downstream AGC Regional President for Asia ucts, and the company eyes to supply
wholesale supply market of clear and Pacific General Division Masahiro this increasing demand.
bronze float glass.” Takeda said the Pasig plant’s revenue “We would like to grow this company
To address competition concerns, in 2017 was flat compared to 2016. to be self-sustaining,” Go said, add-
TQMP submitted its voluntary com- Takeda added that despite selling ing that imported flat glass supplies
mitments including setting prices the factory to the Filipino firm, AGC the demand in the Philippine market.

TÜRKMEN AÝNA ÖNÜMLERI QUANEX
TURKMENISTAN GLASS NORTHEAST SALES

FACTORY WILL PROVIDE MANAGER

800 NEW JOBS Quanex Building Products has hired Brian Ludwig as its

northeast sales manager.
The project of the construction of the innovative enterprise A 23-year industry veteran, Ludwig has experience through
Türkmen aýna önümleri was set up as part of the imple- all parts of fenestration operations, including product design,
mentation of the state program on import substitution, and manufacturing, sales and end-user support.
commissioning of this new glass combine in the village of “We’re excited to bring on [Ludwig] as a new territory sales
Ovadendape Akhal velayat is now well underway. manager, and we’re confident that his breadth of expertise in
The facility, which was built in partnership with the Turkish all areas of fenestration will translate to actionable insights,
company Tepe Türkmen Insaat ve Ticaret Anonim Sirketi, new solutions and unmatched support for our customers in
is aimed at the annual production of 7 million 200 thousand the Northeast,” says Larry Johnson, vice president of insulat-
square meters of various types of building glass and a variety ing glass sales.
of transparent and coloured bottles. “Quanex has the best people, the best products,
The industrial complex consists of several production work- and the best processes,” says Ludwig. “I’m excited to join
shops, which will create more than 800 workplaces. In order the Quanex family, and to help our customers
to train highly qualified specialists in the field of glass pro- discover new ways of moving their businesses forward
duction, Turkmen specialists are trained in Russia, Germany, with the products and solutions that only Quanex can
Italy and Austria. provide.”

32 Glass-Technology International 1/2018