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Central Glass to Disband PDP Glass JV in S KoreaCentral Glass Co. <4044> said Thursday it will liquidate a South Korean joint venture that makes glass substrates for plasma display panels. The major Japanese glass maker decided on the move because of the low-profitability of the joint company, Display Glass Alliance. Display Glass Alliance, capitalized at 10 billion won, was set up in June 2005. Central Glass owns 40 pct of the company, and South Korea´s Hankuk Glass Industries and France´s Saint-Goba each own 30 pct. 30.11.2007, Central Glass Co. News material on the Site is copyright and belongs to the Company or to its third party news provider, and all rights are reserved. Any User who accesses such material may do so only for its own personal use, and the use of such material is at the sole risk of the User. Redistribution or other commercial exploitation of such news material is expressly prohibited. Where such news material is provided by a third party, each User agrees to observe and be bound by the specific terms of use applying to such news material. We do not represent or endorse the accuracy or reliability of any of the info contained in any news or external websites referred to in the news.
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