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The two companies believe that enhancing the thermal insulation and solar control of houses is an effective way of reducing CO2 emissions, because air-conditioning accounts for 30% of household energy consumption. In addition, because a large proportion of heat enters and leaves a house through openings such as windows, improved thermal insulation and solar control of windows are needed.
AGC and Tostem are committed to providing products and carrying out business activities in ways that consider the environment and help to achieve a sustainable society. The companies have separately focused on developing and improving the performance of their products. However, they have come to believe that they will be able to contribute further to solving global warming issues if they work together in developing new high-performance, high-quality “windows.” In addition, AGC and Tostem also believe that they will be able to provide customers with reassurance on the performance and quality assurance of products that have been provided separately for glass and sash by establishing a comprehensive performance assurance system.
As part of the basic agreement, AGC would manufacture and sell processed glass for the “windows” while Tostem would establish a performance assurance system, assemble and sell the “windows,” and streamline all operations (including delivery). Aiming to start the joint businesses early, AGC and Tostem will hold talks to determine the details of the business alliance based on the agreement. The joint businesses are expected to start within 2010.
For more information, visit www.agc.co.jp/english or www.tostem.co.jp/corporate/english.