Asahi Glass Co. Ltd. (AGC) recently announced its European subsidiary, AGC Glass Europe (AGEU), and a German glass manufacturer, Interpane, have signed an agreement in which AGC will take control of 51% of Interpane. The two companies, both producers of float glass, will reportedly develop mutually complementary processing activities in terms of geographical scope and product specialties. Through the alliance with Interpane, AGC will reportedly gain an industrial presence, mainly in the German flat glass market, and plans to strengthen its position in glass coatings by offering new glass functions in building, solar, and automotive applications.
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