Asahi Glass Co Latest Developments

Asahi Glass Co is determined to significantly increase its auto-glass capacity overseas by 2000. The decision is intended to cope with steady sales growth in the US and the auto-industry-development policies being shaped in most Asian countries including China, developments which contrast strongly with the prolonged recession in Japan. In the coming five years, Japan's top glass maker intends to double its auto-glass sales in world markets including Japan, so that it can raise its world market share from the present 20% to 25%. It has already begun building a new plant in Thailand where sales growth has been remarkable.