Asahi Glass Co., Ltd. or AGC (旭硝子株式会社, Asahi Garasu Kabushiki-gaisha?) (TYO: 5201) is a Japanese manufacturing company. It is one of the core Mitsubishi companies.
Founded in 1907 by Toshiya Iwasaki, the second son of the second president of the original Mitsubishi Zaibatsu. It was the first Japanese producer of sheet glass. Asahi Glass Co. is one of the largest flat glass producing companies in the world, owning Glaverbel glass plants across Europe and AFG Industries in North America, and influences the industry as a whole.
Its main areas of production are:
- Automotive glass and industrial material
- Bio-technology and environment
- Commodity and performance chemicals
- Display glass
- Electronic materials and products
- Flat glass and construction material
- Optics and telecommunication
[edit] Subsidiaries and affiliates
[edit] Price-Fixing Scandal in Europe
AGC Flat Glass Europe was one of the four flat-glass manufacturers involved in the 2007 price fixing scandal uncovered by the EU Competition Commission. The European Commission said that the firms had raised or stabilised prices in 2004 and 2005 through illicit contacts.[1] Neelie Kroes, the EU's competition commissioner, said that the EU would "not tolerate companies cheating consumers and business customers by fixing prices and depriving them of the benefits of the single market".[2]
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[edit] External links
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