Nippon_Electric_Glass

Nippon Electric Glass

Nippon Electric Glass

Japanese glass manufacturer

Nippon Electric Glass Co., Ltd. (日本電気硝子株式会社, Nippon Denki Garasu Kabushiki-gaisha), also known as NEG, is a Japanese glass manufacturer. The company is a manufacturer of glass for flat panel displays (FPD). It has about 20% share in the world's production of glass for liquid crystal displays (LCD).[5]

Quick Facts Company type, Traded as ...

The company is listed on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 stock index.[6]

History

  • 1944: Established with investment from NEC Corporation and other companies.
  • 1949: Separated from NEC, and Nippon Electric Glass was founded as an independent company.
  • 1951: Successfully began use of the Danner process to form glass tubing automatically; initiated mass production.
  • 1956: Started continuous production of glass tubing using a tank furnace.
  • 1965: Started production of black-and-white CRT glass.
  • 1968: Started production of color CRT glass.
  • 1973: Company stock listed on the Tokyo Stock Exchange (TSE) and Osaka Securities Exchange (OSE) (Second Section).
  • 1974: Started production of thin sheet glass for LCDs.
  • 1983: Company stock transferred to the First Section of the TSE and OSE.
  • 1988: Started CRT glass operations in the US via joint venture with O-I Glass. (Techneglas)[7][8][9][10]
  • 1998: Started production of PDP substrate glass using the float process.
  • 1999: Acquired ISO 14001 certification for all plants in Japan.
  • 1999: Started production of LCD substrate glass by the overflow process.
  • 2004: Ended CRT glass production in the US and Mexico.
  • 2010: Started production of substrate glass for solar cells.[11]
  • 2017: Acquired three of the largest fiberglass factories in the world from PPG, the largest of which being in Shelby, North Carolina, US.[12]

Products

References

  1. [1]
    "Top Message". Retrieved 2024-01-11.
  2. [2]
    "Corporate Information". Nippon Electric Glass. Retrieved September 5, 2014.
  3. [3]
    "Company Summary". Google Finance. Retrieved September 5, 2014.
  4. [4]
    "Corporate Financials". Bloomberg Businessweek. Archived from the original on September 5, 2014. Retrieved September 5, 2014.
  5. [5]
    "Display Glass: Bigger, Thinner, and Stronger". Society for Information Display. January 2012. Retrieved September 7, 2014.
  6. [6]
    "Components:Nikkei Stock Average". Nikkei Inc. Archived from the original on November 14, 2016. Retrieved September 5, 2014.
  7. [7]
    "Television glass-maker Techneglas owes creditors $50 million".
  8. [8]
    "Techneglas plant shutting down; 382 jobs lost - 2004-08-03 - Business First of Columbus". Archived from the original on 2005-03-02.
  9. [9]
    "Construction of Distribution Building Begins on the Former Techneglas Site". Associated Press. 14 November 2018.
  10. [10]
    "Former O-I TV tube venture to halt output".
  11. [11]
    "Company History". Nippon Electric Glass. Retrieved September 5, 2014.
  12. [12]
    "PPG Reaches Agreement with Nippon Electric Glass for Sale of Remaining Fiberglass Operations". Pittsburgh Plate Glass Industries. Retrieved August 22, 2017.


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