The week's business headlines

DuPont reaches 2006 earnings goals
Officials from DuPont Co., the Wilmington, Del., parent of DuPont Laminating Glass Solutions, announced the company will meet profit goals for 2006, with estimated earnings of $2.86 per share, according to a Nov. 30 article from The News Journal in Delaware. However, officials offered a more conservative outlook for next year, according to the article… read more

Saint-Gobain enters partnership to produce photovoltaics
The flat glass business of French glassmaker Saint-Gobain, Saint-Gobain Vitrage, has entered a 50/50 joint venture with Shell Erneuerbare Energien GmbH of Germany to produce and sell photovoltaic panels, according to a Nov. 27 Saint-Gobain release. The venture, called AVANCIS, will have production facilities in Torgau, Germany, with initial capacity of 20 megawatts. Production is scheduled to begin in 2008, according to the release… read more

H.B. Fuller CEO signs separation agreement
Officials from H.B. Fuller Co. of St. Paul, Minn., a maker of adhesives and sealants, announced Nov. 27 that resigning chairman, president and chief executive officer, Al Stroucken, signed a separation agreement, according to a same-day company release. The agreement allows Stroucken to leave the company before March 31, 2007, the stated expiration date of his employment, according to the release… read more

Chinese glass production up in first half of 2006
China’s production of plate glass increased 13.2 percent from January to September 2006 compared with the same period in 2005, according to a Nov. 29 article from the Xinhua Economic News Service, part of the Xinhua News Agency… read more

FGI acquires Alternative Glass
Flat Glass Industries of Moorebank, Australia, bought toughened and laminated glass producer Alternative Glass in Melbourne, according to a Nov. 29 report from the Australian Associated Press… read more