Volume 42, Issue 10 - October 2007

Global Update

DFI Signs License in Vietnam 
to Expand into Asian Markets

Diamon-Fusion International Inc. (DFI) in San Clemente, Calif., has expanded its presence in Vietnam by signing an exclusive license agreement with Paradigm Network Ltd., a British Virgin Island-based corporation with a growing network of businesses based in Vietnam. The operations will be managed in Vietnam by GmG Co. Ltd., a Vietnamese independently owned company. According to a press release from DFI, Vietnam has Asia’s second fastest-growing economy, with 8.7 percent growth last year, trailing only China. The country joined the World Trade Organization in 2006. 

Through the end of 2005, Vietnam’s growth rate exceeded that of Thailand, Malaysia, Taiwan, South Korea and India. “Vietnam is growing at a very fast pace and its current trade openness creates a good timing for the introduction of our innovative nanotechnology, along with all upcoming products we have in our [research and development] portfolio; we are very pleased with this strategic alliance for Vietnam,” says Guillermo Seta, executive director of DFI global operations.

DFI also announced the execution of sales representation agreements with Aronoff and Associates, a manufacturers’ representative organization in the Mid-Atlantic region servicing the glass and glazing industry, and De Gorter Inc., a supplier of glass processing equipment. Aronoff and Associates will serve as DFI’s sales representative in Virginia, Maryland, New Jersey, Delaware, the District of Columbia and eastern Pennsylvania, while De Gorter Inc. will represent DFI in North Carolina, South Carolina, Tennessee, Georgia, Florida, northern California and Puerto Rico. www.diamonfusion.com

Xinyi Photovoltaic Glass Production Line Begins Operation 
Xinyi Glass, headquartered in Shenzhen, China, announced that it successfully began operation of a new melting furnace and ultra-clear photovoltaic glass manufacturing line on August 28. The line is expected to produce 300 tons per day of low-iron, textured glass with more than 91 percent solar transmittance to meet the increasing market demand from crystalline solar module manufacturers.

“The inauguration of this production line marks the optimization of the group’s product structure and another major step forward in the group advance into the energy saving and environmentally-friendly glass market,” says Lee Yin Yee, chairman of Xinyi Glass. www.xinyiglass.com 

Pilkington Denmark Acquires Glass Processing Company 
Pilkington Denmark has announced that it has acquired a small glass processing company located close to its branch in Glostrup. Carlberg Glass supplies insulating glass units. The company also has a small fire protection glass cutting operation.

The firm’s operations and nine employees have transferred to Pilkington’s Glostrup site.


© Copyright 2007 Key Communications Inc. All rights reserved.
No reproduction of any type without expressed written permission.