two very dissimilar firms of Saint-Gobain and Pont-á-Mousson in 1970 was characterized by the growing power of the state in the French economy, which began during World War II under the. Saint-Gobain, convinced by its.S. The group had to be slimmed down further with approaching reprivatization in 1986. 1994: Saint-Gobain sells its paper, pulp, and packaging unit. Glass produced there was sent to Paris for the finishing process of grinding and polishing. In addition to new types of continuous processes and improved furnaces, there were innovations in grinding and polishing techniques and, perhaps most significant, the discovery of tempering to produce security glass and allow its shaping. The company responded by improving production methods and constructing further production sites in Europe: at Pisa, Italy, in 1889, and at Franiére, Belgium, between 18Subsidiaries were acquired in Holland, Spain, and Germany.
Truell, Peter, "Scandals Crimp Business for French Firms Wall Street Journal, October 20, 1994,. Saint-Gobain operates as one of the top 100 industrial corporations in the world, supplying the glass for 50 percent of all cars. Attestation - Montant global des dix rémunérations les plus élevées - PDF.
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It was planned at first to produce fibers for paper-based artificial textiles, but their decline after the war led to a switch to Kraft paper and bags. While the threat of costly asbestos litigation remained a nagging concern, Saint-Gobain appeared poised to continue as a leading industrial concern for years to come. This revolutionary technique obviated the need for lengthy finishing processes. The company began to pursue a strategy of vertical integration, with the control of mines, ironworks, and end products, a policy continued right up until the 1960s. Demand for its products was low across Europe, and the company's activities in Asia were not vigorous enough to offset the lull in its home economy. Turnover increased from FRF 18 million in 1890 to FRF 47 million in 1913. Le Conseil d'administration a reconduit. Westervelt, Robert, "Saint-Gobain Pays 620 Million to Acquire Furon Chemical Week, September 29, 1999,. The company made several important acquisitions in the early 1990s. Saint-Gobain also acquired two German glassmakers in 1991, giag and Oberland.