AGC has concluded a memorandum of understanding with Central Glass concerning the integration of their architectural glass businesses in Japan. According to AGC, the local architectural glass business is facing demand structure changes associated with declining new housing starts and the dissemination of multi-layered glass. The business environment has continued to be sluggish, despite continued streamlining efforts and restructuring of the distribution system. As a result, drastic reform for the entire industry is considered necessary.

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