I D
× COMMENTARYCOVER STORYIN THE NEWSNEWSFRONTS
The Balanced Burner
Modern combustion technologies help processors safely meet emissions standards, while…
CHEMENTATOR + Show More BUSINESS NEWSTECHNICAL & PRACTICALFEATURE REPORTFACTS AT YOUR FINGERTIPSTECHNOLOGY PROFILEENGINEERING PRACTICEEQUIPMENT & SERVICESFOCUSNEW PRODUCTS + Show More

Comment

Saint-Gobain to divest silicon carbide division

By Mary Page Bailey |

Saint-Gobain (Paris, France; www.saint-gobain.com) moved another step forward in an exclusive agreement with private equity firm OpenGate Capital after having received a purchase offer to acquire Saint-Gobain’s silicon carbide division. Saint-Gobain produces silicon carbide grains and powder with annual sales of around €120 million. The transaction is subject to the approval of competition authorities and should be effective in the first half of 2019. The transaction is part of Saint-Gobain’s announced objective to divest businesses representing cumulative sales of at least €3 billion by the end of 2019.

Related Content

Chemical Engineering publishes FREE eletters that bring our original content to our readers in an easily accessible email format about once a week.
Subscribe Now
Non-Contacting Gas Sensors Minimize the Risk of Corrosion to Plant Equipment.
5 ways to Optimize Production of Polymers and Intermediate Petrochemicals
7 Ways to Achieve Process Safety in Chemical Production
Five Reasons Why Chemical Companies Are Switching to Tunable Diode Laser Analyzer Technology
Simplify sensor handling and maintenance with ISM

View More

Live chat by BoldChat