H.C. Starck GmbH has signed a contract to sell its global Conductive Polymers business unit to Heraeus. The business unit, based in Leverkusen, Germany, sells liquid polymer chemicals under the brand name Clevios. Due to their highly conductive nature, these chemicals are used in a range of applications, primarily in the electronics industry. The transaction is expected to be completed in the fourth quarter.

By selling its Clevios business, H.C. Starck has completed an additional step toward focusing on the company’s core Refractory Metals and Advanced Ceramics business areas. Both areas offer above-average growth potential in high-tech industries such as telecommunications, medical engineering, power engineering, aerospace, and automotive engineering.

“By selling our Clevios business, we shift the focus of our resources to our core areas of expertise, which will allow us to realize above-average growth in these markets,” said Andreas Meier, Ph.D., CEO. “As a market leader in both technology and quality with a global manufacturing structure, we are extremely well-positioned for the future. In Heraeus, we have found a reliable new owner for Clevios, who will not only take on the global Clevios staff of almost 80 employees and continue the facility in Leverkusen, but will also support the long-term development of the business.”

For more information, visit www.hcstarck.com or www.heraeus.com.