Ceramic Industry News

H.C. Starck to Sell Silica Sol Business to Akzo Nobel (posted 5/21/08)

May 21, 2008
/ Print / Reprints /
ShareMore
/ Text Size+

The H.C. Starck Group has sold its silica sol business in Leverkusen, Germany, to Akzo Nobel Chemicals GmbH, Düren, Germany. The acquisition price was not disclosed. “We are convinced that the silica sol business continues to have very attractive growth possibilities under the ownership of Akzo Nobel,” said Heinz Heumueller, Ph.D., chief executive officer of the H.C. Starck Group. The companies concluded the contracts on April 30, 2008. The sale is subject to the approval by the antitrust authorities.

“This strategically important acquisition will enable us to enter a number of additional silica sol markets, primarily in Europe,” said Rob Frohn, Akzo Nobel’s board member responsible for Specialty Chemicals. “Our streamlined chemicals portfolio is primed for investment and this transaction emphasizes our commitment to focusing on growth.”

“Akzo Nobel is the ideal partner for our future expansion,” said H.C. Starck Silica Sol’s Managing Directors Gabriele Hey, Ph.D., and Sven Marienfeld. “With the support of Akzo Nobel, we are well positioned continue to pursue our growth strategy.”

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

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI August 2014 cover

2014 August

Explore technical ceramics, glasses and refractories in our August issue!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px