Ceramic Industry News

Unifrax to Acquire Saint-Gobain’s Ceramic Fiber Business

September 29, 2000
/ Print / Reprints /
ShareMore
/ Text Size+
Unifrax Corp. has entered into a definitive agreement to purchase the worldwide ceramic fiber business of Carborundum Insulation Technologies (CIT), an operating unit of Compagne de Saint-Gobain. The purchase price was not disclosed. In addition, the acquisition of CIT will include the French ceramic fiber operations of Saint-Gobain (formerly operated as Kerlane), which will make Unifrax/CIT the largest supplier in the French market. CIT also owns a majority of Orient Cerlane Ltd., a key producer located in India. CIT had 1999 ceramic fiber sales of approximately $80 million.

Saint-Gobain decided to divest its ceramic fiber business because it was not viewed as core and could be more effectively grown by Unifrax. Olivier Duval, president of Saint-Gobain’s High Performance Refractories Division commented, “Although we were enthusiastic about the future prospects of CIT, we felt growth could be more effectively achieved in concert with Unifrax, whose only business is ceramic fiber. They can bring greater focus to the effort. We feel the combination will be a successful one and believe it is in the best interest of our CIT employees.”

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

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.

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

THE MAGAZINE

Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

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_40