Tag: silicone

South Korea’s KCC to fully acquire Momentive

Silicones and specialty solutions company Momentive Performance Materials is expected to be fully acquired by KCC Corporation (KCC), its majority shareholder resulting in the exit of minority shareholder, SJL Partners. “We’re excited by the opportunities KCC’s 100% ownership position will…

Sigma/Momentive tie-up to advance silicone moulding

The partnership between the world market leader in LSR injection moulding simulation Sigma Engineering and manufacturer of silicone and silicone derivatives Momentive Performance Materials is good news for the silicone processing industry, the companies say. The challenge here is to…

Wacker to expand silicones production to Czech Republic

German silicones supplier Wacker Chemie says it intends to further expand its silicone specialty business and is reorganising its production facilities in Europe. For example, a new production site for silicones is to be built in Karlovy Vary, Czech Republic.…

Wacker expands speciality silicone facility in China

German chemical firm Wacker Chemie AG is expanding its specialty silicone manufacturing capacities in China. A kick-off event recently at the Zhangjiagang site in Jiangsu Province marked the start of construction of several new production lines, where the globally operating chemical…

Semperit adds on LSR specialist to its group

Austrian polymers firm Semperit says it has successfully completed the acquisition of Rico Group, a liquid silicone rubber (LSR) moulder and mould maker. After all approvals were obtained, the closing took place on 31 July 2023. Rico generated revenue of…