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…
Tag: silicone
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…
Semperit to acquire LSR firm Rico; to strengthen market presence in North America
Given the annual growth rate of silicone will be around 7% until 2027, while the market for silicone applications in Western Europe and the US amounts to approximately US$8 billion (2023), Austrian polymers firm Semperit Group says that it will…
Wacker expands production of silicone sealants in Germany; investment of EUR20 mn
German chemical group Wacker says it is expanding its production and cartridge filling capacities for silicone sealants at its Nünchritz site, in response to growing demand. It has budgeted EUR20 million for the new manufacturing lines, which are scheduled to…
Weighing equipment takes care of Elmet’s silicone parts
A multihead weigher from Japanese firm Ishida has proved to be the ideal solution to enable Austrian silicone specialist Elmet to efficiently fill around 100 million small parts into bags every single day. Investing in this exceptional packaging technology, which…
DuPont to expand pharma silicone tubing capacity to China
US materials firm DuPont says that it will increase production capabilities for its Liveo Pharma Silicone Tubing by adding manufacturing capacity in eastern China. The manufacturing expansion aims to meet demand for biopharmaceutical tubing in China, as well as in…
Shin-Etsu to invest US$700 mn in silicone output in Japan
Japanese firm Shin-Etsu Chemical Co. will implement over US$700 million in facility investments for its silicones business, one of its main businesses, with the aim of further expanding and strengthening this business. As a result of the announcement in September 2018…