Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 3 October 2017, 12:30 HKT/SGT
Share:
    

Source: Showa Denko K.K.
SDK Completes Acquisition of SGL GE

TOKYO, Oct 3, 2017 - (JCN Newswire) - Showa Denko ("SDK"; TSE:4004) announces that, effective October 2, 2017, it completed acquisition of all shares in SGL GE Holding GmbH (SGL GE), a graphite electrode production company, and made it a wholly owned subsidiary of SDK. The acquired company's name was changed to "SHOWA DENKO CARBON Holding GmbH" as of the same date.

Through acquisition of full ownership of former SGL GE, SDK now has graphite electrode production bases in Europe and Southeast Asia, in addition to its existing bases in Japan, the United States, and China, and becomes the leading supplier in the global graphite electrode industry. SDK will strive to generate synergy as early as possible, pursue more cost competitiveness, enhance business durability, and achieve further growth in a highly competitive market.

Outline of SHOWA DENKO CARBON Holding GmbH

Name: SHOWA DENKO CARBON Holding GmbH
Location: Werner-von-Siemens-Str. 18, 86405 Meitingen, Germany
Representative: Klaus Unterharnscheidt, President
Business: Production, sale, and R&D of graphite electrodes
Establishment: December 11, 2015 (date of the establishment of SGL GE Holding GmbH)
Production bases: Six plants [in Germany, Austria, Spain, USA (two sites)*, and Malaysia]
* SHOWA DENKO CARBON Holding GmbH's USA plants will be transferred to Tokai Carbon Co., Ltd. in early November 2017.

Reference: Showa Denko Group's graphite electrode production sites**
**After the scheduled transfer of SHOWA DENKO CARBON Holding GmbH's sites in the U.S.

- Omachi Plant, Showa Denko K.K. (Omachi, Nagano Prefecture, Japan)
- Showa Denko Carbon, Inc. (Ridgeville, South Carolina, USA)
- Showa Denko Sichuan Carbon Inc. (Guangyuan, Sichuan Province, China)
- SHOWA DENKO CARBON Holding GmbH (Meitingen, Germany; Steeg, Austria; La Coruna, Spain; and Banting, Malaysia)


About Showa Denko K.K.

Showa Denko K.K. ("SDK"; TSE:4004, US:SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial and high-performance gases and chemicals and high-purity gases and chemicals for the semiconductor industry, and the Inorganics Sector provides ceramics products such as alumina, abrasive, refractory and graphite electrodes and fine carbon products. Today, the Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

Contact:
Public Relations Office
Phone: 81-3-5470-3235


Oct 3, 2017 12:30 HKT/SGT
Source: Showa Denko K.K.

Showa Denko K.K. (TSE: 4004)

Topic: Press release summary
Sectors: Electronics, Chemicals
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2017 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Showa Denko K.K.
Nov 14, 2017 15:00 HKT/SGT
Showa Denko (SDK) Announces 2017 Third Quarter Financial Results
Nov 8, 2017 08:00 HKT/SGT
SDK Completes Transfer of SGL GE's U.S. Business
Sept 28, 2017 08:00 HKT/SGT
SDK Obtains Competition Authorities' Approval for SGL GE Acquisition and Decides to Transfer U.S. Business to Tokai Carbon
Sept 25, 2017 12:30 HKT/SGT
SDK Begins Shipping Best-in-Class 2.5-Inch 1TB HD Media
Sept 22, 2017 16:00 HKT/SGT
Showa Denko Establishes Fourth Bulk Molding Compound Plant in Asia
Sept 14, 2017 14:00 HKT/SGT
SDK to Expand Capacity for High-Grade SiC Epitaxial Wafer
Sept 1, 2017 13:00 HKT/SGT
Showa Denko to Launch New Shodex(TM) Analytical Columns
Aug 31, 2017 10:00 HKT/SGT
SDK Group to Found New Liquefied CO2 Gas Plant in Oita Petrochemical Complex
Aug 23, 2017 12:30 HKT/SGT
Showa Denko Expands Lineup of Infrared LEDs for High-output Uses
Aug 8, 2017 14:00 HKT/SGT
Showa Denko (SDK) Announces 2017 Second Quarter Financial Results
More news >>
 News Alerts
Copyright © 2017 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: