SDK Completes Acquisition of SGL GE
03 Octobre 2017 - 06:30AM
JCN Newswire (English)
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/.
Source: Showa Denko K.K.
Contact:
Public Relations Office
Phone: 81-3-5470-3235
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