|
|
Article: United States : Dow Corning acquires 2 silicon manufacturers.
- Article from:
- TendersInfo
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: manish03
Midland-based Dow Corning Corp. has acquired two chemical-grade silicon manufacturing assets from Globe Specialty Metals, in an acquisition valued at about $175 million.
Dow Corning purchased 100% of Globe Metais Industria e Comercio SA, a silicon metal manufacturer in Para, Brazil. It will immediately begin operating as Dow Corning Metais do Para Ltda.
Dow Corning also has acquired a 49% interest in Globe Metallurgical Inc.'s silicon manufacturing operation in Alloy, W.Va., WVA Manufacturing LLC. The operation will continue as WVA Manufacturing LLC.
Dow Corning, a global leader in silicone-based ...