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Article: Dow Kokam Acquires the Assets of Kokam America.
- Article from:
- PR Newswire
- Article date:
- November 12, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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)
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MIDLAND, Mich., Nov. 12 /PRNewswire-FirstCall/ -- Dow Kokam LLC, announced today its acquisition of substantially all of the assets of Kokam America Inc., a global leader in the lithium rechargeable battery market and source of Dow Kokam's superior lithium polymer battery technology.
"The acquisition of these assets is a natural extension to Dow Kokam's existing capabilities," said Ravi Shanker, Dow Kokam President and CEO. "Bringing the Kokam America expertise, patented manufacturing processes and existing facilities under the Dow Kokam franchise creates tremendous opportunity for Dow Kokam and brings application diversity to its portfolio."
"Kokam ...
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... ... The impact of this collaboration of Dow Chemical Co. and Kokam America Inc. could be enormous. First are the several hundred construction ... pursuit of the emerging alternative energy industry. The Dow-Kokam venture would not have come to Midland -- or even to Michigan ...
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