Showa Denko K K : SDK Completes Acquisition of SGL GE
October 03, 2017 at 12:45 am EDT
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Showa Denko K.K.
October 3, 2017
Showa Denko (SDK) (TOKYO: 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.
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.
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)
Media contact:
Public Relations Office (Phone: 81-3-5470-3235)
Showa Denko KK published this content on 03 October 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 October 2017 04:44:09 UTC.
Original documenthttp://www.sdk.co.jp/english/news/2017/26801.html
Public permalinkhttp://www.publicnow.com/view/7302A7C935001324826A3B8FE0DAA27DB508A459
Resonac Holding Corporation (formerly Showa Denko KK) is a holding company organized around 7 family of products:
- materials (43.8% of net sales): electronics materials (epoxy molding compounds, die bonding materials, CMP slurries, anisotropic conductive films), printed wiring board materials (copper-clad laminates, photosensitive dry films), mobility components (plastic molded products, friction materials, powder metal products, carbon anode materials for LIBs), energy storage devices and systems (automotive and industrial batteries), and life sciences (diagnostics, contracted manufacturing of regenerative medicine products);
- petrochemical products (19.6%): olefins (polyethylene, polypropylene) and organic chemical products (vinyl acetate monomer, ethyl acetate and plastics);
- chemical products (12.9%): caustic soda, chlorine, liquid ammonia, amino acids, polymers, gas (oxygen, nitrogen, hydrogen), etc.;
- electronic components (8.3%): hard disks, semiconductors components, magnetic components, etc.;
- inorganic products (7.1%): ceramics and carbons (graphite electrodes);
- aluminum products (5.3%): aluminum foils, extruded products, forged products, cans, etc.;
- other (3%).
Net sales break down geographically as follows: Japan (53.4%), China (12%), Asia (20.6%) and other (14%).
RESONAC HOLDING CORPORATION 
