Showa Denko acquires major stake in Sinosteel Sichuan Carbon

Showa Denko acquires major stake in Sinosteel Sichuan Carbon

11:57 AM, 16th April 2012
Showa Denko acquires major stake in Sinosteel Sichuan Carbon

TOKYO, JAPAN: Showa Denko KK (SDK) has signed an agreement with Sinosteel Corporation, China to acquire 67 per cent of shares in Sinosteel’s wholly owned subsidiary Sinosteel Sichuan Carbon, an integrated manufacturer of graphite electrodes. Sichuan Carbon will become SDK’s subsidiary subject to ratification by related government organizations. SDK will introduce its technology into Sichuan Carbon to improve product quality, and expand its graphite electrode operations in China and other Asian countries.

Sichuan Carbon is operating a 22,000 tonne per year graphite electrode plant, and selling the product in the Chinese market. When this facility is added to the existing facilities, the 60,000 tonne per year plant in Omachi, Nagano Prefecture, Japan, and the 45,000 tonne per year plant of Showa Denko Carbon located in South Carolina, US, the Showa Denko Group’s total production capacity will reach 127,000 tonne per year.

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Toray restarts Ayutthaya plant in Thailand

TOKYO, JAPAN: Ayutthaya plant of Thai Toray Synthetics Ltd, which halted operations on 6 October 2011 and began its restoration works on November 28, ...

Read more
Influenced by the Sun, Earth is ever evolving

The Earth, which is incredibly old, was not even present at the beginning of the universe. The universe began without human beings some 10 billion yea ...

Read more
Merck, ESK JV for functional fillers

DARMSTADT, GERMANY: Merck signed a cooperation agreement with ESK Ceramics GmbH, covering their functional fillers for the cosmetics industry. Merck w ...

Read more
Matheson K-Air starts second helium transfil in India

NEW DELHI, INDIA: Matheson K-Air India Private Limited (MKI), supplier of packaged gases, has announced the commissioning of its second Indian helium ...

Read more
Sinochem, University of Leeds collaborate for research projects

BEIJING, CHINA: Sinochem Group signed a collaborative research deal with the University of Leeds to jointly conduct researches in new materials, new e ...

Read more
Momentive stops formaldehyde production at German site

LEUNA, GERMANY: Momentive Specialty Chemicals plans to cease production of formaldehyde and formaldehyde-based resins at its Leuna site, Germany opera ...

Read more