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Dow Corning venture to buy Nippon's silicon operation

Posted: 13 Sep 2004 ?? ?Print Version ?Bookmark and Share

Keywords:dow corning? dow corning toray silicone? nippon unicar?

Dow Corning Corp. revealed that its joint venture Dow Corning Toray Silicone Co. Ltd (DCTS) has reached an agreement with Nippon Unicar Co. Ltd (NUC) to purchase its silicon division.

The sale is expected to be finalized Sept. 30.

As a result of this sale, the capabilities of both companies: NUC's advanced technology and know-how in specialty chemicals and DCTS's wide capabilities in silicon production will be aligned to offer superior technology and solutions. DCTS will offer the same or equivalent silicon products now sold by NUC after the completion of the sale.

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