Dow Corning Gets Silicon Metal Plants | November 9, 2009 Issue - Vol. 87 Issue 45 | Chemical & Engineering News
Volume 87 Issue 45 | p. 24 | Concentrates
Issue Date: November 9, 2009

Dow Corning Gets Silicon Metal Plants

Department: Business
Keywords: Dow Corning, Silicon Metal

Dow Corning has bought one silicon metal plant and acquired an interest in a second one from Globe Specialty Metals in a $175 million deal. Silicon metal is the raw material Dow Corning uses to make the silicones it is known for. The deal gives Dow Corning 100% ownership of Brazil’s Globe Metals Indústria e Comércio and a 49% interest in Globe’s Alloy, W.Va., silicon operation, which the two will manage as a joint venture. In 2003, Dow Corning acquired another silicon supplier, Simcala, for an undisclosed sum.

 
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ISSN 0009-2347
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