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Business

AZ Buys Clariant’s Polysilazane Line

by Michael McCoy
October 10, 2011 | A version of this story appeared in Volume 89, Issue 41

AZ Electronic Materials has acquired Clariant’s polysilazane coatings and resins business for about $5 million. The purchase includes a plant in India that AZ calls the world’s only commercial organic poly­silazane facility. AZ, which was once part of Clariant, says the purchase will facilitate the development of new business in displays, lighting, solar, and nonelectronic markets. Under the agreement, Clariant will retain the right to use polysilazanes for composite materials and ceramics.

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