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Business
Evonik Buys Maker Of Silicic Acid Esters
by Michael McCoy
March 10, 2014
| A version of this story appeared in
Volume 92, Issue 10
Evonik Industries has acquired Silbond, a Weston, Mich.-based supplier of silicic acid esters. The purchase price was in the mid-double-digit million-euro range, the German company says. Silbond calls itself the world’s largest producer of the most important silicic acid ester, tetraethyl orthosilicate, which is used in applications such as coatings and semiconductor manufacturing. Evonik produces other functional silanes in Germany, Belgium, China, and Mobile, Ala.
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