Momentive Technologies acquires spherical alumina and spherical silica businesses from Sibelco
- Broadens ceramics product portfolio to include spherical alumina and spherical silica
- Strengthens ceramic powders portfolio for thermal management applications in electric vehicles, artificial intelligence, renewable energy, consumer electronics, and telecommunications markets
- Electric vehicles (EV),
- Artificial intelligence (AI),
- Renewable energy,
- Consumer electronics, and
- Technology.
“Customers of both companies will appreciate the breadth of our ceramic powder portfolio and the ability to offer more innovative solutions to their key challenges fueled through this strategic acquisition,” said Mark A. Wolf, President and Chief Executive Officer, Momentive Technologies. “We are better positioned to continue our global leadership in advanced materials innovation and performance, and to further expand our market diversification.”
In adding new spherical powders to its product mix, the company anticipates growth opportunities within the EV market and other markets facing significant power electronics performance challenges.
About Momentive Technologies
Momentive Technologies applies advanced materials science to design and manufacture ultra-high-performance quartz materials, quartz crucibles, and ceramic products that are vital to a variety of high-growth end markets, including the silicon and compound semiconductor industries, electronics, and aerospace components. These solutions enable the production of logic and memory chips, power control devices and multiple systems for electric vehicles, integrated circuits, power control devices, data servers, and aerospace applications. Recognized for the purity, performance, consistency and stability of its products, Momentive Technologies has been delivering innovative solutions for over 130 years and continues to impact emerging trends like electrification, digitalization, renewable energy and artificial intelligence. The Company, headquartered in Strongsville, Ohio, has operations across the globe and serves customers in more than 30 countries. For more information, visit www.momentivetech.com.