FOR IMMEDIATE RELEASE
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
CLEVELAND (September 30, 2024) – Advanced materials provider Momentive Technologies has completed the acquisition of Sibelco’s spherical alumina and spherical silica businesses located in South Korea.
The acquisition broadens Momentive Technologies’ ceramics powder product portfolio and strengthens its innovative work on thermal fillers used in thermal interface materials (TIMs). These TIMs are relied on to help manage heat, sustain high performance, and contribute to the longevity of valuable power electronic and battery system applications in markets such as:
- 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
[Boiler plate/description of MT being finalized.]
Media Contact:
William Winans
