CLEVELAND--(BUSINESS WIRE)--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). TIMs are relied on to help manage heat, sustain high performance, and contribute to the longevity of valuable power electronic and battery systems for:
- Electric vehicles (EV)
- Artificial intelligence
- Renewable energy
- Consumer electronics
- Telecommunications
“As a result of this strategic acquisition, customers will benefit from the increased breadth of our ceramic powder portfolio and our ability to offer more innovative solutions to address their key challenges,” said Mark A. Wolf, President and Chief Executive Officer, Momentive Technologies. “We continue to build on our global leadership in advanced materials innovation and performance and are well positioned 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.
