SGL Group to sell graphite electrode business to Showa Denko for €350M; focusing on carbon fiber and graphite
Green Car Congress
OCTOBER 20, 2016
SGL Group, a leading manufacturer of carbon-based products and materials, will sell its graphite electrode (GE) business to Showa Denko (Japan). Closing is expected in the first half of 2017. The final proceeds will be determined based on the balance sheets at closing.
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