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). Following the closing of the transaction, approximately 900 employees and six production sites in Germany, Austria, Spain, USA, and Malaysia will be transferred from SGL Group to their new owner.
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