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Chemical Week Magazine :: Business & Finance :: United States/Americas

Evonik acquires Silbond, a producer of silicic acid esters

6:02 AM MDT | March 14, 2014 | —Natasha Alperowicz

Evonik Industries has acquired Silbond (Weston, MI), a leading supplier of silicic acid esters. The purchase price was in the mid-double-digit million-euro range. Silicic acid esters are used in a wide range of applications, including electronics and coatings. Silbond makes tetraethoxysilane (TEOS), the most important silicic acid ester. “Silbond has aligned its specialty product portfolio to attractive growth markets. With the acquisition of the company, we are further strengthening our leading position as a whole with regards to silanes and are improving...

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