Ferro sells solar pastes; investors critique management

Quinn: Taking a seat on Ferro’s board? Ferro has sold its solar pastes business to Heraeus (Hanau, Germany), a privately held precious metals technology company, for an undisclosed sum, the company says. The deal completes a strategic review of the business that was announced in October. The sale “will eliminate approximately $17 million of negative drag on operating earnings from the solar pastes business,” says Ferro interim CEO Peter Thomas. The sale will also reduce Ferro’s debt by $11 million and its precious metals consignment...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers