Posted in | News | Business

Rogers Corp Buys Silicones Business

May 4 2009

Related Stories

Rogers Corporation (NYSE: ROG) announced today that on April 30, 2009, it completed the transaction on the previously announced intent to acquire certain assets of MTI Global Inc.'s (Toronto: MTI.TO) silicones business for US $7.4 million. These assets include product lines, technology, and manufacturing equipment at MTI Global Inc.'s Bremen, Germany and Richmond, Virginia, USA, plant locations.

Robert D. Wachob, Rogers' President and CEO commented; "I am pleased to complete this acquisition as it provides the Company with opportunities to grow our current high performance silicone products and expand on the newly acquired technologies. This will enhance our portfolio of innovative materials solutions into existing and new markets to assist in the overall growth of the Company."

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback