Showa Denko K K : SDK Completes Acquisition of ILAG Group, Global Non-stick Coatings Manufacturer
July 01, 2019 at 07:33 pm EDT
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Showa Denko K.K.
July 2, 2019
Showa Denko K.K. (SDK) announces that, on July 1, 2019, it completed acquisition of all shares in ILAG Industrielack AG, which leads the ILAG Group, a specialty non-stick coating chemicals manufacturing and sales company headquartered in Wangen, Switzerland. As a result, the ILAG Group has become a consolidated subsidiary of SDK.
[Outline of ILAG Industrielack AG]
1)Company name:ILAG Industrielack AG2)Scope of business:Manufacturing and sale of nonstick-coating chemicals applicable both to consumer goods and industrial goods3)Establishment:December 19554)Head office:Wangen, Switzerland5)Representative:Hans-Georg Geisel, CEO6)Production bases:Wangen, Switzerland; Shanghai, China
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Showa Denko KK published this content on 02 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2019 23:32:09 UTC
Resonac Holding Corporation (formerly Showa Denko KK) is a holding company organized around 7 family of products:
- materials (43.8% of net sales): electronics materials (epoxy molding compounds, die bonding materials, CMP slurries, anisotropic conductive films), printed wiring board materials (copper-clad laminates, photosensitive dry films), mobility components (plastic molded products, friction materials, powder metal products, carbon anode materials for LIBs), energy storage devices and systems (automotive and industrial batteries), and life sciences (diagnostics, contracted manufacturing of regenerative medicine products);
- petrochemical products (19.6%): olefins (polyethylene, polypropylene) and organic chemical products (vinyl acetate monomer, ethyl acetate and plastics);
- chemical products (12.9%): caustic soda, chlorine, liquid ammonia, amino acids, polymers, gas (oxygen, nitrogen, hydrogen), etc.;
- electronic components (8.3%): hard disks, semiconductors components, magnetic components, etc.;
- inorganic products (7.1%): ceramics and carbons (graphite electrodes);
- aluminum products (5.3%): aluminum foils, extruded products, forged products, cans, etc.;
- other (3%).
Net sales break down geographically as follows: Japan (53.4%), China (12%), Asia (20.6%) and other (14%).
RESONAC HOLDING CORPORATION 
