HANAU, Germany, December 1, 2010 /PRNewswire/ -- By acquiring H.C. Starck's Conductive Polymers Business Group, Heraeus is engaging in targeted expansion of its product portfolio as the world's leading provider of high-quality coating materials for important growth markets in the electronics industry. The range of products sold under the brand name Clevios(TM) will be expanded with new, innovative, and customer-specific applications for functional coatings, especially in the electronics, display, glass, and solar industries.
Dr. Roland Gerner, CEO of the Heraeus Precious Metals Business Group, is optimistic about the rapidly growing electronics markets. "The Clevios(TM) product portfolio represents an essential component in the long-term expansion of Heraeus' leading technological position in the market. We are opening up completely new approaches in the important growth markets in the electronics industry for our customers around the world and bringing to market innovative metallic and organic materials that enable unique, client-specific solutions thanks to their combination of high conductivity, transparency, and ease of processing."
The Clevios(TM) product portfolio includes liquid polymer chemicals for anti-static and conductive coatings, screen coatings, plastics, and conductive polymer coatings, each tailored to specific applications (such as organic LEDs or as electrodes in capacitors).
The transfer of Clevios to Heraeus, announced in early September, was completed on December 1, 2010. Both parties have agreed to keep the purchase price confidential. At Heraeus, Clevios is being integrated into the Heraeus Precious Metals Business Group as the Conductive Polymers Division. The advantages of the well-established international organization will provide tremendous benefit to customers, the majority of whom are located in China, Japan, and Korea.
Heraeus, the precious metals and technology group headquartered in Hanau, Germany, is a global, private company with over 155 years of tradition. Our businesses include precious metals, materials and technologies, sensors, biomaterials and medical products, as well as dental products, quartz glass, and specialty light sources. With product revenues of EUR 2.5 billion and precious metal trading revenues of EUR 13.6 billion, as well as more than 12,300 employees in more than 110 subsidiaries worldwide.
For additional information, please contact: Martina Rauch Vice President of Corporate Communications Heraeus Holding GmbH Heraeusstrasse 12-14 63450 Hanau, Germany T: +49(0)6181-35-5100 email@example.com http://www.heraeus.com For product information, please contact: John Bayley Heraeus Clevios GmbH Chempark Leverkusen, Building B 202 51368 Leverkusen, Germany T +49(214)30-26718 F +49(214)30-56284 firstname.lastname@example.org http://www.clevios.com
SOURCE Heraeus Holding GmbH