H.C. Starck's Fabricated Products sees Bright Future for Tantalum
NEWTON, Mass., July 6, 2018 /PRNewswire/ -- On June 30, 2018 the completed sale of H.C. Starck's Tantalum & Niobium (Ta/Nb) Division to JX Nippon Mining & Metals (JX) in Japan has been announced.
"JX Nippon is an excellent new owner for the Ta/Nb division," says Andreas Mader, CEO of the Fabricated Products Division. "The divestiture of H.C. Starck's Tantalum and Niobium business does not affect the Fabricated Products (FPR) Division's commercial business or operations. With respect to the supply chain relationship between FPR and JX Nippon's Ta/Nb division, we have sufficient long-term agreements in place to ensure a continued supply of tantalum and niobium conflict-free raw materials to support our customers. The change gives FPR the independence to diversify and strengthen our raw material supply chain. We are very enthusiastic about our future and look forward to having increased flexibility in supporting our customers with the highest quality fabricated products."
The Fabricated Products Group (FPR) is a wholly-owned division of H.C. Starck and a leading supplier of high performance products to a wide variety of global industries. As experts in the manufacture and application of our core technology refractory metals – molybdenum, niobium, tantalum and tungsten, we utilize the outstanding properties of these materials to provide solutions to thermal, electrical, radiation, and chemical challenges.
About H.C. Starck www.hcstarck.com
The H.C. Starck Group is an international leading supplier of refractory technology metals and technical ceramics, supplying growth industrial sectors such as the electronics sector, the chemical industry, medical technology, aviation and aerospace, energy and environmental technology, and machine and tool building from its own production locations in Europe, America and Asia. In 2016 the company employed approximately 2.600 people in the USA, Canada, the UK, Germany, China, Japan and Thailand.
SOURCE H.C. Starck
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