Armacell acquires full ownership of Armacell JIOS Aerogels Limited from JIOS Aerogel.
Armacell has acquired full ownership of Armacell JIOS Aerogels Limited from JIOS Aerogel, ending a successful joint venture formed in 2016. AJA, based in South Korea, specializes in silica aerogel production, with a capacity exceeding 700 tonnes annually. This acquisition allows Armacell to enhance its aerogel operations, while JIOS will shift its focus to developing aerogel solutions for electric vehicle batteries.
7 months ago
8 Articles
Articles
Further Reading
You have 8 free stories remaining this month. Subscribe anytime for unlimited access.