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
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