European Coatings Journal - 15.07.2019 | TOP INDUSTRY MOVE

SHOWA DENKO BUYS ILAG

The change of ownership will be completed within the next months. Non-stick coating (NSC) chemicals are used on consumer goods such as cookware, bakeware, and home electrical appliances, and also on industrial goods including automotive parts and other industrial equipment. The global market for non-stick coating chemicals is put at about USD 1.2 billion a year (SDK's estimate for 2019). Ilag supplies its non-stick coatings in both the field of consumer goods and industrial goods. Its major customers are many of the leading cookware manufacturing companies and automotive manufacturers in Europe and the World. Ilag has been steadily increasing sales ...
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