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Kaneka Corp buys US formulated advanced resin supplier Applied Poleramic

With this, Kaneka makes a full-scale entry into aerospace market

BS B2B Bureau  |  Osaka, Japan 

Corporation has acquired Inc (API), the California-based formulated advanced supplier in the area, for approximately $ 15 million. 

In the area of aerospace, there is a rapid growth for high performance in demanding applications such as engines, hot areas of the aircrafts, rockets and launch vehicles. Due to its superior properties over metal and metal alloys of: weight to strength ratio, heat-resistance and durability, sees high growth potential in this sub-segment compared to the general structural market. “We anticipate this sub-segment to grow more than 10 percent annually within the next 10 years or exceed $ 2 billion in market value,” said Corporation officials.

Established in 1992, API possesses formulated advanced technology used in high performance API has been a strategic supplier of high performance to OEMs and their subcontractors. currently also supplies high performance materials such as polyimide films (Apical) and modifiers (Kane Ace MX) to the same key end customers. sees the acquisition of API as a way of achieving an accelerated synergistic growth through the integration of advanced core technologies from both companies.

After the acquisition of API, will continue to seek M&A and partnership opportunities to further strengthen growth, sales and market position of high performance in the area of By 2025, aims to achieve more than $ 200 million in sales. Growth will be achieved by fully utilising and uniting global resources in corporate research, product research, and product development; located in institutes and research centres throughout Japan and North America.

First Published: Thu, June 29 2017. 15:51 IST
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Kaneka Corp buys US formulated advanced resin supplier Applied Poleramic

With this, Kaneka makes a full-scale entry into aerospace market

With this, Kaneka makes a full-scale entry into aerospace market
Corporation has acquired Inc (API), the California-based formulated advanced supplier in the area, for approximately $ 15 million. 

In the area of aerospace, there is a rapid growth for high performance in demanding applications such as engines, hot areas of the aircrafts, rockets and launch vehicles. Due to its superior properties over metal and metal alloys of: weight to strength ratio, heat-resistance and durability, sees high growth potential in this sub-segment compared to the general structural market. “We anticipate this sub-segment to grow more than 10 percent annually within the next 10 years or exceed $ 2 billion in market value,” said Corporation officials.

Established in 1992, API possesses formulated advanced technology used in high performance API has been a strategic supplier of high performance to OEMs and their subcontractors. currently also supplies high performance materials such as polyimide films (Apical) and modifiers (Kane Ace MX) to the same key end customers. sees the acquisition of API as a way of achieving an accelerated synergistic growth through the integration of advanced core technologies from both companies.

After the acquisition of API, will continue to seek M&A and partnership opportunities to further strengthen growth, sales and market position of high performance in the area of By 2025, aims to achieve more than $ 200 million in sales. Growth will be achieved by fully utilising and uniting global resources in corporate research, product research, and product development; located in institutes and research centres throughout Japan and North America.

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Business Standard
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Kaneka Corp buys US formulated advanced resin supplier Applied Poleramic

With this, Kaneka makes a full-scale entry into aerospace market

Corporation has acquired Inc (API), the California-based formulated advanced supplier in the area, for approximately $ 15 million. 

In the area of aerospace, there is a rapid growth for high performance in demanding applications such as engines, hot areas of the aircrafts, rockets and launch vehicles. Due to its superior properties over metal and metal alloys of: weight to strength ratio, heat-resistance and durability, sees high growth potential in this sub-segment compared to the general structural market. “We anticipate this sub-segment to grow more than 10 percent annually within the next 10 years or exceed $ 2 billion in market value,” said Corporation officials.

Established in 1992, API possesses formulated advanced technology used in high performance API has been a strategic supplier of high performance to OEMs and their subcontractors. currently also supplies high performance materials such as polyimide films (Apical) and modifiers (Kane Ace MX) to the same key end customers. sees the acquisition of API as a way of achieving an accelerated synergistic growth through the integration of advanced core technologies from both companies.

After the acquisition of API, will continue to seek M&A and partnership opportunities to further strengthen growth, sales and market position of high performance in the area of By 2025, aims to achieve more than $ 200 million in sales. Growth will be achieved by fully utilising and uniting global resources in corporate research, product research, and product development; located in institutes and research centres throughout Japan and North America.

image
Business Standard
177 22