17 Jun 2014 10:25

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June 17, 2014
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Saint-Gobain acquires U.S.-based Phoenix Coating Resources Inc.
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Saint-Gobain has finalized the acquisition of Phoenix Coating Resources Inc., a company based in Mulberry, FL that manufactures ceramic ingots used to produce high-resistance thermal coatings on metal parts for the aeronautics industry. The aim is to improve the energy efficiency of aircraft engines by enabling them to operate at higher temperatures.
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Phoenix Coating Resources Inc. will join Saint-Gobain's Ceramic Materials business. The acquisition will enable Saint-Gobain to expand the range of coating solutions it provides to the aeronautics industry, in alignment with the Group's strategy of strengthening its position in high-performance solutions for growing markets.
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About Saint-Gobain
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes high-performance building materials, providing innovative solutions to the challenges of growth, energy efficiency and environmental protection. With 2013 sales of €42 billion, Saint-Gobain operates in 64 countries and has nearly 190,000 employees. For more information about Saint-Gobain, visit www.saint-gobain.com.
With almost 6,400 employees, Saint-Gobain's Ceramic Materials business has a powerful manufacturing base that includes 65 plants in 18 countries. It manufactures a wide range of high value-added components for industrial markets, including grains and powders, ceramic components, refractories, specialty crystals and associated systems. For more information, visit www.ceramicmaterials.saint-gobain.com/.
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