| H.C. Starck Canada Inc. defers investment
Sarnia, ON - 2009-02-19 Thursday – February 19, 2009
In summer last year, H.C. Starck Canada commenced an investment project totaling several million dollars in order to expand capacity of the production plants in Canada.
On account of the cooling off currently being experienced by the economic climate and the resulting decline in demand – also on the North American tungsten powder market – the investment program has now been suspended. “We can cover current requirements from our existing plants in Canada and in Europe,“ said Dr. Thomas Eizenh�fer, head of HMC Business Unit, to the press. “As soon as demand picks up again, we will restart the investment activities in good time."
Established in 1996, H.C. Starck Canada currently produces fine grade tungsten and tungsten carbide powders, and employs more than 30 people.
H.C. Starck is an international group of companies with more than 3,200 employees at 13 production sites in Europe, North America and the Far East. It generated sales of 905 million euros in 2007. The Group produces an assortment of refractory metal powders that is unique the world over, including tungsten, molybdenum, tantalum, niobium, rhenium as well as their compounds (borides, carbides, nitrides, oxides, silicides, sulfides). Further production capacities focus on thermal spray and advanced ceramic powders, nonferrous metals, such as nickel and cobalt and their salts, as well as boron and boron compounds. In addition to metal and advanced ceramic powders, semi-finished and finished products are also manufactured. H.C. Starck is also a leading supplier of specialty chemicals and products formulated for the electronics industry.
Contact: Carol Gilmurray
H.C. Starck Canada Inc.
Sarnia/Ontario
Phone 519 346-4358
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