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On April 14, Aiken Corporation, an overseas company owned by China Blue Star (Group) Co., Ltd., announced that it had completed its acquisition of Guangdong Polymer Technology Co., Ltd. This acquisition will help to bring into play the synergies between the two companies in silicone product technology and the end market, laying a solid foundation for Aiken's professional development in China and around the world.
acquisition will provide a broad platform for the global development of polymer technology, and the addition of polymer technology will also promote Aiken to become a more attractive supplier to the global food and medical grade silicone industry, strengthening Aiken's position in the domestic specialty silicone sector
Aiken is one of the world's leading suppliers of silicon-based materials, with production centers, research and development bases and sales networks around the world, covering the entire value chain, from silica, quartz to specialty silicones, as well as leading market positions in a wide range of foundries and carbon materials.
Polymer Technology is China's leading producer of silicone elastomers and resin materials, headquartered in Zhongshan City, Guangdong Province, with two factories and a research and development center, with more than 350 employees and total operating income of 624 million yuan in 2019.
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