# Severstal acquires Synthesis PKG, a carbonyl iron powder manufacturer

PAO Severstal closed a deal to purchase 100% of OOO Sintez-PKG and OOO Synthesis PP, the only Russian and CIS producer of carbonyl iron powders. The acquisition adds a new vector for electronics markets.

- Type: Acquisition
- Announced: 2020-03-16
- Where: Dzerzhinsk, Nizhny Novgorod region, Russia
- Status: completed
- Capacity: 1,500 tons per year
- Products: carbonyl iron powders
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Severstal](https://endata.com/companies/1170.md) (acquirer)
- [Sintez-PKG](https://endata.com/companies/45935.md) (target)
- [Synthesis PP](https://endata.com/companies/45936.md) (target)

## Sources

- [metallurgprom.org](https://metallurgprom.org/en/press-releases/3593-severstal-priobrela-proizvoditelja-poroshkov-karbonilnogo-zheleza-sintez-pkzh.html), 2020-03-16: "This investment reflects our focus on two strategic priorities the company – 'what's New' and 'Excellent customer experience'."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.