Armacell acquires full ownership of AJA aerogel joint venture
Armacell has acquired all JIOS shares in Armacell JIOS Aerogels Limited (AJA), making it a wholly-owned subsidiary. AJA operates a manufacturing facility in Cheonan, South Korea with over 700 tonnes annual capacity.
Capacity
over 700 tonnes of aerogel powder per year
Productssilica aerogel productsArmaGel insulation
“This acquisition acknowledges the success of the joint venture that began eight years ago.”aap.com.au
- 3 sources
- aap.com.auArmacell will take complete ownership of the successful aerogel joint venture, AJA, following an agreement with JIOS Aerogel | AAPSep 2, 2024
- jiosaerogel.comArmacell Will Take Complete Ownership of the Successful Aerogel Joint Venture, AJA, Following an Agreement with JIOS Aerogel - Jios AerogelAdminSep 2, 2024
- business-news-today.comArmacell takes over JIOS Aerogel’s stake in AJA to strengthen AerogelPallavi MadhirajuSep 3, 2024
Summarized from public sources; check the original articles before acting on it.
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