GrafTech acquires Seadrift Coke and C/G Electrodes
Published: Wednesday, 01 December 2010
US graphite supplier gains coke and electrode units, pursues speciality markets
US natural and synthetic graphite supplier, GrafTech International Ltd, has acquired Seadrift Coke LP, the worlds second largest producer of petroleum-based needle coke, and C/G Electrodes LLC, a US-based graphite electrode producer.
To finance the acquisitions, GrafTech issued 24m. shares of common stock, used $86m. in...