Saint-Gobain acquires Phoenix Coating Resources
Saint-Gobain has finalized the acquisition of Florida-based Phoenix Coating Resources, the companies confirmed on Tuesday.
Phoenix manufactures ceramic ingots used to produce high-resistance thermal coatings on metal parts for the aeronautics industry
. The aim is to improve the energy efficiency of aircraft engines by enabling them to operate at higher temperatures.
Phoenix Coating Resources will join Saint-Gobains ceramic materials business. The acquisition will enable Saint-Gobain to expand the range of coating solutions it provides to the aeronautics industry
, in alignment with a company strategy of strengthening its position in high-performance solutions for growing markets
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