Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • Technical paper: Varying Si-substituents for rubber silanes
      White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
February 07, 2017 12:00 AM

Rogers acquires US silicone manufacturer

Shahrzad Pourriahi
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Rogers, Connecticut – Rogers Corp. has acquired Diversified Silicone Products Inc. (DSP), a custom silicone product development and manufacturing business, in a deal that closed on 6 Jan.

    Rogers said in a news release that DSP expands its elastomeric material solutions business in cellular sponge and speciality extruded silicone profile technologies. The deal also strengthens its existing presence in precision-calendered silicone and silicone formulating and compounding.

    Terms of the deal were not disclosed, but Rogers said 12-month trailing revenues for DSP were about $20 million (€18.5 million).

    "The acquisition of Diversified Silicone Products, Inc., in combination with our recent DeWAL acquisition, demonstrates continued execution on our strategy to extend our engineered materials platforms, with the acquired companies generating approximately $70 million of annual revenues in total," Bruce Hoechner, president and CEO of Rogers, said in a statement.

    "DSP provides additional silicone growth opportunities, adding solid silicone sheet and custom extruded profile product offerings, and will contribute additional revenues in attractive vertical end markets including aerospace, general industrial and life sciences. We look forward to creating significant value for our shareholders and customers with a successful integration in the months ahead," he added.

    Rogers produces engineered materials for high-performance solutions that enable clean energy, internet connectivity, and safety and protection applications.

    RECOMMENDED FOR YOU
    Bridgestone unveils major upgrade at off-road tire plant 
    Bridgestone unveils major upgrade at off-road tire plant 
    ETRMA adding Nexen Tire Europe, tire organisations as new members
    ETRMA adding Nexen Tire Europe, tire organisations as new members
    Sentury to build tire storage and experience centre
    Sentury to build tire storage and experience centre
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. 
    European Rubber Journal is published bi-monthly by NUERJ Ltd.

    Registered Office: Castle House, 89 High Street,
    Berkhamsted, Hertfordshire HP4 2DF, United Kingdom. 

    Tel. + 44 (0)203 196 0141 

    Registered No. 13104613 England

    Email: [email protected]

    Website www.european-rubber-journal.com

    Customer service 

    Tel. + 44 (0)203 196 0141 

     

    Resources
    • About us
    • Contact Us
    • Advertise with Us
    • Media Kit
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 2021. NUERJ LTD. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac