PARIS (March 1)—French rubber trading company Safic Alcan has sold its silicone compounding activities to the French subsidiary of German silicone and fluoroelastomer processor Silcomp Germany GmbH.
Martial Lecat, director general of Safic, said the move allows Safic to concentrate on its distribution activities and ensure there is no conflict of interest with customers that might be compounders.
Lecat told customers in a letter that he had every confidence they would experience the same high levels of service they had come to expect from the silicone compounding unit.
Silcomp France S.A. is a subsidiary of Silcomp Germany, a processor and compounder of silicone and fluoroelastomers in Germany, according to the Safic statement.