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Dow''s talks to buy silicon supplier hinge on court OK.

Publication: American Metal Market
Publication Date: 05-JUN-03
Format: Online
Delivery: Immediate Online Access
Full Article Title: Dow''s talks to buy silicon supplier hinge on court OK.(Dow Corning Corp. and Simcala Inc. are discussing a possible acquisition)

Article Excerpt
NEW YORK -- Dow Corning Corp., Midland, Mich., is in talks with silicon metal producer Simcala Inc. about a possible acquisition. The two sides currently are awaiting bankruptcy court approval before moving forward.

Dow Corning, which has been operating under Chapter 11 bankruptcy protection since 1995, said that an acquisition of Mt. Meigs, Ala.,-based Simcala would join the company with its main supplier. "We are the largest buyer of silicon...

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