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Mersen — Regulatory Filings 2011
Jun 7, 2011
1518_iss_2011-06-07_d2cfe0ba-487d-42e9-b15a-dcc9bd3a5173.pdf
Regulatory Filings
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Paris, June 7, 2011
Mersen announces agreement with Corning SAS to serve the chemicals/pharmaceuticals market
Mersen has signed a long-term agreement with Corning SAS, a France-based subsidiary of Corning Incorporated, covering the manufacture of ceramic continuous flow reactors for the specialty chemicals and pharmaceuticals sectors as well as the Oil and Gas industry.
Under this agreement, Mersen will develop advanced technology ceramic chemical reactors for continuous flow systems via its Boostec subsidiary, which it acquired at the beginning of 2010.
Corning SAS's expertise in the design of glass continuous flow systems, coupled with Mersen/Boostec's technological know-how in ceramics will pave the way for the launch of unique and innovative new products. The new reactors represent a genuine breakthrough because they will help to reduce the number of production stages and enhance chemical reactions, allowing them to take place in more compact and safer industrial facilities. These equipments produced by the Corning/Mersen alliance will be competitive for the industrialscale production of chemical and pharmaceutical products.
Luc Themelin, a member of Mersen's Management Board, commented: "We are delighted about this major venture with Corning, a company well-known for its cutting-edge technologies and innovation. Our collaboration should lead to a technological breakthrough in specialty chemicals and pharmaceuticals thanks to our ability to conduct joint developments with leading industry players."
The signature of this agreement also illustrates the relevance of Mersen's strategy of acquisitions based on strategic decisions intended to consolidate its positions in upbeat markets, while extending its high value-added product range and its ability to innovate.
Paris, June 7, 2011
About Mersen
Global expert in materials and solutions for extreme environments as well as in the safety and reliability of electrical equipment, Mersen designs innovative solutions to address its clients' specific needs to enable them to optimize their manufacturing process in sectors such as energy, transportation, electronics, chemical, pharmaceutical and process industries.
About Corning Incorporated
Corning Incorporated (www.corning.com) is the world leader in specialty glass and ceramics. Drawing on more than 150 years of materials science and process engineering knowledge, Corning creates and makes keystone components that enable high-technology systems for consumer electronics, mobile emissions control, telecommunications and life sciences. Our products include glass substrates for LCD televisions, computer monitors and laptops; ceramic substrates and filters for mobile emission control systems; optical fiber, cable, hardware & equipment for telecommunications networks; optical biosensors for drug discovery; and other advanced optics and specialty glass solutions for a number of industries including semiconductor, aerospace, defense, astronomy and metrology.
The Group is listed on NYSE Euronext Paris – Compartment B
Visit our website www.mersen.com
Analyst and Investor Contact Press Contact Stéphanie Atellian Vilizara Lazarova VP Investor Relations Mersen Publicis Consultants
Tel. + 33 (0)1 46 91 54 19 Tél. +33 (0)1 44 82 46 34
Email: [email protected] Email: [email protected]