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PVA TePla AG: Silicon carbide (SiC) - Strategic development of the PVA TePla Group

·2-min read

DGAP-News: PVA TePla AG / Key word(s): Investment
02.11.2020 / 11:25
The issuer is solely responsible for the content of this announcement.

Silicon carbide (SiC)

Strategic development of the PVA TePla Group

 

The PVA TePla Group has concluded a cooperation agreement with the medium-sized high-tech company MPA Industrie SA located at Saint Jean Bonnefonds (France) for the further strategic development of the attractive technology field of silicon carbide (SiC).

This cooperation will further expand the know-how in the process technology of SiC components and coatings as well as the worldwide marketing of the equipment.

In this way, the PVA TePla Group is strengthening its position in growth markets such as SiC structural components for a wide range of applications in the semiconductor industry, for ceramic matrix composites in the aircraft and aerospace industry and thin SiC-layers for components used in renewable energies, among others.

SiC is massively gaining importance due to its exceptional temperature resistance, high degree of hardness and low weight, especially for high-performance components and SiC coatings.

As part of this cooperation, PVA TePla AG has acquired a minority stake in MPA Industrie SA.

About PVA TePla

PVA TePla develops and builds - as a world leading specialist - crystal growing systems and quality inspection systems for the semiconductor industry. Vacuum and high-temperature systems for the industry round off the profile.

About MPA Industrie

MPA Industrie is a specialist for processes and equipments on advanced coating materials like SiC with huge growth potential in fast developing markets particularly in the aerospace, semiconductor and renewable energy industry.

For further information, please contact:
Dr. Gert Fisahn
Investor Relations
PVA TePla AG
Phone: +49(0)641/68690-400
gert.fisahn@pvatepla.com
www.pvatepla.com


 


02.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

PVA TePla AG

Im Westpark 10-12

35435 Wettenberg

Germany

Phone:

0641/686900

Fax:

0641/68690800

E-mail:

info@pvatepla.com

Internet:

www.pvatepla.com

ISIN:

DE0007461006

WKN:

746100

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1144627


 

End of News

DGAP News Service

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