Showa Denko completed the acquisition of ILAG Group.

Showa Denko, a chemical company, completed the acquisition of ILAG Group, a specialty non-stick coating chemicals manufacturing company. Financial terms were not disclosed. "ILAG has the fourth largest share in the consumer-goods NSC market of worldwide operating companies, and the second largest share of this segment in Europe. Thus ILAG brand has strong presence in the European market. ILAG’s products are applied not only on consumer goods but also on industrial goods including automotive parts," Showa Denko.