Well the probability that the EGT is is SGL is very high, but as far as I know SGL wanted to sell their division with graphite electrodes because of the weak steal market.
ChemChina was interested and was then bidding for the whole SGL Group, but they do not want to sell the whole company.... check the register:
Column 1 Column 2 0 SKion GmbH 27,46% 1 BMW AG 18,44% 2 Volkswagen AG 9,88% 3 Voith GmbH 5,00%
SKion is Susanne Klatten, she also owns 12,5% of BMW, BMW and SGL have a JV for carbon fibre in USA and they need carbon fibre for their 7 series and electric cars....
Now VW is another shareholder of SGL, VW plans a huge battery plant in Northern Germany and they will need some graphite for sure.
I think they will sell the division with graphite electrodes but never their stake in the company, because it is an strategic investment, which will pay them big in the future and they know it.
Gappy Days, page-45
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