GE Silicones (Waterford, NY), the US1.4-billion/year silicones business of GE Specialty Materials, has set its sights on US2-billion/year in sales by 2005. GE Silicones is investing heavily in Asia, and forecasts US50 million/year in sales from China alone within three to five years.Elsewhere, the business is focusing opportunities in high-growth areas, such as personal care and electronics. GE Silicones has an estimated 25% of the global silicones market, second behind market leader Dow Corning, which has just under 40%, analysts say.
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