Raw Materials

14th Sep 2022

Mativ has announced the relocation of its headquarters to a new location in Georgia. Mativ is a manufacturer of critical components and engineered solutions, the result of the successfully completed merger between Neenah and SWM International. The move will enable the company to further enhance its employee experience, innovation and customer support.

9th Sep 2022

Material design firm Techmer PM, LLC has announced that it has received a majority investment from Gryphon Investors, a middle-market private equity firm. Techmer PM's founder John Manuck, the company’s management team, and SK Capital, a private investment firm, will remain investors in the company alongside Gryphon. The terms of the deal were not...

23rd Aug 2022

Alkegen, a specialty materials platform that provides high performance materials used in advanced applications including filtration media, battery technologies, high temperature insulation and fire protection, has announced expansion efforts aimed at increasing its total micro-fine glass fibre (MFGF) manufacturing capacity by 30 per cent.

10th Aug 2022

Germany’s Covestro has signed an agreement to sell its additive manufacturing business to Stratasys. The selling price amounts to approximately €43 million. In addition, there is a potential earn-out of up to €37 million, which is subject to the achievement of various performance metrics. The transaction is planned to be closed in the first quarter of...

5th Aug 2022

Sales of SGL Carbon for the first half of fiscal 2022 amount to €549.8 million, which corresponds to a sales plus of €53.1 million or 10.7 per cent compared to the same period of the previous year. After €270.9 million in the first quarter of fiscal 2022, SGL Carbon was able to increase sales to €278.9 million in the second quarter of fiscal 2022.

28th Jul 2022

Natural cosmetics company Naturamus has teamed up with the University of Hohenheim to grow suitable lavender varieties in the Swabian Alps in Germany and devise eco-friendly ways to extract essential oil from them. Research is also underway for developing ways to recycle large quantities of residual materials to produce composite fibres and textiles.

28th Jul 2022

Insempra, a biology-powered company enabling businesses to make superior products in partnership with nature which is headquartered in Germany, has announced a strategic investment in Solena Materials, a synthetic biology company. Solena, a spin-out from Imperial College London, develops synthetic proteins for high-performance clothing fibres.

28th Jul 2022

Ashland posted sales of $644 million in the third quarter of 2022, up 19 per cent versus the prior-year period. Each of the company’s reportable segments achieved double-digit sales growth. The year-over-year sales growth was driven primarily by disciplined pricing leading to cost recovery in a high-inflation environment and improved product mix.

27th Jul 2022

Multinational industrial conglomerate Dangote Industries Limited has announced that its $2 billion plant in Lagos, which has the potential to position Nigeria as one of Africa’s largest petrochemical hubs, is at an advanced stage of completion. The plant is anticipated to be the biggest single train greenfield petroleum refinery in the world.