Materials/Manufacturing

Elantas Acquires Von Roll to Emerge as Giant Provider of Electrical Insulation & Encapsulants for e-Mobility and Electrification Manufacturing 

With its acquisition of Von Roll, chemicals giant Altana’s encapsulation and insulation subsidiary Elantas emerges as a more powerful than ever supplier to the e-mobility and electrification manufacturing market. In late September, Elantas GmbH, a subsidiary of the specialty chemicals group Altana AG, finalized the purchase of a majority stake in Von Roll Holding AG that amounts to almost 89% of the company.  […]

Materials/Manufacturing

Cyclic Materials Raises $27M to Scale Recycling Technology, Links up with Solvay and Arnold 

Creating a Circular Supply Chain for Rare Earth Elements and Critical Materials 

Cyclic Materials, a Canadian advanced metals recycling company focused on producing critical materials, today announced it has raised $27 million in an oversubscribed Series A financing. The money is flowing in quickly after accomplishing its first production run of rare earth magnetic material and forging a string of partnerships with magnetics industry notables. These include chemicals giant Solvay which is planning to build a major rare earths magnet operation in Europe, and Arnold Magnetic Technologies (see related article), among others. […]

Materials/Manufacturing

MP Materials & Sumitomo Forge Rare Earth Supply Pact for Japan; MP Continues Dramatic Growth 

MP Materials and Sumitomo Corporation have forged a rare earths supply agreement which they say will diversify and strengthen rare earth supplies in Japan. Under the agreement, announced February 21, Sumitomo will serve as the exclusive distributor of NdPr oxide produced by MP Materials to Japanese customers. Further, the companies will collaborate on the supply of rare earth metals and other products.  […]