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A top joint venture for engineering materials created

A top joint venture for engineering materials created

News 05.04.2023

Envalior, a global engineering materials business, celebrates its official launch as a new company. With a turnover of around EUR 4 billion, and a highly skilled, diverse global workforce of around 4,000 employees worldwide, Envalior ranks among the top engineering materials companies globally.

Envalior emerges from the combination of two highly complementary industry leaders in engineering materials – DSM Engineering Materials (DEM) and LANXESS High Performance Materials (HPM) – under the ownership of global private equity firm Advent International and specialty chemicals company LANXESS.

The new company builds on a 100-year track record of customer-focused innovation and a strong global footprint in Asia, Europe, and the US, and will offer its customers a unique portfolio of leading product brands and recycled and bio-based materials, combined with deep application and materials expertise. The company’s high-performance solutions enable the transformation of key industries, such as automotive and new mobility, electronics and electrical, and consumer goods sectors.

The new corporate brand reflects a combination of characteristics that best summarizes Envalior’s ambition: EN (engaging, enterprising, engineering, environment) and VALIOR (value-driven and value-creating).

A trusted partner to the automotive sector, Envalior delivers materials for lightweight elements that replace metals, e.g. in structural parts, allowing for essential CO2 emissions savings. Envalior also paves the way for e-mobility as its materials are used in battery and charging systems, electronic control systems, power electronics and many other automotive applications. Envalior’s high-performance solutions are also broadly used in the Electrical & Electronics industry, such as in smartphone components and a variety of consumer goods. The company consists of three global divisions: Performance Materials, Specialty Materials, and Intermediates.

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