J.M. Huber Corp. to Acquire Biolchim Group
Biolchim Group will become part of Huber Engineered Materials
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Biolchim Group will become part of Huber Engineered Materials
J.M. Huber Corporation Signs Agreement to Acquire the Biolchim Group From NB Renaissance, Chequers Capital and Management Team GlobeNewswire August 08, 2022 ATLANTA, Aug. 08, 2022 (GLOBE NEWSWIRE) -- J.M. Huber Corporation (Huber)—a global, family-owned specialty engineered materials manufacturing company—announced today that it has signed a binding agreement to acquire full control...
Purchase to enhance additive business for elastomers, thermoplastic materials
Huber Engineered Materials (HEM) has strengthened its position in the fire retardant additives market with the acquisition of Magnifin Magnesiaprodukte GmbH & Co. KG, formely a 50/50 joint venture with RHI Magnesita.
Magnifin products are sold globally by Martinswerk GmbH as part of the HEM Fire Retardant Additives (FRA) strategic business unit, which produces a wide range of halogen-free fire retardants, smoke suppressants and specialty aluminum oxides.Based in Breitenau, Austria, Magnifin has been producing premium magnesium hydroxide (MDH) products since 1990. Magnifin®…