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ExxonMobil acquires Materia Inc. · Endata

◂ Announcements

Dec 10, 2021ACQUISITIONPasadena, California, United States

ExxonMobil acquires Materia Inc.

ExxonMobil Chemical Co. acquired California-based Materia Inc., a technology company specializing in Nobel Prize-winning hydrocarbon-based structural polymers, for use in wind turbine blades, EV parts, and construction.

Status

Completed

Productshigh-performance structural polymershydrocarbon-based materials

CompaniesExxonMobil Chemical acquirer Materia target

Sectors#Specialty Chemicals #Plastics and Polymers

“ExxonMobil Chemical Co. has acquired California-based Materia Inc. a technology company that has pioneered the development of a Nobel prize-winning technology for manufacturing a new class of materials”compositesworld.com

3 sources
compositesworld.comExxonMobil acquires high-performance structural polymers company Materia Inc. | CompositesWorldGrace StubbinsDec 10, 2021
plasticstoday.comExxonMobil Acquires Nobel Prize-Winning Composites FirmStephen MooreDec 10, 2021
cen.acs.orgExxonMobil buys Grubbs catalyst plastics firm MateriaCraig BettenhausenDec 17, 2021

Summarized from public sources; check the original articles before acting on it.

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