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Umicore has reached an agreement to acquire Materia's metathesis catalyst IP and business portfolio for USD 27 million. Materia is a US-based producer of metathesis catalysts and thermoset resins.
OpenGate Capital completed the acquisition of Umicore Zinc Chemicals from Umicore and renamed the business EverZinc. EverZinc has operations in Belgium, Netherlands, Norway, China and Malaysia, with over €400 million annual revenue.