Huber completes Magnifin acquisition

Huber Engineered Materials (HEM) has completed its acquisition of joint venture Magnifin Magnesiaprodukte GmbH.

Magnifin, which manufactures magnesium oxide and hydroxide powders, was previously part owned by Huber and refractory metals specialist RHI Magnesita.

The powders are halogen-free fire retardants which can be used in a range of polymer applications such as thermoplastic materials and elastomers requiring high processing temperatures in excess of 300°C.

“This transition is a strong strategic fit with HEM’s mission to own and operate specialty chemical and mineral companies with market leading positions,” says Dan Krawczyk, President of Huber Engineered Materials.

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