Log in

Register Subscribe
Environmental news and technical  innovation in the nonwovens sector

BUFFALO – Alkegen, one of the largest speciality materials platforms in the world, formed following the merger of Lydall and Unifrax, is obtaining a controlling ownership interest in Luyang Energy-Saving Materials headquartered in Yuquan, Shandong province, China.

Luyang produces energy-saving materials in the fields of ceramic, soluble and alumina fibre and other high temperature insulating materials, and has partnered with Alkegen since 2015.

“From the very start of our partnership with Luyang seven years ago, we have been continuously impressed by the company’s management team and its ability to deliver on financial and commercial performance targets” said John Dandolph, president and CEO of Alkegen. “With this increased investment, we plan to leverage Luyang as our platform in Asia to extend and cross-sell many of Alkegen’s other products and technologies that are core to the strategic direction of our global economy. These include systems that are defining our collective future such as filter media, battery technologies, electric vehicle products and speciality insulation materials.”

Alkegen now has 75 manufacturing facilities operating in 12 countries, with 9,000+ employees globally.

BACK ISSUE ARCHIVE
OTHER PUBLICATIONS FROM MCL NEWS & MEDIA

Weekly e-news bulletin

Latest news direct to your inbox

Interested in advertising?

Simply give us a call

Sales: +44 1977 708488

Or if you prefer email, click on the button below and we'll get back to you asap

 

Why Subscribe?

Sustainable Nonwovens is the print magazine and daily news website for easy insight and analysis from throughout the entire nonwovens supply chain..

Focused on technical innovation and industry best practice, subscribers to SNW enjoy:

You will learn about: