Exxon Mobil (XOM) Acquires Materia, Inc

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ExxonMobil Acquires Materia, Inc., a High-Performance Structural Polymers Company

December 7, 2021 11:13 AM EST

Plans to bring Nobel Prize-winning technology to commercial scale New class of hydrocarbon-based materials with performance and sustainability advantages Materials could enable more durable, efficient wind turbine blades for energy transition

IRVING, Texas--(BUSINESS WIRE)-- ExxonMobil Chemical Company 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. The innovative materials can be used in a number of applications, including wind turbine blades, electric vehicle parts, sustainable construction, and anticorrosive coatings.

ExxonMobil and Materia have been... More