Neo Performance Materials Archives

Materials/Manufacturing

Neo Reports 10% Drop in Demand for Its Magnequench Powders, Revenues Decline 21%

January 13, 2020 Editorial Staff Comments Off

Neo Performance Materials reports a 21% drop in revenues and a 10% volume drop for its Magnequench business unit over the nine months ending September 30. Considered a bellweather for the market in rare-earth magnetic […]

Neo Magnequench Facility Named as Top 100 Manufacturer in Tianjin, China

October 16, 2019 Editorial Staff Comments Off

Neo Performance Materials Inc.’s Neo Magnequench facility in Tianjin, China has been named as a “Top 100” manufacturing enterprise in Tianjin by the Tianjin Enterprise Association. Tianjin is a major manufacturing and industrial hub in China, with […]

Materials/Manufacturing

Neo Performance Materials Purchases Samag Magnet Manufacturing Facility near Shanghai; Reports Lower Revenues for First Half of 2019

September 10, 2019 Editorial Staff Comments Off

Neo Performance Materials Inc. has acquired a magnet manufacturing plant near Shanghai for $9.7 million where it will produce compression molded magnets using its Magnequench Neodymium-Iron-Boron (NdFeB) powders. Separately, the company reports that it experienced an […]

Molycorp, Inc. Emerges from Chapter 11 as Neo Performance Materials

September 17, 2016 Editorial Staff Comments Off

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