Lanxess and DSM Engineering Materials Venture Launched as ‘Envalior’

A new major global engineering materials entity, ‘Envalior’, emerged April 1, 2023, bringing together two highly complementary  industry leaders DSM Engineering Materials (DEM) and Lanxess High Performance Materials (HPM) – under the ownership of global private equity firm Advent International and specialty chemicals company Lanxess. The latter holds about 40% and Advent about 60% of the joint venture.Envalior builds on a 100-year track record of customer-focused innovation and a strong global footprint in Asia, Europe, and the US, and will offer its customers a unique portfolio of leading product brands and recycled and bio-based materials, combined with deep application and materials expertise. The company’s high-performance solutions enable the transformation of key industries, such as automotive and new mobility, electronics and electrical, and consumer goods sectors and include well-known brands:

 ▪  Akulon, Durethan, and Novamid nylons 6 and 66

 ▪  Arnite PET and PBT and Pocan PBT

 ▪  Stanyl nylon 46

 ▪ Ecopaxx nylon 410

 ▪ Fortii 4T PPA

 ▪ Arnitel TPC

 ▪ Xytron PPS

 ▪  Composite Tepex

 ▪ Glass fiber and caprolactum

The new corporate brand reflects a combination of characteristics that best summarizes Envalior’s ambition: EN (engaging, enterprising, engineering, environment) and VALIOR (value-driven and value-creating). Said Envalior CEO Calum MacLean, “Our new company’s product portfolio includes some of the most recognizable product brands in our industry, and we are a leading supplier to a number of key industries. By combining two highly complementary businesses, we have created a true industry leader that will realize value and drive progress for our customers, our employees, our shareholders, and society as a whole.” He also underlined that the company will continue the focus on sustainable solutions first started at DEM and HPM, building on its strong track record of innovating at the forefront of changing market dynamics and evolving customer needs focusing on sustainability. “We will be known for our highly collaborative and pioneering spirit. Moving forward, we will continue to drive carbon efficient and circular technology within our industry to enable sustainable solutions across the value chain.”