Materia inc. to join exxonmobil chemical company as wholly-owned subsidiary

Pasadena, calif.--(business wire)--materia, inc., a high-performance structural materials company that has pioneered the development of a nobel prize-winning technology for making a new class of polymers, today announced that it has been acquired by exxonmobil chemical company, a division of exxonmobil corporation (nyse: xom). this acquisition couples materia's nobel prize-winning technology with exxonmobil's complimentary proprietary processes and world-class manufacturing capabilities to brin
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