Energy & Power
The companies featured on PressReleaseFinder are active in several industries.
10 Jun 2025
Mavel Powertrain selects Syensqo’s advanced materials for new high voltage e-motor
Syensqo, a leader in advanced materials and specialty chemicals, is proud to announce that its innovative Ajedium™ PEEK (polyetheretherketone) slot liners and slot wedges and KetaSpire® PEEK magnet wire insulation have been selected by Mavel Powertrain for integration into their latest high-voltage electric motor for a renowned premium sports car manufacturer.
3 Jun 2025
Perstorp launches synthetic fluids portfolio for high-performance lubricants
Perstorp, a leading global innovator in specialty chemicals and a wholly owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), announces the launch of its new portfolio of saturated synthetic polyol esters. The range includes three high-performing synthetic esters - Perstorp Synthetic-EF 5, Synthetic-EF 15, and Synthetic-EF 22 - developed to meet the evolving technical, environmental, and performance demands of the lubricant industry. This launch marks the next step towards becoming a recognized leader and supplier of specialty chemicals to the growing synthetic lubricants market.
Syensqo, a leader in specialty polymers, announces a capital investment to expand Ryton® PPS (polyphenylene sulfide) compounding capability at the Augusta manufacturing site in Georgia, US.
SONGWON Industrial Group today released its financial results for the 1st quarter of 2025. The Group reported an increase in revenue of 7.8% in Q1/2025 (275,753 Million KRW) compared to sales generated in Q1/2024 (255,752 Million KRW). In the first 3 months of 2025, SONGWON delivered a gross profit of 40,743 Million KRW, marking an increase of 4.1% when compared to the gross profit achieved in the same period of the previous year (Q1/2024: 39,134 Million KRW). Net profit in Q1/2025 was 4,857 Million KRW, down from 6,662 million KRW in Q1/2024, primarily due to elevated labor costs following a recent court ruling in Korea that impacted companies operating in the country, as well as ongoing margin pressure. 
Syensqo, a leader in advanced materials and specialty chemicals, is thrilled to announce that it was named a 2025 Automotive News PACE Pilot Innovation to Watch for its innovative Ajedium™ PEEK film technology for e-motor slot liners.
Syensqo, a leading global provider of advanced performance materials and chemical solutions, has introduced a new Ryton® polyphenylene sulfide (PPS) coating grade, custom-engineered to resolve unmet needs in ease of application and achieving strong coat performance at lower builds. This coating grade offers an efficient coating process that allows for better deposition per pass. As a result, it reduces the time and resources required for coating, while maintaining high throughput of coated articles.