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MAGNESIUM ELEKTRON ACQUIRES NEW ASSETS

12 August 2003

MAGNESIUM ELEKTRON ACQUIRES SPECTRULITE MAGNESIUM ASSETS

12 August  2003
SCI is a manufacturer of magnesium alloy billet, slab, rolled products and the world’s only fully integrated producer of magnesium photo engraving plates.

Magnesium Elektron North America Inc. is part of the Elektron Division of the Luxfer Group.  The Elektron Division established in  1936,  has  magnesium  manufacturing facilities in:

  • Manchester, England
  • Lakehurst, New  Jersey
  • Tamaqua,  Pennsylvania
  • Stonycreek, Ontario
  • Litvinov,  Czech Republic

It is the world leader in the production of high performance magnesium alloys, extrusions and powders and  is Europe’s leading refiner of magnesium alloys for the diecasting industry. The  Luxfer  Group  is  an international manufacturer of high performance engineering materials, whose portfolio includes interests in magnesium, zirconium, aluminium drawn tube and high pressure gas cylinders. Brian Purves, Chief Executive of Luxfer Group commented, “The acquisition of SCI’s magnesium assets is another important step in our strategy of expanding our business internationally and fills a gap in the range of magnesium products offered by our Magnesium Division.” Chris Dagger, Managing Director of Magnesium Elektron added “The combination of SCI’s  technical  skills  in rolled products, supplemented by Magnesium Elektron’s experience in advanced magnesium alloys and manufacturing excellence, backed by the financial strength of the Luxfer Group,  will  create  a  very  strong  business. We  are particularly  excited  by  the  magnesium graphic art market and the long term growth potential for magnesium alloy sheet.  “The acquisition of these assets will enable Magnesium Elektron to develop a range of rolled products that will extend the use of magnesium into a wide range of  new applications, exploiting the inherent light-weight and other advantages of magnesium.”

The operation will trade as MAGNESIUM ELEKTRON WROUGHT PRODUCTS and MAGNESIUM ELEKTRON GRAPHIC ART PRODUCTS.

Our Business Units

High Performance and Lightweight Magnesium Alloys
High Performance and Lightweight Magnesium Alloys

High Performance and Lightweight Magnesium Alloys

Luxfer MEL Technologies' unique range of magnesium alloys enables; lighter, stronger, safer in addition to higher performance designs. Luxfer MEL Technologies is a world leader in the development and supply of high quality magnesium products.

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Luxfer is the most trusted name for high-pressure gas cylinders worldwide from life-protecting use in public safety and healthcare to making our environment cleaner with CNG storage on vehicles and in specialty applications.

Zirconium-Based Materials for a Cleaner World
Zirconium-Based Materials for a Cleaner World

Zirconium-Based Materials for a Cleaner World

Luxfer MEL Technologies' high-purity zirconium-based materials are used in a broad range of industrial processes. Our doped and undoped powders are used in materials science, chemistry and energy sectors around the world.

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Luxfer Magtech is the global leader in flameless heating technology, magnesium products, and specialty powders. Our customers rely on us for innovative solutions for countermeasure flares, combat rations, chemical agent protection, and disaster relief.

Setting the Industry Standard
Setting the Industry Standard

Setting the Industry Standard

Luxfer Graphic Arts is a global leader in magnesium photo-engraving plates, engraving metals and etching chemicals. Customers worldwide rely on us for magnesium alloys in plate, sheet and coil form for light-weighting, dampening and forming applications.

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