We Make The Building Blocks of Sustainable Technologies
At Neo, we make the building blocks of modern technologies that enhance efficiency and sustainability. Our products help to deliver the technologies of tomorrow to consumers today.
Sustainability is part of the DNA of our Company. Our advanced industrial materials are critical to technologies that reduce air and water pollution, achieve better fuel economy, increase energy efficiency, and reduce greenhouse gases and other harmful air emissions.
We also work hard to manufacture our products using sustainable practices, such as recycling and feedstock recovery. This helps us reduce environmental impacts throughout our supply chain.
Sustainable technologies start with Neo Materials.
Neo’s newest Sustainability Report provides details on the Company’s environmental, social, and governance performance in 2022. The Report expands Neo’s formal reporting process to explain and document Neo’s ongoing efforts to help fast-forward the world’s transition to a more sustainable and less carbon-centric future. Among the the ESG-related accomplishments that Neo achieved in 2022 are these:
- Delivered outstanding safety performance across all of its global operations, achieving a lost-time incident rate of 0.22;
- Launched a robust GHG measurement and long-range scenario planning exercise for carbon emission reduction, which informs realistic target setting;
- Doubled the solar power generation capacity at the Company’s Korat, Thailand facility, and executed multiple projects throughout the company to improve energy efficiency;
- Commenced construction of a manufacturing facility in Estonia for energy-saving rare earth permanent magnets at the specifications of European automotive and wind energy OEMs.
A Compelling Growth Story
Neo Performance Materials Inc. is listed on the Toronto Stock Exchange under the ticker symbol “NEO.” A profitable, dividend-paying company with a strong balance sheet and robust cash-flow generation, Neo is well positioned in markets that are forecast to see robust, long-term growth driven by multiple global macro trends, such as vehicle electrification, industrial automation, consumer electronics, energy-efficient lighting, air and water pollution control, superalloys, and many others.
Learn more about Neo in our latest Investor Presentation.
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We Share A Passion for Innovation
Neo’s more than 1,800 team members at facilities around the globe share a passion for designing, perfecting, and delivering innovative advanced materials to our customers. We love delivering the technologies of tomorrow to consumers today.
We also believe in a larger mission: making products that make a difference in the world. Learn more about our Company in the words of our employees in this video.
Sustainability: What is Good for the Environment is Good for Business
Sustainability is not a buzzword at Neo. It is part of the DNA of our Company. Our advanced industrial materials are critical to technologies that reduce air and water pollution, achieve better fuel economy, increase energy efficiency, and reduce greenhouse gases and other air emissions. We also work hard to manufacture our products using sustainable practices that reduce environmental impacts throughout our supply chain. See examples of our commitment to sustainability in this video.
Markets We Serve
Neo is proud to serve the needs of our customers across many different industries around the world. Here are a few of the industrial markets we serve.
Applications We Help Enable
At Neo, our advanced industrial materials enable a wide array of everyday and emerging technologies. Our materials deliver a range of powerful properties to the products in which they are used, including magnetic, catalytic, luminescent, electrochemical, thermal stability, and superconductive. Neo’s products lie at the heart of many of the world’s fast-growing applications. Here are just a few examples: