Constantine Karyannopoulos on Neo Performance Materials’ banner sales and profits in 2021
In a recent InvestorIntel interview with Tracy Weslosky, Neo Performance Materials Inc.’s (TSX: NEO) President, CEO and Director Constantine Karayannopoulos detailed Neo Performance’s dramatic rise in revenues and profits in 2021, the highest profits in the consistently profitable company’s history. He then outlined his plans for Neo to maintain and continue an upward revenue and profits trajectory. Constantine also said that Neo’s gold medal winning ESG audit for its (European) Estonian operations would be a goal for all of its worldwide operations.
The discussion also covered the variety of Neo’s products and their uses and markets not only in rare earths but also in other critical technology metals, including gallium, niobium, and tantalum for the electronics and specialty alloys industries.
Constantine pointed out that Neo Performance Materials is the most vertically integrated rare earths products manufacturer in the world outside of China, and one of only two niobium and tantalum processors in Europe. It is the only commercial separator of rare earths in Europe. All of its products are in high demand by the OEM automotive industry and the OEM semiconductor industry. Neo, he also said, is the leading manufacturer of bonded-type rare earth permanent magnets in the world, and their use in the OEM automotive industry is rapidly expanding.
To watch the full interview, click here
About Neo Performance Materials Inc.
Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. Neo’s advanced industrial materials – magnetic powders and magnets, specialty chemicals, metals, and alloys – are critical to the performance of many everyday products and emerging technologies. Neo’s products help to deliver the technologies of tomorrow to consumers today. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals. Neo is headquartered in Toronto, Ontario, Canada; with corporate offices in Greenwood Village, Colorado, US; Singapore; and Beijing, China. Neo operates globally with sales, research and development, and production across 10 countries, being Japan, China, Thailand, Estonia, Singapore, Germany, United Kingdom, Canada, United States, and South Korea.
To learn more about Neo Performance Materials Inc., click here
Disclaimer: Neo Performance Materials Inc. is an advertorial member of InvestorIntel Corp.
This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.
This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.
If you have any questions surrounding the content of this interview, please contact us at +1 416 792 8228 and/or email us direct at [email protected].