Planned Annual Capacity - up to 2,000 tonnes/year - 2025-11-03 - Noveon-Kangwon planned facility - South Korea - Noveon and Kangwon plan a South Korean sintered NdFeB magnet plant with up to 2,000 tonnes of annual capacity and a 2027 production target. - source posture: Company… - source: noveon.co
Customer Shipments - Deliveries began July 2025 - 2025-08-06 - General Motors - Noveon began deliveries of sintered NdFeB magnets to General Motors in July 2025 for full-size SUV and truck components. - source posture: Company Disclosed - source: noveon.co
Contracted Offtake - more than 1,000 tonnes over five years - 2025-02-03 - Nidec Motor Corporation - Noveon and Nidec signed a five-year binding off-take agreement with potential deliveries exceeding 1,000 tonnes of finished sintered NdFeB magnets beginning in 2025. - source… - source: noveon.co
Facility Area - 145,000 sq ft - 2023-05-16 - San Marcos manufacturing facility - San Marcos, Texas - Noveon described its 145,000-square-foot San Marcos magnet plant as commercially operational. - source posture: Company Disclosed - source: noveon.co