Magma Group Fuels Global Innovation with $5M Series A Investment in Catalyst & Refractory Technologies

Magma Group, a global manufacturer and supplier renowned for its innovative catalyst carrier design and a diverse range of catalyst and refractory materials, is proud to announce a successful funding round, raising $5,000,000. Since its inception in February 2010, Magma Group has experienced continual and significant growth, driven by a commitment to ongoing innovation, research, and development. This latest infusion of capital will be strategically invested in expanding the company’s product range and enhancing its LEAN, flexible manufacturing capabilities across its worldwide operations. Operating through its four key divisions—Magma Ceramics, Magma Catalysts (supported by the UNICAT Catalyst Sales Team), Magma Combustion, and P&E—the company has established a strong presence with facilities in the United Kingdom, Brazil, Vietnam, and the United States. The recent investment comes at a thrilling juncture, further solidifying Magma Group’s mission to not only innovate but also to continuously grow and develop its business. This financial boost will accelerate the company’s strategic projects and technology enhancements aimed at meeting increasing global demand. In recognition of its innovative prowess, Magma Group was selected by Her Majesty The Queen as the winner of The Queen’s Award for Enterprise: Innovation in April 2022. This prestigious accolade underscores the company’s commitment to excellence within its industry. As part of the UNICAT Catalyst Group under the ownership of White Deer Energy, Magma benefits from strong industry partnerships that drive its growth in energy and industrial service equipment sectors. For additional insights and information on Magma Group’s groundbreaking advancements, please visit http://magmagroup.com.