€52.8m market cap
€13.2 last close
IBU-tec is an international full-service provider in the field of thermal process engineering, predominantly treating inorganic materials. The acquisition of BNT has added complementary wet chemical processes for manufacturing tin-based products.
IBU-tec is continuing its programme to reduce dependence on individual customers and market segments and to improve the profitability of BNT Chemicals, which was acquired in June 2018. It is expanding the group’s presence in markets with long-term growth potential. These include a range of materials used in electric vehicle batteries and organotin compounds used in the synthesis of drugs to treat hypertension and the manufacture of coatings for glass packaging.