ExxonMobil acquires Materia, Inc., a high-performance structural polymers company.

The article reports that ExxonMobil and Materia have been collaborating since 2017 on the development of new hydrocarbon-based materials that are stronger, lighter and more durable than existing thermoset products such as epoxy. It mentions benefits could enable the design of longer, more durable wind turbine blades for more efficient renewable electricity production.