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Omgi

@omgi.com

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OM Group, Inc. It was founded in 1975 as Oxford Mining, a coal mining business, and later diversified into specialty chemicals and advanced materials. The company's headquarters were located in Cleveland, Ohio.


OM Group primarily operated in three main segments: Advanced Materials, Performance Chemicals, and Battery Technologies. In the Advanced Materials segment, the company offered products like cobalt chemicals, powders, and oxides, as well as specialty alloys and magnetic materials. The Performance Chemicals segment provided specialty chemicals, including lubricants, coatings, and additives.


The Battery Technologies segment focused on the development and production of high-performance batteries for various applications. The company had a significant global presence through its subsidiaries, joint ventures, and partnerships. One of its notable subsidiaries was Kokkola Chemicals, a producer of cobalt chemicals headquartered in Finland.


OM Group also had joint ventures in China and Russia to expand its presence in those markets. In terms of market position, OM Group had established itself as a leading global player in its respective industries. It had a strong customer base and served various sectors such as aerospace, automotive, energy storage, and electronics.


The company competed with other major players in the industry, including Umicore, Freeport-McMoRan, and BASF. Throughout its history, OM Group made several strategic acquisitions and divestitures to strengthen its product portfolio and enhance its market position. In 2015, the company was acquired by Apollo Global Management, a private equity firm, and subsequently renamed as Vectra Co.


As of the latest available information, OM Group no longer exists as an independent entity. The company was acquired and its operations have been integrated with other entities. Therefore, the current status and recent updates of OM Group are not available

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