Luxfer Holdings PLC

Company Overview

Luxfer Holdings Plc, a materials technology company, design, manufacture, and supply materials, components, and gas-containment devices for healthcare, environmental, protection, and specialty end markets. It specializes in the product lines of magnesium alloys, zirconium chemicals, and carbon composites. The Company has a global presence and has around 12 manufacturing plants in the U.S., the U.K., Canada, and China.

Elektron Division: The specialty materials segment is based primarily on magnesium and zirconium. Its product lines include:

• Advanced lightweight, corrosion-resistant, heat- and flame-resistant magnesium alloys industrial applications such as aerospace, healthcare, and oil and gas.

• Magnesium powders are used in countermeasure flares that protect aircraft from heat-seeking missiles and heating pads for self-heating meals for the industries such as military and emergency relief agencies.

• High-performance zirconium-based materials and oxides.

Gas Cylinders Division: Manufactures and markets specialized products using aluminum alloys and carbon composites. The major suppliers of carbon fiber are Toray and Mitsubishi. Aluminum accounted for 30% of the total raw material cost of the segment. Its product portfolio includes:

• Carbon fiber composite cylinders are used by firefighters and other emergency responders for self-contained breathing apparatus (SCBA). Its products are also used by scuba divers and workers engaged in hazardous environmental activities such as mines.
• Carbon fiber composite cylinders for CNG and hydrogen containment in alternative fuel (AF) vehicles.
• Cylinders are used to contain oxygen and other medical gases used by patients, healthcare facilities, and laboratories.

Graphic Arts: Manufactures and magnesium photo-engraving plates, engraving metals, and etching chemicals. Its product portfolio includes:

• Magnesium, copper, and zinc photo-engraving plates.
• Solutions to aid the engraving process.
• Solid wrought magnesium slab and sheet.

Financial Highlights (FY 2024)

Company's Business Segments

• Gas Cylinders : Carbon Fiber Composite Cylinders, Oxygen Cylinders, Other Medical Gases
• Elektron : Magnesium Alloys, Magnesium Powders, High-performance Zirconium-based Materials and Oxides
• Graphic Arts : Magnesium Copper and Zinc Photo-engraving Plates, Developer Solutions, Solid Wrought Magnesium Slab