Alkegen, a specialty materials platform and portfolio company of Clearlake Capital, has invested in Luyang Energy-Saving Materials.
Luyang produces energy-saving materials in the fields of ceramic fibers, soluble fibers and alumina fibers.
“From the very start of our partnership with Luyang seven years ago, we have been continuously impressed by the Company’s management team and their ability to deliver on financial and commercial performance targets,” said John Dandolph, CEO of Alkegen. “We are excited to continue investing in Luyang and deploying the Company’s resources to help our customers live greener, breathe easier, and go further than ever before.”