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Richard Hemond, PhD, Joins Polar Performance Materials as Board Member

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Richard Hemond, PhD, Joins Polar Performance Materials as Board Member

May 15
17:12 2024
Richard Hemond, PhD, Joins Polar Performance Materials as Board Member

Ontario, Canada – Polar Performance Materials, a pioneer in manufacturing Ultra High Purity Alumina (UHPA) essential for high performance sustainable technologies, proudly announces the addition of Dr. Richard Hemond to its Board of Directors.

Dr. Hemond is renowned for his extensive background in innovation and sustainable business strategies, which is expected to drive significant advancements in Polar’s commitment to environmentally conscious manufacturing practices. “I am excited to join Polar Performance Materials, a company that aligns with my passion for fostering sustainable technologies,” stated Dr. Hemond. “I am eager to apply my strategic insights and leadership in sustainability to help propel the company to new heights in the industry, ensuring that our innovative processes not only lead to growth, but also contribute positively to our environment,” he continued.

In his previous roles, Dr. Hemond played a pivotal role in developing innovative sustainable products and solutions in semiconductor and other advanced technology markets that merit his reputation. His goal-driven and result-oriented leadership led to the implementation of groundbreaking research and development programs focused on creating sustainable products that cater to the evolving needs of global markets.

Dr. Hemond’s addition to the board is timely as Polar Performance Materials is expanding its impact in producing materials for semiconductor equipment components, thermal interface material fillers, LEDs, lithium-ion batteries, aerospace components, and more. His strategic acumen will be crucial, emphasizing innovation in manufacturing processes that adhere to the highest environmental sustainability standards.

This year, Polar Performance Materials has successfully ramped capacity into high volume production for 5N UHPA powder and pellets with qualified customers in semiconductor, LED sapphire, and other markets. The company has maintained its low emissions levels even as production volumes rise quickly due to Polar’s sustainable, production and process technologies.  Furthermore, Polar’s patented process has significantly lower carbon intensity relative to other competitive production processes, enabling customers to reduce their lifecycle emissions.

“Our recent expansion and the strategic inclusion of Dr. Hemond in our board are fundamental to our mission of leading the industry towards a more sustainable future,” remarked Hap Hewes, CEO for Polar Performance Materials. “His expertise will be invaluable as we continue to innovate while reducing our environmental footprint.”

For additional details about Polar Performance Materials, products and its commitment to sustainability and innovation, please visit www.polarpm.com.

About Polar Performance Materials

Founded in 2012 in Ontario Canada, Polar Performance Materials specializes in developing and manufacturing Ultra High Purity Alumina (UHPA), a critical advanced ceramic for sustainable high-performance technologies, including semiconductors, LEDs, lithium-ion batteries, and technical ceramics. The company is committed to advancing technology and sustainability, utilizing patented, low-emission processes to ensure top-quality, performance-driven products. Polar Performance Materials is a portfolio company of Ara Partners.

Contact: Kyle Turner

Polar Performance Materials

+1 (905) 362-5401

[email protected]

About Ara Partners

Ara Partners is a global private equity and infrastructure investment firm focused on industrial decarbonization. Founded in 2017, Ara Partners seeks to build and scale companies with significant decarbonization impact across the industrial and manufacturing, chemicals and materials, energy efficiency and green fuels, and food and agriculture sectors. The company operates from offices in Houston, Boston, Washington, D.C., and Dublin.

For additional details about Ara Partners, please visit www.arapartners.com.

Media Contact
Company Name: Polar Performance Materials
Contact Person: Kyle Turner
Email: Send Email
Phone: +1 (905) 362-5401
Address:2860 Plymouth Drive
City: Oakville
State: ON
Country: Canada
Website: https://polarpm.com

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