EBC Materials Committee Meeting: March 18, 2026

Thomas Wittek opened the session with a brief introduction to ALD Thermo Technologies and its activities.

While market conditions were strong in 2024, performance in 2025 has been weaker, and the outlook for 2026 remains uncertain. This is particularly the case for projects related to the oil and gas sector, where developments are often influenced by policy decisions associated with the Trump administration.

Regarding export regulations introduced by China, the impact has been mixed. In some cases, European suppliers have gained a competitive advantage; however, this is offset by continued dependencies on Chinese raw materials. Yttrium, in particular, remains a key concern, with approximately 90% of global supply originating from China.

In addition, the ongoing conflict in the Middle East has led to a sharp increase in air freight costs, especially given Dubai’s role as a major logistics hub.

The next meeting is scheduled for 17 June.