Novatec Overview

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • Debt - PPP

  • Financing Rounds
  • 2

Novatec General Information


Manufacturer of resin dryers designed to meet the need of plastics processors. The company's resin dryers include plastics auxiliary equipment, plastics drying, plastics conveying and plastics blending, enabling the plastic processing industry to save energy, space and reduce maintenance while provide superior performance at competitive price.

Contact Information

Ownership Status
Financing Status
Corporate Backed or Acquired
Primary Industry
Machinery (B2B)
Primary Office
  • 222 East Thomas Avenue
  • Baltimore, MD 21225
  • United States
+1 (410) 000-0000

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Novatec Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Novatec Comparisons

HQ Location
Total Raised
Post Valuation
Last Financing Details
Manufacturer of resin dryers designed to meet the need of plastics processors. The company's resin dryers include plasti
Machinery (B2B)
Baltimore, MD
000000000 -


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000000000 (000)
Darmstadt, Germany
0000 As of 0000
0.000 0000-00-00
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Novatec Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
0000000 0000000 Private Equity-Backed Darmstadt, Germany 0000 00000 000000&0
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Novatec Patents

Novatec Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220041881-A1 Carbogenic nanoparticle-conducting polymer materials and inks for voc and moisture sensing, and methods of making and using the same Pending 04-Aug-2020 00000000
US-20210213667-A1 Method and tank for multi pass extrudate cooling Pending 15-Jan-2020 0000000000 0
US-20210001531-A1 Method and apparatus for ultrasonic extrusion control Pending 02-Jul-2019 000000000
US-20200391429-A1 Extrusion puller control Pending 12-Jun-2019 000000000
US-20190337735-A1 Method for granular resin material delivery using fill time monitoring and alarm for filter check Inactive 03-May-2018 B65G53/66
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Novatec Executive Team (2)

Name Title Board Seat Contact Info
Conrad Bessemer President & Chief Executive Officer
Lawrence DeBaugh Chairman
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Novatec Board Members (1)

Name Representing Role Since
00000000 0000000 Novatec Chairman 000 0000
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