Creo Direct > Designing in the Creo Direct Environment > Working with Model Properties > About Material Parameters
  
About Material Parameters
You can create and modify material data and save it to the model. You can also save material data to material data files that have an .mtl extension. The .mtl files are stored in the material library directory. Each file contains the name of the material and a set of material parameters that are identified by an ID and units information.