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Composites Market Insights, September 21, 2020 |
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Copyright Lucintel, Dallas, TX, USA Tel.: +1-972-636-5056 |
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To submit your company’s latest developments / news or to announce a job opening, write to editor@lucintel.com. Please forward this FREE newsletter to your friends and colleagues so they will be up-to-date on the current happening in the composites industry. |
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Click the Headlines below for more detail on the news article. News articles are divided into sections such as “Business Development”, “Application Development”, “Price Movement”, “Events”,” People”, and “Others”. |
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Business Development |
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Elbit Systems Receives Supply Contract from Lockheed Martin for the F-35 Aircraft |
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Elbit Systems Ltd. informed that its wholly-owned subsidiary, Elbit Systems – Cyclone Ltd., was awarded a contract by Lockheed Martin for the manufacture of assemblies for Forward Equipment Bay assemblies for the F-35. The contract is in an amount that is not material to Elbit Systems and will be performed over a period of four-years. The contract calls for Elbit Systems to supply assemblies for the F-35’s Forward Equipment Bay – made from composite materials and the associated structures – f ……. |
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| BASF’s Ultrasim Simulation for Elastomers |
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| BASF expands the application range of its simulation tool Ultrasim. The CAE tool also calculates component concepts based on elastomers, especially Elastollan, BASF’s thermoplastic polyurethane (TPU). The simulation covers the entire process chain from initial processing to the mechanical properties of the final product. Among the special features of the simulation with Ultrasim are options to simulate both the initial load and cyclic loads of a component. The calculation of component concepts b ……. |
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ENGEL E-Speed Series Expanded |
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Designed for continuous high performance in the packaging industry, ENGEL e-speed injection molding machines are the most energy efficient and clean hybrid machines in the market. The e-speed 280 now sees ENGEL expand the series into the lower clamping force ranges, with a particular focus on manufacturers of thin-walled containers, buckets and matching lids. The new e-speed with a clamping force of 2800 kN will produce 1-litre round containers for yoghurt made of polypropylene in thin-wall t ……. |
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KraussMaffei Laid the Foundations for a New Plant and Headquarters in Parsdorf |
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Dr. Michael Ruf, Chief Executive Officer (CEO) of the KraussMaffei Group, Bavarian Deputy Minister for Economic Affairs, Roland Weigert, the mayor of Vaterstetten, Leonhard Spitzauer, and Jan van Geet, CEO of VGP, a leading European project developer of high-quality logistics and commercial real estate, held a ceremony to symbolically lay the foundation stone for the KraussMaffei Group’s new site in Parsdorf east of Munich. Moving to the new site is scheduled to start in November 2022, compl ……. |
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Application Development |
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True Temper Sports Partners with Hexcel on Latest Line of High-Performance Golf Shafts |
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True Temper Sports, leading designers and manufacturers of golf shafts, has chosen to partner with Hexcel on its latest product line, the HZRDUS Smoke Black RDX. The HZRDUS Smoke Black RDX is the first golf shaft to use Hexcel’s new HexTow HM54 carbon fiber, which is ideal for recreational applications. HZRDUS has emerged as one of the most dominant shafts at all levels of golf over the past 50 years, and the RDX is the next evolution in the HZRDUS line. By partnering with Hexcel to incorpor ……. |
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Karl Mayer’s Thermoplastic Prepregs Made from Non-Woven Polymer and Multiaxial Non Crimp Fabrics |
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Given the great application potential of thermoplastic fiber composite materials, their manufacturing process is constantly being developed further. KARL MAYER Technische Textilien GmbH, based in Chemnitz, is leading the way with innovations in this field. KARL MAYER Technische Textilien has developed the new SIM.PLY machine, which was launched at the ITMA in Barcelona in 2019. The innovative machine produces thermoplastic fiber-reinforced tapes and uses plastic in the form of films. As part ……. |
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Price Movement |
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Ashland Hikes Prices for 1-4 Butanediol and Derivatives in North America |
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Ashland is increasing prices on 1-4-Butanediol (BDO) and several derivative products as indicated below: Product: 1-4 butanediol (BDO), Amount of increase: $0.05 per pound Product: gamma-butyrolactone (BLO), Amount of increase: $0.05 per pound Product: n-methyl-pyrrolidone (NMP), Amount of increase: $0.05 per pound Product: 2-pyrrolidone (2-Pyrol), Amount of increase: $0.05 per pound Product: tetrahydrofuran (THF), Amount of increase: $0.05 per pound The increases apply to North Americ ……. |
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Events |
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At Fall 2020 Members Meeting, Gardner Intelligence’s Michael Guckes to Present Composites Industry Economic Forecast |
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IACMI’s Fall 2020 Members Meeting, which kicks off October 7, will feature Michael Guckes, Chief Economist and Director of Analytics at Gardner Intelligence. He’ll provide insight of the current climate in the composites industry, as well as a look at what to expect in the months ahead. Guckes has 20 years of experience in forecasting and modeling using advanced statistical techniques and is a favorite of IACMI members. During his presentation, Guckes will: • Present what the Composites ……. |
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KULR Technology Group among Top Teams Selected to Exhibit at EngageSpace on September 29th – 30th, 2020 |
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AFWERX, the catalyst for fostering innovation within the U.S. Air Force, apprises of KULR Technology Group, Inc. as one of the top 178 participating teams selected from The AFWERX Space Challenge initiative to exhibit at EngageSpace, a virtual two-day event taking place Sept. 29-30, 2020. KULR’s carbon Fiber Thermal Interface (FTI) technology is a lightweight, flexible carbon fiber solution with high bulk thermal conductivity and is extremely efficient heat conduction. Variations of KULR’s FT ……. |
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People |
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Eric Haiss Joins IDI Composites International as Global Director of Automotive Business Development |
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IDI Composites International (IDI) apprises of Eric Haiss as Global Director of Automotive Business Development. As the recognized leader in the global thermoset composites industry, IDI materials are a key technology for achieving the lightweighting and material performance goals of the automotive industry. With his experience and expertise in the automotive industry and IDI’s global manufacturing capacity and material technologies, Eric is uniquely positioned to lead IDI’s strategic business d ……. |
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Toshiyuki Kondo– Toray Advanced Composites’ New CEO |
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Toray Advanced Composites has appointed Toshiyuki Kondo as its CEO, effective September 15. Mr. Kondo takes over the position from Keisuke Ishii, who had been CEO since July 2018, when Toray Industries, Inc., purchased the Advanced Composites Division of TenCate. Mr. Ishii will transition to Toray’s Torayca division, where he will serve as the Assistant General Manager. Mr. Kondo has served Toray most recently as the Director of their Advanced Composites divisions. His career with Toray spans ……. |
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Owens Corning Elects Alfred Festa to Board of Directors |
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Owens Corning informed that Alfred (Fred) E. Festa, former Chairman of W.R. Grace & Co., has been elected to the company’s Board of Directors. Mr. Festa served as Chairman and Chief Executive Officer of W.R. Grace & Co., a leading global producer of specialty chemicals and materials, from 2008 to 2018, and non-executive Chairman from 2018 to 2019. He joined the company as President and Chief Operating Officer in 2003 and assumed the role of CEO in 2005. Previously, he served in senior leaders ……. |
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CTC Global Names Enos Banda Managing Director |
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CTC Global informed that Enos Banda has been named Managing Director. In this newly created position, Mr. Banda will lead the development and delivery of customer and asset financing offerings to CTC Global’s current and future customers. He will report to J.D. Sitton, CTC Global’s Chief Executive Officer. ……. |
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Others |
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Hexcel Congratulates Northrop Grumman on Successful GEM 63XL Test |
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Hexcel Corporation congratulates Northrop Grumman on the successful test firing of the GEM 63XL motor in August. Hexcel advanced composite materials support the GEM 63XL solid rocket motor, which will provide additional lift capability to the Vulcan Centaur vehicle. The GEM 63XL increases thrust and performance by 15-20 percent compared to a standard GEM 63. Hexcel is also proud to be a supplier for the GEM 63 solid rocket motor. The first flight of the GEM 63 motors will be on a ULA Atlas V ……. |
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New Reports in Composites Market Published By Lucintel |
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- FRP Panel Market Report: Trends, Forecast and Competitive Analysis, May 2020
- Technology Landscape, Trends and Opportunities in 3D Printing Material Market, March 2020
- High Performance Nylon for Tribology Market Report: Trends, Forecast and Competitive Analysis, March 2020
- European Automotive Composites Market Report: Trends, Forecast and Competitive Analysis, March 2020
- Carbon Fiber Market Report: Trends, Forecast and Competitive Analysis, February 2020
- Composites Materials in Tooling Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Composites Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Flame Retardant Resin in E&E Composites Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Carbon Fiber in the Aerospace and Defense Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Glass Fiber Reinforced Plastic Market Report: Trends, Forecast and Competitive Analysis, November 2019
- BMI Prepreg Market Report: Trends, Forecast and Competitive Analysis, November 2019
- Para Aramid Fiber Market Report: Trends, Forecast and Competitive Analysis, November 2019
- Epoxy Curing Agents in the Composites Industry Report: Trends, Forecast and Competitive Analysis, October 2019
- 3D Printing Materials Market Report: Trends, Forecast and Competitive Analysis, October 2019
- PET Foam Core Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Thermoplastic Prepreg in the Transportation Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Polyurethane Resin Composite Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Gelcoat Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Fiber Sizing Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Long Fiber Thermoplastics Market Report: Trends, Forecast and Competitive Analysis, August 2019
- FRP Pole Market Report: Trends, Forecast and Competitive Analysis, August 2019
- Composite Testing Market Report: Trends, Forecast and Competitive Analysis, August 2019
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