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Composites Market Insights, October 26, 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”, “Technology Development”, “Financial”, “Events”, and “People”. |
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Business Development |
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Teijin Joins AZL Partner Network |
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The Teijin Group has joined the AZL Partner Network for Lightweight Production Technology, a cross-industry network for joint business development and technology development organized by service and engineering provider AZL Aachen GmbH and involving nine institutes and some 80 companies in the field of lightweight production. On October 22, the network kicked off one of their many joint projects, an eight-month project to develop and manufacture multi-material battery enclosures for electrical v ……. |
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| Huntsman Starts New TEROL Polyols Plant in Taiwan |
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| Huntsman Corporation commemorated the official start-up of a new 22,000-ton TEROL aromatic polyester polyols plant at its systems house in Kuan Yin, Taiwan, with an opening ceremony at the site. The 3,600-square meter polyols plant expands Huntsman’s downstream polyurethanes capabilities in the Asia Pacific region and marks the first time Huntsman has manufactured its TEROL polyols outside the United States. TEROL polyester polyols are critical components in the production of MDI-based pol ……. |
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Polytek Development Corp. Acquires Incredible Solutions |
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Polytek Development Corp, a manufacturer of specialty polymers for mold making, casting, and coating applications, apprised of the acquisition of Incredible Solutions. Polytek is a portfolio company of Arsenal Capital Partners. Incredible Solutions will join Polytek’s consumer brand portfolio and further expand the company’s offering of coating and casting solutions that are formulated specifically for do-it-yourself and artistic communities. These brands offer user-friendly products and accesso ……. |
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Oxford Advanced Surfaces’ New Chinese Representative– Suzhou Composites Co. Ltd. |
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Oxford Advanced Surfaces, (OAS), a pioneer and market leader in the surface treatment of polymeric, plastic and composite materials by the application of highly reactive carbene chemistry, has expanded their global reach with new representation in China. The new representative, Suzhou Composites Co. Ltd, based in Suzhou City near Shanghai, will support the full range of OAS surface treatments including the new Onto EP1132. The Onto range of surface preparation products have been developed ……. |
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SHD’S New Group Technical Centre Up and Running |
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Following on the heels of establishing European and USA based manufacturing facilities, SHD have made further investments in a new Group Technical Centre based in Sleaford, UK. The SHD team moved into the new facility in August and has supplemented what is an already extensive product development and testing capability, with a new 250KN mechanical test rig. The company now has ample in-house capacity to fully characterize its prepreg materials over a range of operating environments, at bot ……. |
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KRAIBURG TPE’s Portfolio Now Included Electrically Conductive TPEs |
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KRAIBURG TPE is now supplying electrically conductive TPEs with adhesion to polyolefins or polyamides. These sophisticated products complement the THERMOLAST K portfolio, and with the company’s usual high, consistent quality they represent a convincing innovation. In addition, new and existing customers will benefit from the usual advice and service – everything from a single source. Innovative applications, such as sensors for the automotive industry, electrostatically dissipative components ……. |
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GWS Tool Group Acquires STF Precision (STF) |
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GWS Tool Group has acquired STF Precision. STF is the third add-on acquisition in 2020 for GWS. STF is a leading manufacturer of precision cutting tools, primarily in the categories of polycrystalline diamond tools (PCD), single-crystal diamond tools (SCD), and Cubic Boron Nitride (CBN). The company’s product capability portfolio includes brazed PCD-rotary tools for non-ferrous materials, PCD 8-facet drills for aerospace composites, PCD grooving inserts for automotive applications, and multi- ……. |
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ICP Acquires Leeson Polyurethanes |
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Innovative Chemical Products (the ICP Group) apprises of the acquisition of Leeson Polyurethanes, a leading U.K.-based manufacturer of polyurethane adhesives and coatings used in a variety of sectors and markets. The company’s diverse portfolio of solutions for building and construction, insulation, sports surfaces, waterproofing and beyond will be highly complementary to the ICP BSG portfolio, and helps the organization extend its reach throughout the European market and around the world. ……. |
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Distribution Agreement Nexeo Plastics and Kingfa |
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Nexeo Plastics, a leading global thermoplastics resin distributor, has signed an agreement with Kingfa to distribute their engineering thermoplastic products throughout Europe. Effective immediately, Nexeo Plastics will carry and distribute Kingfa’s locally made compounds. Each product group offers a wide range of color-matching options and innate characteristics to improve manufacturing and end-product functionality. This includes an array of choices in unfilled, talc-filled, reinforced, tou ……. |
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Application Development |
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Johns Manville Introduces New VVSD Spiracoustic Plus Duct Liner for 6-8” Ducts |
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Johns Manville (JM) launched VVSD (very, very small diameter) Spiracoustic Plus spiral duct liner. This product is the first of its kind, engineered specifically for smaller diameter spiral duct applications, with outer diameters ranging from 6 to 8 inches. The insulation is offered in 1-inch thickness only and is the newest addition to the Spiracoustic Plus portfolio. Based on JM’s proprietary fiberglass board technology, Spiracoustic Plus duct liner has factory-made, evenly spaced kerfs to ……. |
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Continental Structural Plastics, Inapal Components Reduce Weight, Complexity for New Luxury SUV in Europe |
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Inapal Plasticos, Continental Structural Plastics’ operations in Portugal, will be manufacturing a number of lightweight, low-density sheet molded compound (SMC) components for a premium luxury auto maker’s first SUV. These 11 components, ranging from under hood to underbody and Class A components, will reduce part complexity and overall vehicle weight. By molding the complex radiator assembly frame in a low-density composite material, the OEM was able to minimize the number of parts required ……. |
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Technology Development |
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5G-ENCODE Starts the First Phase of Its Network at the National Composites Centre |
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5G-ENCODE, a pioneering project that aims to make the benefits of 5G a reality for UK manufacturers, apprises of the switch on of its Phase One Industrial Private 4G Network at the world leading National Composites Centre (NCC), to establish a baseline for existing technology. This comes ahead of its Phase Two Industrial Private 5G Network, which will go live in 2021. The Phase One 4G network has been designed and developed by leading partners, Zeetta Networks and the University of Bristol’s ……. |
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Financial |
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Hexcel Reports Net Sales Of $286.9 Million in the Third Quarter |
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Hexcel Corporation reported third quarter 2020 results, including net sales of $286.9 million and adjusted diluted EPS of ($0.29) per share. Chairman, CEO and President Nick Stanage said, “In the third quarter of 2020, Hexcel faced significant headwinds resulting from the current unprecedented decline in demand impacting our industry. Sales were half of 2019 levels, and adjusted EPS was a negative 29 cents. We have taken rapid and significant actions over the past several months to cut overhe ……. |
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Events |
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Hexcel Webinar: Carbon Fiber 101 |
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October 28, 2020, 9:00 a.m. MDT Cary Martin, Hexcel Global Research and Technology Director – Carbon Fibers, and Tom Haulik, Hexcel Sales Director – Carbon Fibers, will provide an overview of carbon fibers with a specific focus on the broad product line and technologies supplied by Hexcel. This webinar covers a brief history of the carbon fiber industry and some basic terms related to carbon fiber technology. Hexcel will review the PAN and carbon fiber manufacturing process and present the ra ……. |
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People |
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Spartech Promotes Matt Gisoni, Dave Gorenc to Vice President Positions |
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Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, apprised of the promotions of Matt Gisoni to Vice President of Supply Chain and Sourcing, and Dave Gorenc to Vice President of Manufacturing. In their new roles, Gisoni and Gorenc will join the Spartech executive team. A member of the Spartech team for over 27 years, Gisoni previously served as Director, Supply Chain and Sourcing. He has served in a number of operations roles and was named a 2019 Spa ……. |
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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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