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Composites Market Insights, January 04, 2020 |
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Copyright Lucintel, Dallas, TX, USA Tel.: +1-972-636-5056 |
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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”, “Technology Development”, “Price Movement”, “People”, and “Others”. |
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Business Development |
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Hexcel and Safran Expand Scope of Existing Contract for Advanced Composite Materials |
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Hexcel Corporation informed that the scope of its long-term supplier contract with Safran S.A. has been expanded to include advanced composite materials for a broader range of commercial aerospace applications. Since 2013, Hexcel HexTow IM7 carbon fiber has been supplied for the LEAP-1A, -1B and -1C engine programs. That contract now has been amended to include HexTow IM7 for the GE9X engine that powers the Boeing 777X.The contract also includes Hexcel core, adhesives, prepregs, and fabrics f ……. |
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Teijin and SEMCORP Sign Comprehensive License Agreement
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| Teijin Limited has signed a technical license agreement with Shanghai Energy New Materials Technology Co., Ltd. (SEMCORP), a leading producer of competitively priced base films for lithium-ion secondary batteries (LiBs), to manufacture solvent-based coating separators used in LiBs for electric vehicles and additional applications such as electronic devices and energy storage systems. The comprehensive agreement also includes Teijin’s development of new solvent-based coating separators. Throug ……. |
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DIEFFENBACHER LFT-D Technology Opens Up New Opportunities |
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By increasing the flexibility and throughput of its LFT-D plants, DIEFFENBACHER is helping thermoplastic component manufacturers capitalize on increased demand for their products. E-Mobility and the Circular Economy are two global trends boosting demand for thermoplastic processes and components made of thermoplastics. Fiber-reinforced thermoplastics offer the ideal properties for applications such as battery cases for electric vehicles. In addition, unlike thermosets, thermoplastic component ……. |
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ENGEL Founds New Company — ENGEL Used Machinery |
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The foundation of ENGEL Used Machinery s.r.o. sees injection molding machine manufacturer and systems solutions provider ENGEL, headquartered in Schwertberg, Austria, extend its portfolio to include pre-owned machines. With ENGEL as their full service provider, customers benefit from comprehensive advice from a single source. Besides injection molding machines, the new company also buys back used robots from the ENGEL series, refurbishes the products and puts them back on the market for sale. ……. |
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Robert Bosch Venture Invests in Arris to Bring Advanced Composites to New Sectors |
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Arris, a California-based manufacturing tech pioneer enabling the use of high-performance composites in mass-market products, apprised of a strategic investment of Robert Bosch Venture Capital GmbH (RBVC). The Bosch Group’s venture division RBVC joins New Enterprise Associates, Taiwania Capital, Valo Ventures, and Alumni Venture Group as investors in Arris. Arris’ flagship technology, Additive Molding, is a high-speed manufacturing process that allows the world’s top brands to precisely align ……. |
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Skydio and Arris Revolutionize Drone Design and Manufacturing |
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Skydio, a leading U.S. drone manufacturer and world leader in autonomous flight technology, and Arris, a leader in advanced manufacturing of high-performance products, have redefined airframe design leveraging Additive Molding, Arris’s breakthrough carbon fiber manufacturing technology. Starting with the new Skydio X2 drone, enterprise, public sector and defense customers will benefit from lighter, longer-range, and more robust aircraft structures at scale. The collaboration has resulted in the ……. |
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Charger Investment Partners Acquires Advanced Composite Products and Technology, Inc. |
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Charger Investment Partners has acquired a majority stake in Advanced Composite Products and Technology, Inc. (ACPT). Financial terms of the transaction were not disclosed. ACPT is particularly well known for its proprietary composites-to-metal bonding capabilities that paved the way for its groundbreaking composites driveshaft products that are used by the United States Armed Forces and commercial customers alike. “We are thrilled to partner with Ryan Clampitt, Jim Leslie and the talented AC ……. |
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Technology Development |
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Hexcel’s HexPly XF Surface Technology Revolutionizes the Blade Surface Finishing Process |
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Hexcel apprises of its latest HexPly XF surface technology that significantly reduces shell manufacturing time within the wind blade surface finishing process. HexPly XF increases overall blade manufacturing efficiency by reducing time in the mold by up to two hours and by banishing surface defects that require rework before painting. HexPly XF surface technology satisfies the most challenging surface quality requirements by introducing a new material format as the surface finishing layer, e ……. |
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Price Movement |
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Allnex Increases Price on Amino Resins in Americas |
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Effective January 1, 2021 due to continued inflationary pressures in energy, raw materials, freight, and logistics, allnex will increase prices across our portfolio of Crosslinking resins in the Americas region. This price increase applies to all products sold under the Aerotex, Cycat, Cymel, Cyrez, Etermino, and Setamine trademarks. Depending on the grade and the product family, both list and off-list prices will be increased up to $0.07/Lbs. The announced changes will be applicable on all ship ……. |
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Allnex Increases Price on Its Radcure Portfolio in the USA and Canada |
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Due to the continued increasing costs of raw materials and overall tight supply, allnex will be increasing the prices of Energy Curable Products and Water-Based Acrylics across the Radcure portfolio in USA and Canada. • EBECRYL Epoxy Acrylates 0.34$/lb • Monomers 0.16$/lb • Water-Based Acrylic of Vancryl and others 0.07$/lb • EBECRYL, RAYLOK, Uvekol and Viascreen Specialties 0.27$/lb • UCECOAT Energy Curing Polyurethane Dispersions 0.08$/lb The price increase will be effective for ship ……. |
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allnex Increases Prices on Solventborne and Waterborne Resins Product Portfolio in Europe, EMEA |
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allnex informed that due to the continued increase in raw material costs, driven by increasingly tight supply, the company is forced to raise the price of its Solventborne and Waterborne Resins portfolio sold in Europe, Middle East and Africa. The price of products in the portfolio will be increased depending on the grade. The adjustment will be effective for all shipments as of January 15th, 2021, or as contract terms permit. To identify growth opportunities in UK Composites Market: Trend ……. |
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Allnex Increases on Price of Amino resins in Europe, Middle East & Africa |
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Effective January 1, 2021, allnex will implement a price increase on all its amino crosslinking resins in Europe, Middle East and Africa, following significant raw material and logistics cost increases. Depending on the grade and product family, prices will be increased up to 0.30 euro/kg. The announced increases will be applicable on all shipments as of January 1, 2021, or as contracts allow. ……. |
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Global Price Increase on allnex’s Phenolic Resins |
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Effective January 1, 2021, allnex is globally raising prices of all its phenolic resins, following continued increases in raw material and logistics prices. Depending on the grade and product family, prices will be increased up to 0.30 euro/kg. The increase will be applicable on all shipments as of January 1, 2021, or as contracts allow. For identifying growth opportunities in the Phenolic Resin Market Report: Trends, Forecast and Competitive Analysis, please visit http://www.lucintel ……. |
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AOC Raises Price for Americas |
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AOC has announced a price increase in the amount of $0.06/lb USD on all UPR, Gel Coat, and Pigment products and $0.14/lb USD for all Vinyl Ester products sold in the USA, Canada, Mexico and Latin America. This increase is effective for all orders shipping on or after January 29, 2021. This action is due to the ongoing and significant escalation of costs for key raw material ingredients and freight. AOC’s global purchasing resources continue to work with their network of suppliers to mana ……. |
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Ashland Increases 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: $0.06 per pound Product: gamma-butyrolactone (BLO) Amount of Increase: $0.06 per pound Product: n-methyl-pyrrolidone (NMP) Amount of Increase: $0.06 per pound Product: 2-pyrrolidone (2-Pyrol) Amount of Increase: $0.06 per pound Product: tetrahydrofuran (THF) ……. |
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AOC Increases Price of Its Epoxy Vinyl Ester (VE) Portfolio |
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AOC has notified of a price increase of 100 euros per ton for its entire UPR portfolio and 200 euros per ton for its entire Epoxy Vinyl Ester (VE) portfolio sold in Europe, Middle East and Africa. The price increase will take effect for all new deliveries after 1 January 2021 or as soon as contracts allow. This price increase is in addition to the increases that were announced on 2 November 2020 and on 16 November 2020. “The pricing of Liquid Epoxy Resin (LER) and other key raw materials has ……. |
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People |
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Christian Kleinjung, New CFO at the Hennecke Group |
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The Hennecke GROUP Advisory Board appoints Christian Kleinjung as new Chief Financial Officer “I am convinced that Christian Kleinjung’s engagement is a perfect addition to the Hennecke management team. As an experienced finance manager, he can bring his profound knowledge of the international machine construction business to the role of CFO and actively shape the step-by-step restructuring of the whole company group,” says Thomas Wildt, CEO of the Hennecke GROUP and adds: “We now have a much ……. |
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New Reports in Composites Market Published By Lucintel |
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- MENA Composites Market Report: Trends, Forecast and Competitive Analysis, October 2020
- 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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Others |
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3A Composites Core Materials Passes the Annual FSC Review and confirms BALTEK SBC as First Carbon-Neutral Core Material in the World |
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Sustainable forest management has ever since been a key element in the wood production of 3A Composites Core Materials. As first supplier of balsa wood core materials from FSC-certified plantations to the market, the company’s Ecuadorian forestry site passed the annual FSC review in November 2020 and proudly looks upon a year of successful strengthening its global activities. “We are not only pleased to continue supplying the market with our balsa products from sustainable resources but also ……. |
