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helpdesk@lucintel.com     +1-972-636-5056      My Account . Follow us on:  Home     About Us        Consulting        Market Reports        Country Research        Lucintel 360        Training    Composites Market Insights, November 15, 2021 Copyright Lucintel, Dallas, TX, USA Tel.: +1-972-636-5056 This newsletter is circulated to more than 12,000 subscribers worldwide. It is sent by subscription only. Spend 5-10 minutes on this newsletter every week and stay on top of your business. 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. Click the Headlines below for more detail on the news article. News articles are divided into sections such as “Business Development”, “New Material”, “Application Development”, “Financial”, “Price Movement”, “Awards and Certifications”, “Events”, and “Others” Business Development SEKISUI Aerospace Acquires Continuous Compression Molding Equipment SEKISUI Aerospace, a subsidiary of SEKISUI Chemical, has completed an investment in Continuous Compression Molding (CCM) thermoplastics technology and equipment. The work cell is currently being installed in SEKISUI’s Renton, WA facility and is expected to be operational by December 2021. The CCM line includes ply cutting and alignment, welding, and test equipment. Additionally, an Automated Press Cell (APC) with a robotic part transfer that enables stamp forming of thermoplastic composite blank ……. Solvay & 9T Labs Help Mass Produce Additive Manufacturing of Carbon Composite Parts Solvay is working with advanced manufacturing solution OEM 9T Labs AG (Zürich, Switzerland) to help bring additively manufactured carbon fiber-reinforced plastic (CFRP) parts to mass production. The joint effort enables 9TLabs’ innovative additive manufacturing technology to produce low-to-medium volume size parts for the aerospace, medical, luxury/leisure, automation, and oil and gas industries. Solvay will focus on the development of carbon fiber-reinforced polyetheretherketone (CF/PEEK), ……. LANXESS’ High Performance Materials Business Unit to Become Legally Independent LANXESS will transfer its High Performance Materials (HPM) business unit to an independent legal corporate structure. LANXESS will begin implementation in the first half of 2022. The portfolio of the HPM business unit includes the engineering plastics polyamide and polybutylene terephthalate, as well as thermoplastic fiber composites. The business unit is characterized by the high backward integration of its production processes. HPM is one of the leading suppliers of high-performance plas ……. Connecticut Center for Advanced Technology Unveiled Advanced Composites Technology Center The Connecticut Center for Advanced Technology (CCAT) officially unveiled the Advanced Composites Technology Center, a unique public-private partnership with CCAT, Pratt & Whitney, Goodwin University and the State of Connecticut. The center, housed at Goodwin University and utilizing leading-edge aerospace manufacturing technology from Pratt & Whitney, will create an Educational Center of Excellence in East Hartford that builds upon Connecticut’s rich history of innovation. The Advanced Compo ……. Aeronix Technologies Introduces Fully Integrated Vacuum Station for Composite Manufacturing Aeronix Technologies has launched a new range of modular mobile vacuum stations. Designed specifically for the vacuum processing of composite parts the ‘Aeronix Technologies VacStation’ ensures the key tools required for this complex process, are easily on hand; reducing set-up time and helping to maximize productivity. Commercial Director, Andrew Edge stated: “This is a fantastic new addition to the Aeronix Technologies range of products; whether you are working with prepreg, VARTM, Infusion ……. SAMI Unveils Facility to Manufacture Composite Aerospace Components Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), apprised of the launch of its composite manufacturing facility, SAMI Composites LLC, to produce composite parts for structural aerospace sub-assemblies, contributing to enhancing the Kingdom’s industrial capabilities in the field of air and defense industries. The facility has state-of-the-art systems and equipment to ensure the highest standards of production. It has a large cleanroom spanni ……. New Material University of Washington Researchers Develop New Healable Carbon Fiber Composites A research team that includes UW mechanical engineering Assistant Professor Aniruddh Vashisth describes a new type of carbon fiber reinforced material that is as strong and light as traditionally used ones but can be repeatedly healed with heat, reversing any fatigue damage and providing a way to break it down and recycle it when it reaches the end of its life. “Developing fatigue-resistant composites is a major need in the manufacturing community,” says Vashisth. “In this paper, we demonstra ……. Application Development Spartech Launches Anti-Stat HIPS and Anti-Stat UltraTuf PETG Thermoplastic Options for Electrically Controlled Applications Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, introduces Anti-Stat HIPS (High Impact Polystyrene Sheet) and Anti-Stat UltraTuf PETG (Polyethylene Terephthalate Glycol) – thermoplastic sheet products. Along with Spartech Royalite R63 and R632 conductive fire-rated thermoplastic sheets, these two new products possess anti-stat capability with custom surface resistivity and static decay, provide significant aesthetics, durability and chemical resistan ……. Financial TPI Composites, Inc. Releases Third Quarter 2021 Earnings Results TPI Composites, Inc. reported financial results for the third quarter ended September 30, 2021. Highlights For the quarter ended September 30, 2021: • Net sales of $479.6 million • Net loss of $30.7 million or ($0.83) per diluted share • EBITDA loss of $6.5 million • Adjusted EBITDA of $0.2 million Third Quarter 2021 Financial Results Net sales for the three months ended September 30, 2021, increased by $5.5 million or 1.2% to $479.6 million as compared to $474.1 million in the s ……. Avcorp 2021 Third Quarter Financial Results Avcorp Industries Inc. apprised of its financial results for the quarter ended September 30, 2021. All amounts are in Canadian currency unless otherwise stated. 2021 Third Quarter Highlights Third quarter 2021 revenue was $25,905,000 compared to $33,769,000 in 2020. 2021 revenue decreased by $7,864,000 in comparison to 2020. Third quarter 2021 net loss was $3,172,000 compared to net loss of $1,263,000 in 2020. Third quarter 2021 cash flows from operating activities before changes in no ……. Price Movement AOC Price Increase AOC apprised of a price increase of 150-200 Euros per ton (depending on resin chemistry) for its entire portfolio of Unsaturated Polyester (UPR) and Epoxy Vinyl Ester (VE) resins sold in Europe, Middle East and Africa. The price increase will take immediate effect, or as soon as contracts allow. This price increase is on top of the previously declared price increase of September 24, 2021. “AOC is seeing steep increases in the cost of raw materials, in particular for Styrene and Maleic anhy ……. Awards and Certifications The Ultimate Boat Company Shortlisted for Environmental Initiative at Metstrade Boat Builder Awards 2021 Glasgow-based The Ultimate Boat Company (UBC) has been shortlisted for the ‘Environmental Initiative’ category of the forthcoming METSTRADE Boat Builder Awards as a result of its pioneering use of a revolutionary sustainable technology and material in boatbuilding. ExoMarine, the marine variant of DANUTM, was created by UBC’s parent company, ExoTechnologies, as an alternative to glass reinforced plastic (GRP) with the goal of combatting the growing problem of old boats being disposed of via ……. New Reports in Composites Market Published By Lucintel Opportunities in the Short Fiber Thermoplastics Market: Growth Trends, Forecast and Competitive Analysis, October 2021 Opportunities and Competitive Analysis of the Non-Woven Textile Market, October 2021 Opportunities in the Polyurethane Tooling Board Market: Growth Trends, Forecast and Competitive Analysis, October 2021 Trends, Opportunities and Competitive Analysis of the Natural Fiber Composite Market, October 2021 Opportunities and Competitive Analysis of the Flame Retardant Resin in the Transportation Composites Market Report: Trends, Forecast and Competitive Analysis, October 2021 Opportunities for Epoxy Resin In The Global Composites Market: Growth Trends, Forecast and Competitive Analysis, October 2021 Opportunities in the Continuous Fiber Thermoplastic (CFT) Market: Growth Trends, Forecast and Competitive Analysis, October 2021 Invar Tooling Market Report: Trends, Forecast and Competitive Analysis, October 2021 Opportunities in the Advanced Composites Market: Growth Trends, Forecast and Competitive Analysis, October 2021 Opportunities for Glass Fiber In The Global Automotive Composites Market: Growth Trends, Forecast and Competitive Analysis, October 2021 Opportunities and Competitive Analysis of Composites in the Global Sporting Goods Market, October 2021 Opportunities and Competitive Analysis of Repair and Rehab in the Global Construction Industry, October 2021 Growth Opportunities of Thermoset Resin in the Global Composites Market, October 2021 Opportunities and Competitive Analysis of Unsaturated Polyester Resin in the Global Automotive Composites Market, October 2021 Opportunities for Thermoplastic Resin in The Global Automotive Composites Market: Growth Trends, Forecast and Competitive Analysis, September 2021 Opportunities and Competitive Analysis of the Long Fiber Thermoplastics Market, September 2021 Trends, Opportunities and Competitive Analysis of the Glass Fiber Textiles Market, September 2021 Opportunities and Competitive Analysis of the Carbon Fiber Market, September 2021 Unsaturated Polyester Resin Market: Trends, Forecast and Competitive Analysis, September 2021 Opportunities and Competitive Analysis of the Carbon Fiber Reinforced Plastic Market, September 2021 Trends, Opportunities and Competitive Analysis of Composites in the Oil And Gas Market, September 2021 Opportunities and Competitive Analysis of the FRP Panel Market Report, September 2021 Growth Opportunities in Global Composites Market, July 2021 Growth Opportunities in the Global Thermoplastic Unidirectional Tape Market, July 2021 Glass Fiber Reinforced Plastic Market Report: Trends, Forecast and Competitive Analysis, July 2021 Glass Fiber Market Report: Trends, Forecast and Competitive Analysis, July 2021 Vinyl Ester Resin Market Report: Trends, Forecast and Competitive Analysis, July 2021 Growth Opportunities in the Global Composite Rebar Market, July 2021 Growth Opportunities in the Global CNG Tank Market, July 2021 Vacuum Bagging Material Market Report: Trends, Forecast and Competitive Analysis, July 2021 Carbon Fiber Textile Market Report: Trends, Forecast and Competitive Analysis, July 2021 Pultrusion Market Report: Trends, Forecast and Competitive Analysis, February 2021 Prepreg Market Report: Trends, Forecast and Competitive Analysis, January 2021 Composites Distributor Market Report: Trends, Forecast and Competitive Analysis, January 2021 Events Composites Evolution at METSTRADE 2021 Sales Manager Scott Mcdonald will be attending METSTRADE 2021 on November 18, 2021. Scott will be available to discuss how their prepregs can be used in marine applications and the exciting opportunities they present. There is a big focus on sustainability this year – Scott’s range of Evopreg ampliTex natural fiber flax prepregs are a great way of significantly reducing the CO₂ impact of traditional composites. For identifying opportunities in the marine port and service market: growth ……. LANXESS at UTECH Europe 2021 At a conference scheduled to be held on November 16 in parallel with the trade fair, employees of the Urethane Systems (URE) business unit will be giving four presentations focusing on sustainable and ecofriendly solutions. The presentations cover the following topics: • A novel hot-cast / cold-cure system for polyurethane (PU) that saves energy and cuts CO2 emissions • Adiprene Green – A new, bio-based solution for PU elastomers • Pellart – Water-based adhesive agent systems for surface-tr ……. Others DIEFFENBACHER Fiberforge and SMC Systems Boosts Material Utilization With its Fiberforge tape laying system and the fully automatic SMC cutting and packaging system, DIEFFENBACHER, a supplier of complete composite systems, offers two solutions that significantly reduce material consumption in the production of carbon and SMC components. The DIEFFENBACHER Fiberforge enables fully automated production of layups from thermoplastic UD tapes for small and large series production. Using the special DIEFFENBACHER nesting method, the tapes are cut to the required leng ……. UK’s First Composites Technology Forum Dedicated to the Defense Sector Launched by the National Composites Centre The National Composites Centre (NCC) launched the Composites Technology Forum for UK Defence, bringing together large industry primes, academia and SMEs to share knowledge, expertise and opportunities for future collaboration. The kick-off meeting for the forum was hosted at the NCC’s facility in Bristol, supported by the Ministry of Defence executive agencies: the Defence Science and Technology Laboratory (DSTL), Atomic Weapons Establishment (AWE) and the Submarine Delivery Agency; as well a ……. University of Limerick Developing Innovative Composites Recycling Solution Researchers at University of Limerick are working on an innovative solution to improve the recyclability of composite materials used in the construction, aerospace and automotive industries. The next generation recyclable composites are being developed by the VIBES project, a pan-European consortium of which the University of Limerick is the only university partner, and could have a significant climate impact, while also creating new jobs in the sector. The project seeks to improve the rec …….