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Composites Market Insights, February 07, 2022 |
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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”, “Financial”, “Awards and Certifications”, “People”, and “Others” |
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Business Development |
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Partnership between Airborne and Venturi Aviation |
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Venturi Aviation, a Dutch company, developing the Echelon 01, and Airborne, leader in the automated and digital manufacturing of advanced composites, have apprised of their partnership on lightweight composite structures for all-electric aircraft. The Echelon 01, an all-electric commuter aircraft with a 44-seat capacity and 500 km range that matches the needs of regional airliners, is envisioned to be launched in 2028 and will be manufactured in volume production from 2029 onward. To realize ……. |
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Hexion Holdings Completes Sale of Epoxy Businesses to Westlake Chemical |
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Hexion Holdings Corporation has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the “Epoxy Business”) for approximately $1.2 billion to Westlake Chemical Corporation. With the completion of the transaction, Hexion consists of the Company’s existing Adhesives and Versatic Acids and Derivatives product lines. Hexion plans to continue to build on its strong momentum ……. |
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Unitech Composites to Manufacture Raisbeck Engineering’s Wing Locker |
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Unitech Composites Inc., a leading supplier of complex composite components and assemblies for the aerospace and defense industry, apprises of a $10M+ award for the manufacturing of Raisbeck Engineering’s Wing Lockers for the King Air family. This award is significant for Unitech Composites as it furthers Unitech’s strategy of focusing on large, complex hand laid-up assemblies with tight tolerance composite CNC machining requirements. This is a large program both in volume and part manufactur ……. |
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Qatar Airways Receives New Order for GE9X Engines to Power Boeing 777-8 Freighters |
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Qatar Airways has received a new order for GE9X engines as part of its global launch order of up to 50 Boeing 777-8 Freighters. The commitment includes 30 GE9X engines and four GE90-115B engines, plus GE TrueChoice services. The total value of the order with GE is more than $6.8 billion list price, including spare engines and a TrueChoice services agreement to cover the maintenance, repair and overhaul (MRO) of the engines. This order is in coordination of Qatar Airways’ agreement for 34 firm ……. |
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Ensinger Acquires the StyLight Thermoplastic Composite Business from INEOS Styrolution |
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Ensinger has acquired the StyLight thermoplastic composite materials business of INEOS Styrolution. The acquisition adds an exclusive SAN based product range to Ensinger’s comprehensive thermoplastic composite portfolio. SAN based products bring many new thermoplastic composite possibilities to the market such as carbon, glass and natural (flax) based fiber products for aesthetic materials, semi structural, and over molding applications to name a few. Ensinger has rebranded StyLight to its th …… |
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Solvay’s PVDF Capacity Investment in Europe |
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Solvay is further extending its existing leadership position in the global lithium-ion battery market by expanding its production capacity of high-performance polymer Solef polyvinylidene fluoride (PVDF) at its site in Tavaux, France. Building on its previously declared PVDF capacity increase at its site in Changshu, China, this new project will expand its capacity in Europe to 35 kilotons, creating the largest PVDF production site in the region. This investment will be completed by December 202 ……. |
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Partnership between Anisoprint and Sedaxis to Grow Carbon Fiber 3D Printing in India |
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Anisoprint, a hardware Startup producing Carbon Fiber 3D Printers, notified of its exclusive partnership with Sedaxis Advanced Materials, a service and distribution partner for emerging technologies, to expand their presence and spread carbon fiber 3D printing in India. Both companies signed a reseller agreement for the Indian market and under this agreement Ansoprint will be exclusively distributing its continuous fiber 3D printing systems and patented technology via Sedaxis. The collabor ……. |
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IACMI Acquires Spinning Carbide Line Technology |
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IACMI – The Composites Institute has recently acquired spinning carbide line technology. The equipment is configured for batch process melt spinning of high performance polymers such as preceramic polymers for production of Silicon Carbide fibers. Located at the Auxiliary Services Building along Stephenson Drive at the University of Tennessee, Knoxville campus, this technology can benefit multiple industries and applications including defense and hypersonics, high temperature, aerospace, UAV ……. |
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Technology Development |
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IACMI Acquires Spinning Carbide Line Technology |
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IACMI – The Composites Institute has recently acquired spinning carbide line technology. The equipment is configured for batch process melt spinning of high performance polymers such as preceramic polymers for production of Silicon Carbide fibers. Located at the Auxiliary Services Building along Stephenson Drive at the University of Tennessee, Knoxville campus, this technology can benefit multiple industries and applications including defense and hypersonics, high temperature, aerospace, UAV ……. |
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Financial |
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Gurit Reports Net Sales of Composite Materials in 2021 |
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Gurit reported preliminary and unaudited net sales of CHF 467.9 million for the full year 2021. This is a decline of -19.8% at constant exchange rates or -18.9% in reported CHF versus prior year. The Board of Directors of Gurit Holding AG is proposing to the Annual General Assembly a share split and the introduction of a single share structure, as a measure to further strengthen the company’s Corporate Governance and ESG performance. Gurit saw its 2021 net sales impacted by a globally reduced ……. |
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Awards and Certifications |
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HYPETEX and Adidas Selected as JEC Innovation Awards 2022 Finalists |
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Hypetex, the market leaders in coloring carbon fiber materials, informed that its Hypetex Kromaskin field hockey stick for adidas has been selected as a finalist for the 2022 JEC Innovation Awards. Hypetex was commissioned by adidas to develop a market leading hockey stick differentiated from existing equipment not just by its unique pigmented carbon fiber finish, but also by its game changing hitting power and consistency. The patented range of Kromaskin sticks, created with support from pro ……. |
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New Reports in Composites Market Published By Lucintel |
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- 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
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People |
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Hicham Ghossein to Serve as IACMI Consortium Council’s SME Representative 2 |
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Endeavor Composites CEO and President Hicham Ghossein has been elected to serve a two-year term on the IACMI Consortium Council. Hicham replaces Norplex-Micarta Sales Director Dustin Davis as Small/Medium Enterprise (SME) Representative 2. This new addition to the Consortium Council will join Ex Officio Members IACMI Executive Director Dale Brosius, IACMI CTO Uday Vaidya, CCS BOD Liaison Tom Drye, and UT Research Foundation’s Dr. Maha Krishnamurthy. The Consortium Council also consists of Pr ……. |
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Others |
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Strohm to Deliver Digital X-Ray System for Use on Carbon Fiber Based Designs |
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Strohm has been working with its development partner Digital X-Ray Engineering Ltd. to deliver an automated, highly sensitive digital X-ray system for use on the company’s carbon fiber based designs for both PA12 and PVDF full pipe cross section mapping. The system developed by this specialist UK inspection company has the highest levels of sensitivity to identify even the smallest anomalies in the pipe construction. This unique system gives us the ability to provide clients with a 100% pipe ……. |
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NREL Researchers Show Plant-Based Epoxy Enables Recyclable Carbon Fiber |
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Through a project supported by the U.S. Department of Energy’s Vehicle Technologies Office, under the Composites Core Program, Rorrer and other NREL researchers have shown that making carbon fiber composites with bio-based epoxies and an anhydride hardener makes the material fully recyclable by introducing linkages that are more easily degraded. In fact, the recycling process—called methanolysis—can be selectively triggered at room temperature without degrading the quality or orientation of the ……. |