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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, May 09, 2022 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”,”Financial”, “Events”,”People”, and “Others”. Business Development Arrangement Agreement between Avcorp and Latecoere S.A. Avcorp Industries Inc. informed that Avcorp has entered into a definitive arrangement agreement with Latecoere S.A., a “Tier 1” international partner of the world’s major aircraft manufacturers (Airbus, Boeing, Bombardier, Dassault, Embraer and Mitsubishi Aircraft), which serves aerospace with innovative solutions for a sustainable world. Under the Arrangement Agreement, Latecoere S.A. has agreed to acquire all of the issued and outstanding common shares of Avcorp (each, an “Avcorp Share”) for ……. Hankuk Carbon Joins Dymag in Strategic Partnership Hankuk Carbon Co Ltd, manufacturer of advanced composite materials, has formed a strategic joint-partnership with Dymag, a world leader in carbon composite wheels, to enable the mass production of state-of-the-art high-performance carbon composite wheels for the world’s leading automotive OEMs. Together, the two companies will work to scale-up mass production of Dymag’s cutting-edge BX-F carbon composite wheel. The collaboration will apply Hankuk Carbon’s expertise in advanced materials and in ……. Collaboration between Cannon Ergos and Boeing Cannon Ergos, a company of the Cannon Group, a world leader in technologies, processing equipment and mold manufacturing for the composites industry, is working with Boeing on molding trials for the feasibility of using recycled carbon fiber (rCF) for the fabrication of aircraft cabin interior sidewall panels. The project’s latest stage involves Mitsubishi Chemical Advanced Materials (MCAM), a global supplier of high-performance reinforced polymers for which Cannon Ergos has designed, manufactu ……. Cannon Afros Develops Innovative Direct Resin Infusion System to Boost Wind Turbine Rotor Blade Manufacture Cannon Afros, a company of Cannon Group and market leader in high-performance dosing and mixing equipment, has developed an innovative direct infusion system for faster processing of epoxy and polyurethane (PU) resin systems for the manufacturing of wind turbine rotor blades. “Benefitting from its long experience of designing and constructing infusion resin mixing machines and auxiliary equipment for degassing resins and hardeners, Cannon Afros focused on improving the cost-efficiency of this p ……. Partnership between Voith Composites and V-Carbon to Develop First Sustainable Closed-Loop Solution for CFRP Materials for H2-Systems Voith Composites, Composites 4.0 leader and production center of carbon fiber-reinforced composites in the Voith Group, intent to partner with V-Carbon, an advanced materials technology company that delivers sustainable carbon fiber material systems. The partnership will establish and deliver industry leading innovation to achieve the first sustainable and closed-loop solution for CFRP materials for H2 systems. V-Carbon is an advanced materials technology company, developing the first fully int ……. Arxada and Novoset Sign License Agreement to Develop Next Generation Composite Materials Arxada, a global leader in specialty chemicals, and Novoset LLC, a technology and process driven “system solution” thermoset polymer material company, have signed an exclusive license agreement for the production and sale of a next generation hydrocarbon-based resin system for telecommunications and advanced semiconductor packaging. Under the terms of the agreement, Arxada will develop, manufacture and commercialize the resin system developed by Novoset. The technology will be developed by Ar ……. Financial SGL Carbon Witnesses Sales Increase in Q1 2022 SGL Carbon generated consolidated sales of EUR 270.9 million in Q1 2022 (Q1 2021: EUR 241.5 million). This corresponds to an increase of EUR 29.4 million or 12.2% as compared to the same period of the prior year. All four business units contributed to the pleasing increase in sales. In parallel, adjusted EBITDA improved by 11.5% to EUR 36.8 million in the reporting period. In the first three months of fiscal 2022, the sales increase of EUR 29.4 million was driven by all four operating business ……. Events Techmer PM to Showcase New PETG Compounds for 3D Printing Composite Tooling at RAPID + TCT Techmer PM LLC, the Clinton-based compounder and materials design firm, continues to collaborate with 3D printing leaders to produce versatile new thermoplastic materials for use with pellet-fed, large-format printers. At the RAPID + TCT show in Detroit on May 17-19, Techmer can be found on Booth #2213, along with Thermwood Corp., which can build large-scale additive manufacturing machines (LSAM) up to 100 feet in length. Techmer PM has developed a number of general-purpose and specialized 3D p ……. Fernando Alonso and SimplyEV Debut Kimoa E-Bike at Miami Grand Prix Week Kimoa is launching its first e-bike during the week of the FORMULA ONE CRYPTO.COM MIAMI GRAND PRIX 2022. The Kimoa E-Bike is powered by Arevo’s lineup of the world’s first custom 3D-printed carbon fiber e-bikes, made-to-measure for each rider in a strong, impact-resistant, unibody frame. The Kimoa E-Bike will retail starting at $3,999, and will be exclusively sold online at www.kimoa.com and in-store at SimplyEV and Simply Mac locations across the US. The all-new Kimoa E-Bike powered by Arevo ……. Teijin’s Composite Highlights at JEC World 2022 The Teijin Group will showcase a wide variety of high-performance composite products at JEC World 2022 from May 3 to 5 in Paris. Concentrating on aerospace and automotive applications, stated as the group’s Strategic Focus in its Medium-term Management Plan for 2020–2022, the following exhibits can be experienced at the Teijin booth (hall 6, booth G28): – Trailing edge panel for aircraft produced by Spirit Aerosystems using Tenax – Aircraft wing rear spar produced by Airbus Spain-FIDAMC using ……. AVANCO at JEC 2022 For the first time, AVANCO will enter the stage as AVANCO COMPOSITE at a joint booth NRW in hall 5 at booth G55 showcasing the entire group’s strengths and competences in regards to composites. As AVANCO COMPOSITE, the company will show along with its experts from INOMETA, DYNEXA and XELIS – its composite solutions and its know-how around the materials CFRP and GFRP. AVANCO experts will provide an insight into its filament winding processes and the production of thermoset composite products. T ……. People ALPOLIC Americas Names Paul Olson New COO Mitsubishi Chemical America’s ALPOLIC Division, a leader in metal composite material (MCM) manufacturing, apprised of the promotion of Paul Olson to Chief Operating Officer effective June 3, 2022. Olson will succeed retiring industry veteran, William “Bill” Yannetti, who has been with the company since 1989, before ALPOLIC manufacturing in the United States was launched. Olson, who joined the company in 2001, has worked closely with Yannetti in various roles for ALPOLIC, with the most recent be ……. Others National Composites Centre’s New Digital Design Trial on a Composite Hydrogen Pressure Vessel Five Times Faster The National Composites Centre (NCC) has successfully completed a proof-of-concept project that demonstrates the transformative impact of digital tools on the design process for the complex engineering industry. The application of Multi-Disciplinary Optimization (MDO) techniques to a composite hydrogen pressure vessel has resulted in identifying an optimum design five times faster than a traditional, sequential approach. Offering a new approach to redesigning and remaking sustainable products ……. NCC and ORE Catapult SusWIND Program’s Key Achievements The National Composites Centre (NCC), in partnership with the Offshore Renewable Energy (ORE) Catapult, launched the SusWIND program to drive the future sustainability of composite wind turbine components. In its first annual review, the NCC has published the key findings of the program and sets out ambitious plans to tackle the main challenges of legacy and future blades. The review highlights a number of key achievements that are critical to a sustainable future of wind turbine blades, inc ……. New Reports in Composites Market Published By Lucintel Glass Fiber Market: Trends, Opportunities and Competitive Analysis, April 2022 Composites Market: Trends, Opportunities and Competitive Analysis, April 2022 ASEAN Automotive Composites Market: Trends, Opportunities and Competitive Analysis, February 2022 Aramid Paper Market: Trends, Opportunities and Competitive Analysis, February 2022 Aramid Fiber Market: Trends, Opportunities and Competitive Analysis, February 2022 Polyamide Resin Market: Trends, Opportunities and Competitive Analysis, February 2022 Opportunities in North American FRP Tank Market: Market Size, Trends and Growth Analysis, February 2022 UK Composites Market Report: Trends, Forecast and Competitive Analysis, February 2022 Composites in North America Automotive Market: Market Size, Trends and Growth Analysis, February 2022 Honeycomb Core Material Market: Trends, Opportunities and Competitive Analysis, February 2022 Opportunities and Competitive Analysis of the Chinese Pultrusion Market, February 2022 Balsa Core Material: Trends, Opportunities and Competitive Analysis, February 2022 FRP Tank Market: Market Size, Trends and Growth Analysis, February 2022 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 To sponsor this newsletter, write to editor@lucintel.com .Become a part of this powerful and cost-effective marketing tools in growing your business. 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