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helpdesk@lucintel.com<\/a> +1-972-636-5056 My Account .<\/a><\/p>\n Follow us on: <\/strong><\/p>\n Home<\/a><\/p>\n About Us <\/a><\/p>\n Consulting <\/a><\/p>\n Market Reports <\/a><\/p>\n Country Research <\/a><\/p>\n Lucintel 360 <\/a><\/p>\n Training <\/a><\/p>\n Composites Market Insights, May 16, 2022<\/strong><\/p>\n Copyright Lucintel, Dallas, TX, USA Tel.: +1-972-636-5056<\/strong><\/p>\n 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.<\/strong><\/p>\n To submit your company\u2019s latest developments \/ news or to announce a job opening, write to editor@lucintel.com<\/a>. 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.<\/p>\n Click the Headlines below for more detail on the news article. News articles are divided into sections such as \u201cBusiness Development\u201d,\u201d New Material\u201d Financial\u201d, \u201cAwards and Certifications\u201d, \u201cEvents\u201d, \u201d People\u201d, and \u201cOthers\u201d.<\/p>\n Business Development<\/strong><\/p>\n Stratasys Expands F123 Series with Two New Composite-Ready 3D Printers<\/a><\/strong><\/p>\n Stratasys Ltd. has expanded its F123 Series of 3D printers with the introduction of the F190CR and F370 CR 3D printers, plus new FDM Nylon-CF10 material reinforced with carbon fiber. The new printers offer high stiffness and strength materials in a hardened machine ready for composite material printing. The new composite 3D printers are designed for manufacturers and industrial machinists to supplement traditional fabrication technologies with high-strength composite 3D printing. The printers h \u2026\u2026.<\/p>\n Hexcel Introduces HexPly Nature Range<\/a><\/strong><\/p>\n Hexcel has developed a new product range that combines Hexcel resin systems made with bio-derived resin content with natural fiber reinforcements to create material solutions for Automotive, Winter Sports, Marine and Wind Energy applications. HexPly Nature Range includes proven resins such as HexPly M49, M78.1-LT and M79 but with bio-derived epoxy resin content. The excellent resin characteristics remain unchanged in the new Nature Range products, maintaining high mechanical performance and c \u2026\u2026.<\/p>\n Teijin Automotive Technologies Starts Expansion for Its Huntington, Indiana, Facility<\/a><\/strong><\/p>\n Teijin Automotive Technologies broke ground to expand the capabilities at its Huntington, Indiana, facility, adding a topcoat line and assembly area. These additions enhance the capabilities of the company\u2019s Huntington facility, which currently include compression molding, bonding, water jetting, sanding, and priming. Specifically, Teijin Automotive Technologies purchased 30 acres in the new Riverfork West Industrial Center and will be building a 164,400 square-foot facility on this site to hou \u2026\u2026\u2026.<\/p>\n Wind Turbine Blade Recycling Project PRoGrESS Commences<\/a><\/strong><\/p>\n A pioneering new project gets properly underway this week to develop Britain\u2019s first wind turbine blade recycling pilot plant. Project PRoGrESS is a GBP 2 million, three-year scheme, that is part-funded by Innovate UK and leading industry partner Aker Offshore Wind, and seeks to deliver a circular model for wind turbine blades to support the UK\u2019s ambitious climate change targets. Project PRoGrESS aims to commercialize a revolutionary method developed by the University of Strathclyde, sepa \u2026\u2026.<\/p>\n Permali Invests More than GBP 6 Million in State-of-the-Art Fabrication Site<\/a><\/strong><\/p>\n Diamorph Group, Permali\u2019s new owners, has apprised of its investment of GBP 6 million+ to support manufacturing of composite materials and bearings at its Gloucester facility. The primary Composite and Polymer Materials (CPM) manufacturing site is in Gloucester; the home of Permali and the future home of Tenmat composites & Railko, some of the best-known material brands in exciting industries, such as F1, Defense, Marine, Aerospace and Rail. So far, Diamorph plans to invest 6 million on developi \u2026\u2026.<\/p>\n Long Term Supply Agreement between NanoXplore and Molding Products<\/a><\/strong><\/p>\n NanoXplore Inc. has entered into a long-term supply agreement with Molding Products LLC to produce and sell graphene-enhanced Sheet Molding Compound (SMC) called GrapheneBlack SMC, used to create high quality, lightweight composite exterior and battery enclosure parts for cars and trucks, such as hoods, bumpers, roofs, and battery packs. GrapheneBlack SMC delivers weight reduction of up to 15% vs typical composite parts while also improving surface finish, paintability, and crack resistance. Und \u2026\u2026.<\/p>\n ARX Equity Partners Acquires Brebeck Composite<\/a><\/strong><\/p>\n ARX Equity Partners acquires majority stake in Brebeck Composite s.r.o., a Czech headquartered manufacturer of composite products from carbon fiber (\u201cBrebeck\u201d or \u201cthe Company\u201d). Brebeck is now one of the leading European manufacturers of carbon fiber parts and components, used mainly in technically demanding motorsport activity and automotive applications. Moving forward, both founders will retain a significant minority stake in the Company and Mr. Brebeck will continue to drive the further gro \u2026\u2026.<\/p>\n Cannon Ergos Collaborates with Boeing to Mold Thermoplastic Composite Aircraft Sidewall Panels<\/a><\/strong><\/p>\n 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 recovery and reuse of carbon fiber waste during production processes and end-of-life applications, such as automotive and aeronautics, has proved to be economically viable. This sup \u2026\u2026.<\/p>\n New Material<\/strong><\/p>\n SABIC Unveils New Upcycled LNP ELCRIN WF0061BiQ Resin<\/a><\/strong><\/p>\n SABIC introduced LNP ELCRIN WF0061BiQ resin, a novel material that uses ocean-bound polyethylene terephthalate (PET) bottles as a feed stream for chemical upcycling into polybutylene terephthalate (PBT) resin. The new LNP ELCRIN WF0061BiQ grade, a glass fiber-reinforced PBT material, features non-brominated, non-chlorinated flame retardancy meeting the UL94 V0 standard at 0.8mm and F1 rating. It also delivers excellent heat resistance, toughness and stiffness, and high flow well-suited for mol \u2026\u2026.<\/p>\n Financial<\/strong><\/p>\n Stratasys Sees Strong Recovery in Composite Systems Segment with $106 Million Revenue<\/a><\/strong><\/p>\n Revenue in the first quarter of 2022 for Composite Systems increased by $35.3 million, or 50%, as compared to the first quarter of 2021, with an operating income of $6.9 million. Demand for retail fuel and water\/wastewater FRP tanks remained strong while production continued to be constrained by availability of certain raw materials. Improved demand for tubular management services and composite pipe persisted as well counts and drilling and completion activities rose across North America, drivin \u2026\u2026.<\/p>\n Awards and Certifications<\/strong><\/p>\n Winners of the SMC BMC Design Award 2022- \u201cSustainable Living\u201d<\/a><\/strong><\/p>\n Isa Buitenhuis (student Industrial Design at Technical University Delft) has won the Gold Award of the SMC BMC Design Award 2022. During the award ceremony at JEC World 2022 she presented the LightTurn, a new experience for seated showering targeted at elderly consumers, providing great ergonomics to the user, durability, low water usage and a wonderful design. As winner of the SMC BMC Design Award Gold Award, Isa received a prize of EUR 7,500 in cash. In addition, she will receive support fr \u2026\u2026.<\/p>\n Events<\/strong><\/p>\n Trelleborg Showcases High-Performance Plastics and Composite Materials at Global Industry 2022<\/a><\/strong><\/p>\n Trelleborg Sealing Solutions will exhibit its technical solutions in elastomers, high-performance plastics and composite materials at Global Industry 2022 in Paris, France, from May 17 to 20, 2022. Located in Hall 5, on stand 5R58, attendees can see innovative technologies including high precision micro-molded components; multicomponent technology, a technique that creates a single component from multiple assembled parts; a wide range of Isolast Perfluoroelastomer (FFKM) materials, specifical \u2026\u2026.<\/p>\n Registration Now Open for the 64th Polyurethanes Technical Conference<\/a><\/strong><\/p>\n Join leading polyurethane industry professionals and experts from all across the USA this October 3-5, at the Gaylord National Harbor in National Harbor, Md., for the 64th Polyurethanes Technical Conference, the longest-running polyurethanes conference in North America. The Conference, hosted by the American Chemistry Council\u2019s Center for the Polyurethanes Industry (CPI), will feature creative applications and the latest innovations in polyurethane chemistry. Registration for the Conference is n \u2026\u2026.<\/p>\n The British Motor Museum\u2013 Venue for MotorsportAM<\/a><\/strong><\/p>\n Fluency has informed that the British Motor Museum is the venue for its upcoming Advanced Materials Event, MotorsportAM, taking place on October 4th -5th, 2022. The British Motor Museum in Warwickshire, UK, will host the two-day event showcasing relevant innovations made in the motor racing sector. MotorsportAM will present industry evolution across the world of advanced materials and engineering for Motorsport applications. Bringing the latest in lightweight solutions to the ever-changing rule \u2026\u2026.<\/p>\n Toray Group at SAMPE Conference and Exhibition<\/a><\/strong><\/p>\n The Toray Group will showcase its wide range of TORAYCA carbon fiber, Cetex thermoplastics composites and other high performance composite materials when the company exhibits at SAMPE 2022 on May 24-25 in Charlotte, North Carolina, booth L9. Toray Composite Materials America, Inc. will feature its portfolio of toughened prepreg systems. These materials are well-suited for the UAM market and aerospace programs such as the Hi-Rate Composite Aircraft Manufacturing (HiCAM) Program. Toray Adva \u2026\u2026.<\/p>\n People<\/strong><\/p>\n Exel Composites\u2019 President and CEO Riku Kytomaki to Resign in November 2022<\/a><\/strong><\/p>\n Exel Composites Plc\u2019s President and CEO Riku Kytomaki has decided to leave the company to assume a new position outside the company. Kytomaki has been President and CEO of Exel Composites since January 2014 and he will leave his position in November 2022, at the latest. The company will immediately start the recruitment process to appoint a new President and CEO. \u2026\u2026.<\/p>\n Others<\/strong><\/p>\n Cristex Composite Materials Joins NCC\u2019s SME Affiliate Scheme<\/a><\/strong><\/p>\n The National Composites Centre has informed that Cristex Composite Materials has joined its SME Affiliate Scheme. Cristex Composite Materials is one of the UK\u2019s premier suppliers of High-Performance Fibers and Fabrics for the UK Composites and Reinforced Plastics Markets. Cristex, formed in 1990, supplies a comprehensive range of products manufactured from glass fiber, carbon fire, aramid fiber, thermoplastic as well as epoxy resins and adhesives. Cristex supplies to an extensive range of \u2026\u2026.<\/p>\n New Reports in Composites Market Published By Lucintel<\/strong><\/p>\n\n