Composites Market Insights 10 August 2020

Ağustos 11, 2020
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Lucintel firmasının 10 Ağustos 2020 tarihli haftalık haber bülteni aşağıda yer almaktadır.

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Composites Market Insights, August 10, 2020
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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”, “Application Development”, “Financial”, “Awards and Certifications”, “People”, and “Others”.
Business Development
Multi-Year Contract between Kaman Composites Vermont and a Major Engine OEM
Kaman Composites – Vermont, Inc., a subsidiary of Kaman Corporation, has entered into a new Long Term Agreement with a major engine OEM to manufacture components for both existing production and newly developed engine programs. The components will be industrialized and manufactured at Kaman’s facilities in Bennington, Vermont, with initial deliveries expected by the end of 2020. Composite components for the multi engine programs will be a significant growth opportunity for the Bennington, Ver …….

ONR Gives $5 Million Navy Contract to Navatek and UMaine
The Office of Naval Research (ONR) has awarded Navatek LLC and the University of Maine’s Advanced Structures and Composites Center (ASCC) a $5 million contract to research materials and novel manufacturing tools and methods to improve the design and construction of Navy and Marine Corps vessels; maximizing the speed, range, payload and survivability for Naval missions, while lowering cost and build time. This research will explore opportunities to apply additive manufacturing (i.e. 3D printin …….
Hartzell Propeller Offers Odyssey for Cirrus SR22 and SR22T Aircraft
Cirrus SR22 and SR22T pilots can now add Hartzell Propeller’s four-blade structural composite carbon fiber propeller, called the Odyssey, to their airplanes for $35,000. The new propeller has been available as an STC option for new aircraft from the factory since earlier this year. Hartzell’s new offering is supplied with a polished aluminum spinner assembly and is available with or without ice protection. It is available from prop shops, FBOs or direct from Hartzell under the company’s Top P …….
NCC and Teijin Carbon Europe Strengthen Innovation Partnership
Teijin Carbon Europe GmbH has upgraded to Tier 2 membership with the National Composites Centre (NCC) as a key part of their strategy to support next generation aerospace manufacturing projects. Teijin originally joined the NCC as an Associate Member in November 2018. Teijin Carbon Europe is well placed to support the NCC to advance its materials and manufacturing technologies. Teijin Carbon Europe looks forward to supporting the NCC and partners on various high performance aerospace projects …….
Aerion Supersonic & Spirit AeroSystems Agreement Extended
Aerion has entered into a memorandum of agreement to expand the role of Spirit AeroSystems in the development of the AS2 business jet to include production of the forward fuselage. As part of the agreement, Spirit has committed to additional investment in the AS2 program and has increased engineering resources working on the design of the AS2’s forward fuselage. Aerion and Spirit first began formal collaboration in early 2019, working on preliminary design of the AS2’s forward, pressurized fu …….
Ashland to Divest Maleic Anhydride Business to AOC Materials, LLC for $100 Million
Ashland Global Holdings Inc. apprises of a definitive agreement to sell the company’s maleic anhydride business and manufacturing facility in Neal, West Virginia to AOC Materials LLC, for $100 million. Maleic anhydride is manufactured industrially on a large scale for applications in coatings and polymers. The maleic anhydride business was previously excluded from the sale of Ashland’s Composites business and the butanediol (BDO) manufacturing facility in Marl, Germany, to INEOS Enterprises. …….
Application Development
Lubrizol Launches New Pearlbond 920 TPU Grade for Hot Melt Adhesives in Outdoor Application
Lubrizol Engineered Polymers has launched a new, plasticizer-free Pearlbond 920 TPU for hot melt adhesives that require a UV and color-stable material in outdoor applications. New Pearlbond 920 TPU has superior weatherability, excellent hydrolysis resistance and can be applied in sportswear, edge banding in furniture, interlinings, reflective tapes, automotive interiors and awnings. Soft, plasticizer-free with a high flexibility across a very wide range of temperatures, this new grade can be …….
Dura Cladding Composite Timber Fins Used at Everybody Alderley Park
Everybody Alderley Park is the Winner of the Specifi Manchester Architecture Project of the Year 2020. It is also shortlisted for the Insider North West Property Award 2020 (Design Excellence category) and the National Building & Construction Award 2020 (Project of the Year up to GBP 10 million category). Work started on site at Alderley Park in December 2018 and was completed in October 2019. Construction work was carried out by GMI Construction Group PLC. The Composite Timber Dura Cladding …….
Advanced Composite Materials Helped Make the Mars 2020 Mission Possible
Toray Advanced Composites is helping NASA uncover signs of life on the Red Planet once again by providing composite materials for the critical components of the Mars 2020 mission. These materials ensure safe delivery of the capsule through the Mars atmosphere and the subsequent vehicle exploration. Composite materials from Toray were used for the structural support for the Mars entry heat shield, the landing deck of the Mars Perseverance Rover, and the rotor blades and chassis structure of the f …….
Financial
Spirit AeroSystems Reports Second Quarter 2020 Results
Spirit AeroSystems Holdings, Inc. reported second quarter 2020 financial results. • Directed by Boeing to produce 72 737 shipsets in 2020, an 88% reduction from 606 delivered shipsets in 2019 • Delivered 159 shipsets compared to 449 shipsets in Q2 2019 and 324 shipsets in Q1 2020 • Recorded forward losses of $194 million, primarily on the 787 and A350 programs due to greater customer production rate reductions than previously assumed • Implemented additional cost reduction actions to reduc …….
TPI Composites Reports 13.0% Increase in Net Sales for the Quarter Ended June 30, 2020
Net sales for the three months ended June 30, 2020 increased by $43.0 million or 13.0% to $373.8 million compared to $330.8 million in the same period in 2019. Net sales of wind blades increased by 15.3% to $348.1 million for the three months ended June 30, 2020 as compared to $301.8 million in the same period in 2019. The increase in net sales was primarily driven by a 10% increase in the number of wind blades produced during the three months ended June 30, 2020 compared to the same period in 2 …….
Awards and Certifications
Hexcel Receives Silver Boeing Performance Excellence Award
Hexcel Corporation informed that its Casa Grande (Arizona) site has been recognized with a Silver Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. The Hexcel team maintained a Silver composite performance rating for each month of the 12-month performance period, from October 2018 to September 2019. This year, Boeing recognized 357 suppliers who achieved either a Gold or Silver level Boeing Performa …….
SAMPE Names the 2020 Young Professionals Emerging Leadership Award Finalists
The Society for the Advancement of Materials and Process Engineering (SAMPE) North America, declared the finalists of the Young Professionals Emerging Leadership Award (YPELA). Due to the cancellation of SAMPE 2020 in Seattle, WA, the award finalists will be recognized via an online awards ceremony in early November and will be formally recognized at SAMPE 2021 in Long Beach, CA, where the finalists for both 2020 and 2021 will be recognized during an in-person event to be notified at a later dat …….
Kaman Recognized by Sikorsky as “Elite Supplier”
Kaman Corporation informed that Kaman Composite – Vermont, Inc. has recently been named the Rotary and Mission Systems Elite Supplier by Sikorsky Aircraft Corporation, a Lockheed Martin company. The award comes after a partnership with Sikorsky on the design and development of their MH-60R radome program. “The program provided us with a unique opportunity to partner with an industry leader on their radome design,” said Alexander Gamble, General Manager at Kaman Composite –Vermont, Inc. “We we …….
People
Future Materials Group Appoints New Director Stephen Haller
Future Materials Group (FMG), the award-winning business consultancy and advisory group specializing in the high value manufacturing and Advanced Materials sectors, apprises of the appointment of Stephen Haller, effective immediately. Joining Future Materials Group as a Director with specialist expertise in the chemicals and materials sectors, Stephen Haller brings over 30 years of global experience within CEO, Director and Business Leadership positions in Europe, the America’s and Australas …….
TPI Composites, Inc. Appoints James Hilderhoff as Chief Commercial Officer
TPI Composites, Inc. has hired James Hilderhoff as its Chief Commercial Officer, effective August 3, 2020. In this position, Jim will oversee all sales, service, business development and account management activities for the Company’s wind and strategic markets. For identifying growth opportunities in the global wind energy composites market, please visit http://www.lucintel.com/composite_materials_in_wind_energy_market_2018.aspx …….
Wirborne Oil & Gas Appoints William de la Motte as Chief Financial Officer
Airborne Oil & Gas, the world’s leading manufacturer of Thermoplastic Composite Pipe (TCP), has promoted William de la Motte to chief financial officer (CFO) following his six months as interim finance director. Starting his new role in August, 2020, he is based at Airborne Oil & Gas’ headquarters in Ijmuiden in The Netherlands, where it also hosts its 24/7 TCP manufacturing plant. The company’s other operational bases are in Houston (US) and Kuala Lumpur (Malaysia). …….
Leadership Changes in Spirit AeroSystems
Spirit AeroSystems informed about the changes on its Executive Leadership Team. John Pilla, Senior Vice President and Chief Technology Officer, and Vic McMullen, Senior Vice President for Global Manufacturing and Boeing Operations, have notified about their intent to retire and will move into special advisor roles with the company, effective August 1. Sam Marnick will serve as Executive Vice President and Chief Operating Officer, reporting directly to Gentile. Marnick, who previously serv …….
Others
Teijin Confirmed as Platinum Sponsor for MotorsportAM
Fluency Marketing confirms Teijin as the platinum sponsor for MotorsportAM, its Advanced Materials for Motorsport Conference, taking place at Silverstone Circuit on October 08 and 09, 2020. Teijin, through the business unit Teijin Aramid, is an industry leader in aramid materials trading under the names Twaron, TeijinConex and Technora. These materials, renowned for their strength, durability, safety and heat resistant qualities are used in a wide range of applications globally, which include …….
Diamond Offshore Wind, RWE Renewables Join the University of Maine for a Project
The University of Maine will collaborate with New England Aqua Ventus, LLC (NEAV), a joint venture between Diamond Offshore Wind, a subsidiary of the Mitsubishi Corporation, and RWE Renewables to develop UMaine’s floating offshore wind technology demonstration project off the coast of Maine. As the developer, NEAV will own and manage all aspects of permitting, construction and assembly, deployment and ongoing operations for the project. UMaine’s Advanced Structures and Composites Center will …….
NCC Introduces SME-Focused Affiliate Scheme
The NCC (National Composites Centre) has launched a new scheme exclusively for SMEs, offering them affordable access to the NCC capabilities, expertise, training and networks. SMEs can sign up to a year-long affiliation which provides places on specialist training courses, exclusive access to networking events and knowledge sharing sessions which address industry challenges. In addition, SMEs will be able to take a desk at the NCC’s HQ in Bristol where they will be co-located with some of the …….
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