Composites Market Insights 14 March 2022

Mart 17, 2022
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Lucintel firmasının 14 Mart 2022 tarihli haftalık haber bülteni aşağıda yer almaktadır.

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Composites Market Insights, March 14, 2022
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”, “New Material”, “Application Development”,”Technology Development”,  “Financial”, “Price Movement”, “Awards and Certification”, “Events”, “People”, and “Others”
Business Development
Cooperation between Covestro, Huafeng, and Cyclone in China
Covestro, textile technology company Huafeng and green fiber technology company Cyclone from China have jointly developed a solution to produce high-quality running and sports shoes in a much more sustainable way than before: recycled fabric made from CYCLONE recycled polyester (rPET) yarns is used as the shoe upper and selectively coated using Huafeng’s HAPTIC technology. In the process, Huafeng uses a polyurethane (PU) dispersion from the INSQIN portfolio of Covestro, half of whose carbon cont …….
New Partnership between UBQ and Rimax
UBQ Materials, climate tech developer of advanced materials made from waste, informed that its novel thermoplastic is being incorporated into consumer items for pets made by Rimax, a major plastics products manufacturer based in Colombia. Until now, UBQ has been used to substitute petroleum-based plastics in automotive, shipping and logistics parts, and limited retail solutions. This partnership marks the first pet-related retail products made with UBQ to be made available in the market. For i …….
New Material
Polyplastics Group Unveils New PLASTRON (R) LFT
The Polyplastics Group has introduced PLASTRON (R) LFT (long fiber reinforced thermoplastic resins) which are made of specially formulated regenerated cellulose fibers. The eco-friendly PLASTRON (R) LFT provides weight reduction plus mechanical strength, enabling manufacturers to reduce their carbon footprint and meet today’s sustainability needs. Cellulose is a promising material to help reduce CO2 emissions but its insufficient strength is a limiting factor. Polyplastics has addressed this pr …….
Application Development
HANSA-NG, India’s First Indigenous Flying Trainer, Finishes Sea-Level Trials
India’s first indigenous flying trainer ‘HANSA-NG’ designed and developed by CSIR-National Aerospace Laboratories (NAL) has successfully completed the sea-level trials at Puducherry. According to NAL, HANSA-NG is one of the most advanced flying trainers powered by Rotax Digital Control Engine with unique features like Just-In-Time Prepreg (JIPREG) Composite Lightweight Airframe, glass cockpit, bubble canopy with wide panoramic view, electrically operated flaps, etc. The aircraft was flown to Pu …….
Technology Development
BASF’s Supercritical Fluid (SCF) Foaming TPU Technology Used in Keep’s Latest Yoga Mat Series
At CHINAPLAS 2022, BASF will showcase a yoga mat by Keep, a leading China brand in the sports and fitness industry, made with Elastollan thermoplastic polyurethane (TPU). For the yoga mat application, Elastollan is manufactured entirely through the unique Supercritical Fluid (SCF) foaming TPU technology. Elastollan has a high melt strength and can produce a uniform foam structure without material deformation after prolonged use. The SCF foaming TPU technology also results in lightweight and coo …….
Financial
Core Molding Technologies Reports Annual Sales of $307 Million
Core Molding Technologies, Inc. reported financial and operating results for the fiscal quarter and year ended December 31, 2021. Fourth Quarter 2021 Highlights • Net sales of $73.2 million, up 21% from $60.7 million in the prior year; and Product sales of $68.1 million, up 16% from the prior year. • Gross margin of $8.5 million or 11.6% of sales, compared to $10.0 million or 16.4% of sales, with such decrease primarily due to raw materials inflation. • Selling, general and administrativ …….
Price Movement
Ashland Raises Prices for 1,4-Butanediol and Derivatives in North America
Ashland is increasing prices on 1,4-Butanediol (BDO) and several derivative products as indicated below: Product: 1,4 butanediol (BDO) Amount of Increase: $0.10 per pound Product: n-methyl-pyrrolidone (NMP) Amount of Increase: $0.15 per pound Product: 2-pyrrolidone (2-Pyrol) Amount of Increase: $0.15 per pound Product: gamma-butyrolactone (BLO) Amount of Increase: $0.15 per pound Product: tetrahydrofuran (THF) Amount of Increase: $0.15 per pound The increases apply to North …….
Awards and Certification
Vectorply Bags Second Consecutive IBBI Supplier of the Year Award
Vectorply Corporation was presented the Independent Boat Builders Inc. (IBBI) overall Supplier of the Year Award at the organization’s annual conference in Orlando, FL. The selection, made by the group’s member-owners, represents the second consecutive Supplier of the Year Award for Vectorply following two uniquely challenging years for manufacturers across the globe. Vectorply is a world leader in the development, manufacturing and distribution of composite reinforcement fabrics engineered to o ……
Events
Toray Advanced Composites to Present at ACMA’s Thermoplastic Composites Conference
Toray Advanced Composites will have a team of long-term Thermoplastic Composites champions joining other top industry leaders at the ACMA’s Thermoplastic Composites Conference (TCC 2022) from March 22nd to the 24th. DeWayne Howell, Senior Applications Engineer and Project Manager, will open the discussion on Successful Manufacturing of Large Integrated Aerostructures via Thermoplastic Technologies on March 22nd at 4:15 pm. The presentation will explore the rapid innovation of manufacturin …….
Scott Bader is Platinum Sponsor for MarineAM 2022
Scott Bader is platinum sponsor for MarineAM, the premier Advanced Materials Event for the marine sector. Taking place in Southampton between June 15th and 16th 2022, the event will give participants the opportunity to learn about the latest innovations, advancements and projects all taking advantage of advanced materials within the Marine sector. Scott Bader, an employee-owned global manufacturer, will bring over 70 years of industry experience to the event, highlighting the importance of pr …….
JEC World 2022
Exhibition: May 03-05, 2022
Paris-Nord Villepinte
Program and registration: JEC World 2022
Promotion Code: LUCINTELJW22VF
Hexcel to Showcase at the 2022 ACMA Thermoplastic Composites Conference
Hexcel Corporation will showcase its unique portfolio of carbon fibers that have been optimized for thermoplastic processing applications when the company exhibits at the American Composites Manufacturers Association (ACMA) Thermoplastic Composites Conference, beginning March 22 in San Diego. HexTow carbon fiber is the preferred carbon fiber for the world’s most advanced aerospace and industrial thermoplastic composite applications including the latest developments in thermoplastic prepregs, …….
At ICE Europe, Reifenhauser Presents New Ultrathin Coating Process for Film/Nonwoven Composites
Reifenhauser Cast Sheet Coating – specialists for cast film, sheet extrusion and extrusion coating lines – will showcase a completely new production process for cost-effective film/nonwoven composites with an exceptionally low grammage at ICE (International Converting Exhibition) Europe (Hall A5, Booth 1300). The leading international trade show for paper, film, and foil conversion and processing will be held at Messe Munchen (Munich trade fair center) from March 15-17, 2022. Reifenhauser Cas …….
People
Leadership Transition in Teijin Automotive Technologies
At the beginning of Fiscal Year 2022, Teijin Limited and Teijin Automotive Technologies will undergo a series of leadership transitions. Effective April 1, 2022, Teijin Limited will name Akimoto Uchikawa as its new president and chief executive officer, replacing Jun Suzuki who will remain with the company as chairman of the board. Steve Rooney, who today serves as CEO of Teijin Automotive Technologies and general manager of the Composites Business Unit (CBU), will be retiring from the organ …….
New Reports in Composites Market Published By Lucintel
Others
Westlake Epoxy Achieves EcoVadis Platinum Sustainability Rating
Westlake Corporation informed that Westlake Epoxy’s European business has received a Platinum rating from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. This is their highest rating for environmental and social performance. Westlake Epoxy is a leading global producer of epoxy resins, modifiers and curing agents for high-performance materials, coatings and composites. EcoVadis increased the Epoxy business’ score from a previous Silver rating to the Pl …….
JEC Group and Composites Experts to Launch E-Learning Composites Academy
JEC Group and Composites Expert have signed a partnership agreement to promote E-learning Composites Academy, the first 4.0 training platform dedicated to manufacturing processes of composite materials. This partnership will start with two first steps: an introduction webinar session on March 15th at 4pm CET, and two sessions of training during JEC World 2022, on Tuesday, May 3rd and Wednesday, May 4th, in Paris where Composites Expert will present the E-learning Composites Academy, a new ped …….
Far-UK Participated in RoboMade, Concludes with Success
Far-UK Ltd. participated in the Innovate UK research program RoboMade, Digitally Enabled Ultrasonic Assisted Robotic Machining, which has now reached its conclusion after running for thirty months. The company has gained valuable learning from the research surrounding the use of robotics for the highly accurate machining of composites, and plans to integrate this into its future projects. Kevin Lindsey, Co-Director at Far-UK, comments “We recognize the importance of robots in manufacturing, esp …….
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