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Composites Market Insights 15 March 2021

Mart 17, 2021
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Lucintel firmasının 15 Mart 2021 tarihli haftalık haber bülteni aşağıda yer almaktadır.

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Composites Market Insights, March 15, 2021
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”, “Application Development”, “Technology Development”, “Financial”, “Price Movement”, “Awards and Certifications”, “Events”, and “Others”
Business Development
 Hexion Intends to Expand Portland, Oregon, Site
As part of its broader investment plan to drive innovation and growth in its specialty product lines, Hexion Inc. intends to expand its Portland, Oregon, manufacturing site. The Company is beginning the permitting stages of a second automated manufacturing line to support its recently-launched ArmorBuilt fire resistant wrap, a new product which greatly improves fire protection when applied to a substrate, such as wood utility poles. The first automated production line will come online at the end …….
GKN Aerospace, NCC, and Partners Unveil ASCEND
GKN Aerospace is leading a new UK industry consortium called ASCEND (Aerospace and Automotive Supply Chain Enabled Development) to develop and accelerate composite material and process technologies for the next generation of energy efficient aircraft and future mobility. The GBP 40 million consortiums, funded by a GBP 20 million commitment from industry and a GBP 19.6 million commitment from the UK Government via ATI, will focus on greater adoption of composite technologies, the industrializa …….
Luxfer Acquires Structural Composites Industries
Luxfer Holdings PLC has acquired the Structural Composites Industries (SCI) business of Worthington Industries, Inc. for $20 million in cash. SCI strengthens Luxfer’s composite cylinder offering and aligns with recent investments to enhance its alternative fuel capabilities to capitalize on the growing compressed natural gas (CNG) and Hydrogen opportunities. The SCI team will join the Luxfer Gas Cylinder’s team located in Riverside, CA, and complements Luxfer’s additional locations in Nottingham …….
Worthington Industries Sells Its Structural Composites Industries Facility
Worthington Industries, Inc. sold its Structural Composites Industries (SCI) facility in Pomona, Calf., to Luxfer Holdings PLC. Following the divestiture of the unprofitable operation, Worthington will continue to focus its investments and attention on the growing sustainable mobility markets in Europe and Asia where strict, mandated emissions reductions are accelerating growth in hydrogen and compressed natural gas (CNG). The Company will also continue to supply Self-Contained Breathing Apparat …….
Application Development
Envirotainer Uses Diab’s Structural Cores to Develop RAP e2 Container for Safe Distribution of Covid-19 Vaccines Globally
The secure shipment of COVID-19 vaccines and all other medicines requires high-quality temperature-controlled packaging solutions. An optimal logistics setup with an unbroken cold chain from the manufacturing plant to hospitals worldwide is also crucial for a successful roll-out. Envirotainer, the global market leader in temperature-controlled air freight solutions for pharmaceuticals, has developed one of the most advanced temperature-controlled air cargo containers, the RAP e2, that will co …….
Technology Development
Decision SA and Carboman Group Launch New Direct Mold Tooling Technology for Aerospace
Decision SA, part of the leading European composites consortium, Carboman Group, and a specialist in the development, prototyping and production of large composite structures, launch a new direct mold tooling technology for aerospace. Decision’s latest tooling solution provides OEMs and manufacturers with short lead times for highly stable direct molds for series production both in and outside of the autoclave at temperatures of up to 180˚C. Decision and Carboman recently delivered the first …….
Financial
Hexion Inc. Reports 4% Increase in Fourth Quarter 2020 Sales
Hexion Inc. reported results for the fourth quarter ended December 31, 2020. Fourth Quarter 2020 Highlights • Net sales from continuing operations of $655 million, an increase of 4% compared with $630 million in the prior year period • Loss from continuing operations, net of taxes of $37 million • Net loss of $35 million • Segment EBITDA from continuing operations of $74 million compared to $53 million in the fourth quarter 2019. Both periods reflect the treatment of the pending divesti …….
Price Movement
LANXESS Increases Prices for Hexanediol
LANXESS is raising its prices for 1, 6-hexanediol (HDO) globally with immediate effect. The increase amounts for EUR 800 per metric ton. HDO is an important precursor for high performance coatings, fibers, adhesives, polyurethanes, polycarbonate diols, and as reactive diluent for epoxy resins. For identifying Growth Opportunities for Epoxy Curing Agents in Composites Market, please visit http://www.lucintel.com/epoxy-curing-in-composites-industry-2020.aspx …….
Momentive Raises Price for All Specialty Products
Momentive Performance Materials has further increased general price for all specialty products, globally. As raw material and logistics demand returns and costs escalate across the globe, Momentive continues to experience significant inflation and tight supply in both raw materials and logistics needed to manufacture and deliver Momentive products. The price increases for all Momentive specialty products will range from 10% – 20% and be valid for deliveries from April 1, 2021, as contracts …….
Awards and Certifications
Vectorply Receives Independent Boatbuilders Incorporated Supplier of the Year Award
Vectorply Corporation was presented the esteemed Independent Boatbuilders Incorporated (IBBI) Supplier of the Year Award in a virtual ceremony for the six finalists. The selection represents the second Supplier of the Year honor in the past three years, an accomplishment that was also achieved in 2019 when Vectorply won a Supplier of the Year Award and the John “Walkabout” Sisson Memorial Innovation Award. IBBI President Tom Broy said, “Vectorply’s consistency and reliability were huge factor …….
Toyoda Gosei Receives Toyota’s Technology & Development Award for Development of High Pressure Hydrogen Tanks
Toyoda Gosei Co., Ltd. (TOKYO: 7282) received the Technology & Development Award from Toyota Motor Corporation for the development of high pressure hydrogen tanks used on the new MIRAI, launched by Toyota in December 2020. High pressure hydrogen tanks are a crucial component for fuel cell vehicles (FCVs), which efficiently hold hydrogen compressed at high pressure (about 700 atm). The new MIRAI is equipped with three hydrogen tanks, one more than the previous model, to extend its cruising ran …….
Events
Neil Gray to Present in Fire Protection Webinar
TFP’s fire protection specialist and Business Development Manager Neil Gray will be presenting in a forthcoming webinar on Composite Fire Protection hosted by CompositesNL. Neil’s presentation will introduce our Tecnofire materials for the fire protection of composites. He will discuss how Tecnofire is used effectively in composites and present recent fire test data which demonstrate how Tecnofire can enable non-FST prepreg composites to pass important fire tests, including key elements of th …….
ACMA’s Upcoming Events
ACMA Composites Technology Day – Volkswagen Group – January-April 2021: ACMA’s Composites Technology Day Series with VW Group is an extensive, 12-week program that gives ACMA members the opportunity to present their solutions to the engineers and decision makers across all 12 VW Group brands through 60-minute private, webinar style presentations. North American Pultrusion Conference – Virtual – April 13-15, 2021: The Pultrusion Conference, in partnership with the European Pultrusion Technolog …….
Others
Continental Structural Plastics’ Materials Innovations Address Environmental and Safety Needs for Electric Vehicles
Continental Structural Plastics (CSP), a Teijin Group Company, is introducing several new advanced composite formulations that meet the most stringent electric vehicle battery enclosure performance standards for flammability, thermal runaway and VOC emissions while offering the design flexibility of sheet molding compound (SMC). These new composites include a low VOC formulation, an ATH filled system, an intumescent system and a phenolic system. The low VOC formulation addresses the VOC regul …….
Heraeus Partners with University of Sheffield AMRC for Developing Innovative Composite Technologies
Heraeus Noblelight, based in Cambridge (UK), the center of excellence for flash systems technology, has become a Tier 2 member at the University of Sheffield Advanced Manufacturing Research Centre (AMRC) in Rotherham (UK). The Tier 2 membership gives Heraeus Noblelight access to the AMRC’s world-class research and development facilities to increase the technology readiness level of filament winding for composite pressure vessels and pipes using its breakthrough humm3 heating technology. Pe …….
Scott Bader Joins SCI as a Corporate Partner
Scott Bader has joined the Society of Chemical Industry (SCI) Corporate Partnership scheme. On joining the SCI partnership scheme, Mark Cooper, Group Chief Technology Officer at Scott Bader said, “We are very pleased to join SCI as a corporate partner. We look forward to expanding and developing our relationships within the wider chemical industry and working towards a sustainable future for us all.” …….
New Reports in Composites Market Published By Lucintel