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Composites Market Insights, May 18, 2020 |
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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”, “Financial”, “Awards and Certifications”, “Events”, and “Others”. |
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Business Development |
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Sigmatex and Hypetex Partner Up |
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Sigmatex, a global leader in the design and manufacture of carbon fiber textiles to the Composites industry, apprised of its partnership with Hypetex, award winning innovators and global leaders in carbon fiber colorization technologies. The partnership will provide aesthetically unique colored carbon fiber solutions to new and existing customers. Sigmatex and Hypetex have agreed to work together to supply Sigmatex’s bespoke sigma Design fabrics with the added advantage of Hypetex’s colored t ……. |
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Solvay Boosts Efficiency Plans for Composite Materials |
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Solvay informed that it will deepen and accelerate efficiency plans for its Composite Materials unit to reduce costs, improve productivity and better serve customers in light of reduced activity due to the COVID-19 crisis. Building on measures already implemented earlier this year, Solvay’s Composite Materials business intends to cease industrial operations at its plants in Manchester, UK, and Tulsa, Oklahoma (USA). Those activities will thereby be transferred to other best-in-class facilitie ……. |
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Magnum Venus Products Increases Filament Winding Capabilities with Fusion Winder |
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Magnum Venus Products (MVP), a global manufacturer of fluid movement and production solutions for industrial applications, is expanding its filament winding product offering with the launch of the Fusion Filament Winder. This solution is ideal for winding pressure vessels and tubes for small to medium envelope part production. The Fusion Winder is fully integrated with MVP’s reliable high-volume pumping systems to offer a complete winding solution. The compact, configurable design is perfect ……. |
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Redelease Intensifies DIY Video Production |
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In times of global pandemic, the economic effects can be as or more devastating than the disease itself. With the escalation of unemployment, ways to generate some kind of income are very welcome, and Do it Yourself (DIY) crafts are even more important. Willing to collaborate with the formation of this workforce, Redelease, a Brazilian chemical distributor – supplies resins, fiberglass and silicone rubbers, among hundreds of other items – will intensify the posting of videos on its YouTube ch ……. |
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Tailor-Made, High-Volume Production Thermoplastic Composites from ENGEL AUSTRIA |
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ENGEL AUSTRIA is one of the winners of the JEC Innovation Awards 2020. Together with its partner FILL, the machine manufacturer and system solutions provider has received the award in the category Process for the development of a production line for the manufacture of tailor-made composite blanks. With its high degree of integration and automation, the innovative solution combines highest quality with great cost effectiveness and paves the way for the high-volume production of thermoplastic comp ……. |
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IDI Composites International Completes Tank Farm Expansion |
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IDI Composites International North American Headquarters recently completed a major commitment to operational excellence by expanding the capacity of their resin materials tank farm to continue to meet industry demand for their composite materials. The tank farm expansion and associated facility process improvements will enable IDI to continue to deliver the industry’s highest standards for quality control and quality assurance for manufacturing molding compounds and composite materials. T ……. |
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Continental Structural Plastics to Restarts Operations with Extensive Safety Protocols |
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As Continental Structural Plastics (CSP) resumes production operations at its facilities around the world, the company is doing so with the health and safety of its employees at the forefront. In accordance with the Centers for Disease Control, OSHA and the World Health Organization, CSP has implemented extensive new safety protocols within its manufacturing, R&D and headquarters facilities to protect the health of its employees, their families and the communities in which they operate. All r ……. |
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Creative Composites Operates Two DIEFFENBACHER Presses |
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Creative Composites calls itself “UK’s most advanced composites manufacturer.” In 2017, the company headquartered in Lisburn, Northern Ireland, selected DIEFFENBACHER’s CompressEco press series to produce SMC Class A exterior components. The first press was ordered and installed in 2018. In 2020, Creative Composites operates two CompressEco presses. “With its modular system enabling future expansions and press forces up to 30,000 kN, the CompressEco was just the right press for the applicatio ……. |
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Application Development |
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Composite Sandwich Panels of Recycled Plastics Used in Refrigerated Delivery Pods |
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Using proprietary composite sandwich panel technology that includes recycled plastic bottles in the structural core, Penso is building lightweight bodies for refrigerated delivery pods. Penso is launching its Blue Ocean Home Delivery Pods, refrigerated pods configured for a 3.5 metric ton medium wheelbase, front-wheel-drive, Mercedes-Benz Sprinter. 5,000 plastic bottles are recycled and used to manufacture each pod, helping to reduce plastic waste, and inspiring the name Blue Ocean. Penso’ ……. |
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San Francisco Office Building Retrofitted with Fiber-Reinforced Polymer Sunshades Ideal |
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Kreysler & Associates supplied fiber-reinforced polymer sunshades for the retrofit of a San Francisco office building, providing a balance of aesthetics, function, and constructability. Each FRP hood was transported to the site and attached to each curtain wall module using an extruded Z-shaped aluminum adapter pre-attached to the hoods during production. As mid-century office buildings fall into disrepair, many are demolished and replaced by new, more energy-efficient structures. The buildin ……. |
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Financial |
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SGL Carbon’s First Quarter 2020 Results in Line with Initial Expectations despite Covid-19 Pandemic |
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At a glance: • Group sales revenues at 247 million euros approximately 15 percent below prior year’s level, but slightly above the guidance corridor (220 to 240 million euros) as published in March 2020 • Decline in Group sales due to changes in the lithium-ion battery supply chain in the business unit Graphite Materials & Systems (GMS) as well as restructuring-driven lower sales in Textile Fibers in the business unit Composites – Fibers & Materials (CFM) • Group recurring EBIT approximatel ……. |
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Brazilian Composites Sector Grew by 5.6% in 2019 |
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In 2019, the Brazilian composites sector achieved the third consecutive year of growth, with a turnover of US$ 560 million, a figure 5.6% higher than that recorded in the previous period. In volume, the jump was 8.3%, totaling 218 thousand tons consumed. The data are part of the most recent study by Maxiquim, a consultancy contracted by the Latin American Composite Materials Association (ALMACO) “The transportation and electric segments were mainly responsible for this good performance. Also no ……. |
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Kaman Reports 24.6% Increase in Net Sales over Prior Year Period |
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First Quarter Highlights: • Net sales from continuing operations of $207.3 million up 24.6% over prior year period • Organic sales from continuing operations* of $184.0 million up 10.5% over prior year period • Net loss from continuing operations of $0.4 million; Adjusted EBITDA from continuing operations* up 39.7% to $26.2 million, or 12.6% of sales • Diluted earnings per share from continuing operations of $(0.01), or $0.48 adjusted* • Withdraws full year guidance for 2020 ……. |
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Hexion Inc. Reports Volumes Increase in Coatings and Composites Segment |
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First Quarter 2020 Highlights • Net sales of $826 million • Net loss of $59 million • Segment EBITDA of $89 million • Liquidity of $440 million as of March 31, 2020 Hexion Inc. released results for the first quarter ended March 31, 2020. “In the first quarter of 2020, our diverse customer base and broad geographic footprint drove improved volumes in our Coatings and Composites segment, while our overall results were offset by weaker conditions that emerged late in the quarter due to ……. |
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Awards and Certifications |
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COBRA International and Aditya Birla Chemicals’ Closed Loop Recycling Of Epoxy Parts Technology Wins JEC Innovations Award |
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COBRA International and Aditya Birla Chemicals informed that their latest sustainability project has won a 2020 JEC Innovation Award. COBRA International is one of the world’s largest OEM manufacturers of composite products for Water Sports, Automotive, Marine and Civil Engineering, and Aditya Birla Chemicals is a leading manufacturer of epoxy resins and advanced materials. Working in partnership with customers Starboard and Maui Fin Company (MFC), COBRA has successfully integrated novel rec ……. |
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SME’s Composites Manufacturing Tech Group Recognizes Leaders in Aerospace and Defense Manufacturing |
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SME, the professional association committed to advancing manufacturing professionals, academia and communities, along with its Composites Manufacturing Tech Group, recognized an industry leader and two prominent composites manufacturing companies with 2020 Excellence in Composites Manufacturing Awards. 2020 J.H. “Jud” Hall Composites Manufacturing Award: Kurtis Willden, technical fellow, The Boeing Co., is the recipient of the 2020 J.H. “Jud” Hall Composites Manufacturing Award. He was recogn ……. |
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New Reports in Composites Market Published By Lucintel |
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- Technology Landscape, Trends and Opportunities in 3D Printing Material Market, April 2020
- High Performance Nylon for Tribology Market Report: Trends, Forecast and Competitive Analysis, March 2020
- European Automotive Composites Market Report: Trends, Forecast and Competitive Analysis, March 2020
- Carbon Fiber Market Report: Trends, Forecast and Competitive Analysis, February 2020
- Composites Materials in Tooling Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Composites Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Flame Retardant Resin in E&E Composites Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Carbon Fiber in the Aerospace and Defense Market Report: Trends, Forecast and Competitive Analysis, January 2020
- Glass Fiber Reinforced Plastic Market Report: Trends, Forecast and Competitive Analysis, November 2019
- BMI Prepreg Market Report: Trends, Forecast and Competitive Analysis, November 2019
- Para Aramid Fiber Market Report: Trends, Forecast and Competitive Analysis, November 2019
- Epoxy Curing Agents in the Composites Industry Report: Trends, Forecast and Competitive Analysis, October 2019
- 3D Printing Materials Market Report: Trends, Forecast and Competitive Analysis, October 2019
- PET Foam Core Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Thermoplastic Prepreg in the Transportation Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Polyurethane Resin Composite Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Gelcoat Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Fiber Sizing Market Report: Trends, Forecast and Competitive Analysis, September 2019
- Long Fiber Thermoplastics Market Report: Trends, Forecast and Competitive Analysis, August 2019
- FRP Pole Market Report: Trends, Forecast and Competitive Analysis, August 2019
- Composite Testing Market Report: Trends, Forecast and Competitive Analysis, August 2019
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Events |
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Preliminary Line-Up for SpaceAM |
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Fluency Marketing apprised of its preliminary line-up for the upcoming SpaceAM, which takes place in Leicester, UK, on 15th – 16th September 2020. Speakers from the European Space Agency (ESA), the UK Space Agency (UKSPA), the Satellite Applications Catapult and London Economics will set the scene and be joined by end-users and material suppliers, who will highlight technology and material advances across the sector. We are living in a world that is critically dependent on space technology ……. |
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Hexcel and Arkema Help Institut de Soudure Group’s Win A New JEC Innovations Award |
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Hexcel played a fabulous role as a material development partner for the Institut de Soudure Group’s winning JEC project – the Innovative Solutions for Welding (ISW) of Thermoplastic Composites. ISW is a novel solution co-developed and patented by both the Institut de Soudure Group (IS Group) and Arkema, providing high-performance welding for thermoplastic composites. Hexcel congratulates the two companies that were declared as the winners of the Aeronautics Category at the JEC Innovations Awa ……. |
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Others |
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Seoul National University Leverages VABS for Accurate Simulation of Helicopter Rotor Blades |
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AnalySwift, LLC, a provider of efficient high-fidelity modeling software for composites, informed that Seoul National University is leveraging its VABS software in the design and analysis work on its helicopter rotor blades, including the Seoul National University Flap (SNUF) Blade. “The university joined AnalySwift’s Academic Partner Program in 2019 and we are excited to follow the work being done on composite rotor blades and similar structures,” said Allan Wood, president & CEO of AnalySwi ……. |
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Huntsman’s TPU Elastomers Helping in the Frontline Fight against COVID-19 |
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Since the COVID-19 pandemic began, Huntsman has been producing thermoplastic polyurethane (TPU) elastomers for manufacturers of essential medical personal protective equipment (PPE) around the world. Huntsman’s TPUs are being used to produce hospital gowns, face masks, mattress covers, tubes, valves, cable jackets and, notably, powered air purifying respirators (PAPR). Widely used throughout the world, PAPR is a type of breathing apparatus that provides frontline health care workers a very hi ……. |
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AIT Bridges and the Institute for Sustainable Infrastructure Join Forces |
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AIT Bridges, a division of Advanced Infrastructure Technologies (AIT), has joined the Institute for Sustainable Infrastructure (ISI), as a member, gaining accreditation for its employees and projects. For the last decade, AIT Bridges and ISI have both advocated for more sustainable practices in the infrastructure industry and this joint collaboration will help drive sustainability and resiliency forward. AIT is a designer and supplier of composite bridge systems and structural components for c ……. |
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