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Composites Market Insights, November 02, 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”, “Technology Development”, “Financial”, “Awards and Certifications”, “Events”, “People”, and “Others”. |
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Business Development |
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Master Contract between Teijin and Safran for High-Performance Composite Materials |
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Teijin Limited informed that a long term master agreement has been signed by Teijin and Safran S.A., an international high-technology group and tier-1 supplier of systems and equipment in the Aerospace and Defense market. Teijin has been supplying high-performance materials to Safran for the last 25 years. The contract establishes the frame for the supply of Teijin`s high-performance materials dedicated to the manufacturing of equipment parts for new generation aircrafts. Teijin and Safran ……. |
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| Spirit AeroSystems Completes Acquisition of Select Assets of Bombardier Aerostructures and Aftermarket Services Businesses |
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| Spirit AeroSystems Holdings, Inc. has completed, through its wholly-owned subsidiaries Spirit AeroSystems, Inc. and Spirit AeroSystems Global Holdings Limited, its acquisition of select assets of Bombardier aerostructures and aftermarket services businesses in Belfast, Northern Ireland (known as Short Brothers); Casablanca, Morocco; and Dallas, United States. “We are excited to finalize this strategic and transformational acquisition,” said Spirit AeroSystems President and CEO Tom Gentile. ……. |
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Momentive Establishes North American Center of Excellence |
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Momentive Performance Materials Inc. apprises of the establishment of the North American Center of Excellence for Silicone Elastomer’s Custom Compounding, based in Garrett, IN. This decision was driven by Momentive’s ongoing initiative to further streamline production processes and deliver best in class service to our customers and industry partners. This Center of Excellence further underscores Momentive’s commitment to supporting the growth of existing and new customers in industries demanding ……. |
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NCC Joins Permali and Arcola Energy to Develop Composite Structural Systems for Fuel Cell Retrofits |
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As part of its latest proof of concept R&D project, which has been awarded funding by OLEV through the Niche Vehicle Network, experts at the NCC (National Composites Centre) have been working with Arcola Energy and advanced composites manufacturer, Permali, to help design and manufacture low-cost composite structural systems for the support of hydrogen fuel cylinders for buses. The NCC will design a system using low cost materials that require minimal tooling for production based upon Arcola’ ……. |
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Shape Collaborates with Ultima Forma to Produce Electroformed Composite Parts |
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Shape Machining Ltd has been part of an exciting development with regard to lightweight composite parts together with Ultima Forma Ltd. Managing Director, Ryan Muller said “We have seen promising results for electroformed composite parts in terms of performance and mass. Through a similar process to RIM part manufacture, we designed and manufactured PU tooling in order for Ultima Forma to inject the tool and subsequently electroform the resulting part”. The foam core weighs 14g with 100 mi ……. |
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Partnership between Hypetex with SHD Group |
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Hypetex, award winning innovators and global leaders in carbon fiber colorization technologies, and SHD Group, manufacturer of advanced composite tooling and component pregreg materials, have partnered to supply Hypetex colored fabrics with SHD’s MTC epoxy resin systems. This partnership will see Hypetex’s novel cosmetic finishes offered in combination with SHD’s widely adopted range of prepreg systems. Hypetex’s colorization process can be applied to a variety of reinforcement fibers incl ……. |
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TRB Develops Innovative Solution for High Volume Manufacture of Composite Components |
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TRB Lightweight Structures (TRB) has created a new production process to deliver continuous-fiber thermoset composite parts at high volume. By combining innovations in materials science with robotic manufacturing, TRB is making advanced composites competitive for automotive and aviation markets. This automated manufacturing process is already being used to supply a global Tier 1 powertrain manufacturer with critical battery components destined for electric buses. TRB has already created a hig ……. |
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Application Development |
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Infinergy Ahead in the Indoor Fitness Space with Keep’s Latest Treadmill |
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Keep, China’s leading sports and fitness brand, is set to revolutionize the fitness industry with the launch of its latest treadmill, K2, made with BASF’s Infinergy Expanded Thermoplastic Polyurethane (E-TPU) in the running deck. With Infinergy‘s superior elastic, shock-absorbing and high-rebound properties, the running deck delivers an unmatched experience for indoor runners. ……. |
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Technology Development |
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R-TECH Materials Invests in Zwick Roell’s Latest Composites Testing Technology |
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R-TECH Materials has invested in a new Zwick Roell 10 kN ALLroundLine universal testing machine for its rapidly growing polymer and composites test laboratory. Renowned for the quality of its equipment and highly sophisticated software suite, the German-made Zwick Roell machine – which will be aligned to aerospace testing standards – will enable R-TECH to carry out more complex testing to fulfil the increasingly demanding requirements of its customers. The machine operates with the latest Zwi ……. |
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R-TECH Invests in New Thermal Analysis Capability |
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R-TECH Materials has recently expanded its world class mechanical testing expertise into the field of thermal analysis. After seeing a growing trend of customers requiring thermal analysis and with the philosophy of trying to offer their customers a one-stop shop for all their composites testing needs, the UKAS and Nadcap accredited composites testing laboratory has invested in the latest state-of-the-art DMA and TMA equipment from Perkin Elmer. R-TECH intends on applying for UKAS and Nadcap acc ……. |
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Financial |
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Owens Corning Delivered Net Sales of $1.9 Billion, Posted Strong Net Earnings of $206 Million |
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• Owens Corning achieved strong financial results in improving markets • Roofing generated $196 million of EBIT with 26% EBIT margins • Insulation delivered $73 million of EBIT with 11% EBIT margins • Composites produced $55 million of EBIT with 11% EBIT margins • Owens Corning reported record operating and free cash flow of $488 million and $425 million Owens Corning reported consolidated net sales of $1.9 billion in third-quarter 2020, an increase of 1% compared with third-quarter 2019. ……. |
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Awards and Certifications |
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Arkema Wins the 2020 Pierre Potier Prize |
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Arkema wins the 2020 Pierre Potier Prize for its Elium liquid thermoplastic resin for wind turbines Elium, liquid thermoplastic resin, a breakthrough innovation in the composites market that enables the manufacture of 100% recyclable wind turbine blades. Developed in Arkema’s research center in Lacq (64), Elium liquid thermoplastic resin is the first ever resin that enables the manufacture of fully recyclable wind turbine blades – a true breakthrough innovation. Recycling, whether mechanical ……. |
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Events |
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The EPSRC Future Composites Manufacturing Research Hub Holds Rapid Composite Processing Technologies Webinar |
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The EPSRC Future Composites Manufacturing Research Hub (Hub) apprises of a free to attend webinar, focused on ‘Rapid Composite Processing Technologies’, taking place at 14:00 GMT on Wednesday 4th November. The Hub engages academics and industry from across the UK to deliver a step-change in the production of polymer matrix composites. Chaired by Prof Ole Thomsen, Hub Deputy Director and Professor at Bristol University, this webinar will look at the latest research and development projects ……. |
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New Webinar on Fire Protection for Composites (November 24, 2020, 2PM EST) |
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This November TFP will be hosting another live Webinar in conjunction with Composites World. The Webinar will focus on the performance of our fire protection materials; it is titled “Enabling Composites to Pass Stringent Fire Test Standards using Advanced Nonwovens” and is free to view on the Composites World website. The webinar will be presented by Neil Gray and Scott Klopfer, our fire protection specialists who between them have over 30 years of experience in the sector. They will address ……. |
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Keynote Speakers for FPCC Conference |
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Composites UK confirms the first Keynote Speakers for their three-day peer reviewed international academic conference, focused on the development and application of fiber-reinforced polymer composite materials across the construction and infrastructure sectors. The confirmed Keynote Speakers include: • Su Taylor, Dean of Research for the Faculty of Engineering and Physical Science and Professor of Structural Engineering at Queen’s University Belfast. • Samir Dirar, Structural Engineering ……. |
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People |
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Eric Goehausen Succeeds Terry Doll Chief Financial Officer in Industrial Dielectrics Holdings |
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Terry Doll retired as Chief Financial Officer of Industrial Dielectrics Holdings after a successful 40-year career in manufacturing. His retirement is effective October 31, 2020. Terry joined Industrial Dielectrics Holdings in 2001 to lead IDI Fabrication after having merged his Saturn Services business into IDI. Terry’s strategic mind, manufacturing expertise, and dedication to the mission of the organization elevated IDI Composites International and Norplex-Micarta to their leadership posit ……. |
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New Reports in Composites Market Published By Lucintel |
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- FRP Panel Market Report: Trends, Forecast and Competitive Analysis, May 2020
- Technology Landscape, Trends and Opportunities in 3D Printing Material Market, March 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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Others |
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IACMI Launches Elevate by IACMI |
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As IACMI looks toward its future in the advanced manufacturing space, its workforce development initiatives have grown in scope and diversity, leading the institute to create a workforce development program, Elevate by IACMI. Elevate will serve as an initiative to bring together the diverse stakeholders and partners in the advanced manufacturing workforce development field. Led by Joannie Harmon, IACMI’s workforce development director, Elevate will implement programs and grow workforce develo ……. |
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ENGEL France’s New Training and Education Center at the Wissous Location |
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ENGEL France opened a new training and education center at the Wissous location. The idea behind this is to stage injection molding 4.0 hands-on, for trials and to improve understanding with state-of-the-art machinery. In times fraught by the pandemic, virtual options are also offered for all training courses for setting up, programming and optimizing injection molding machines due to the digitalized training center. With its “feel, experiment and understand” strategy, the center is perfectly ge ……. |