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Composites Market Insights, April 26, 2021 |
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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 Certification “, and “People”. |
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Business Development |
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Composites and Recreational Boating Industry Team Up To Make Headway on Circular Economy |
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Following a common understanding of the importance of the circular economy and aiming to find solutions for end-of-life composites, European Boating Industry (EBI) and European Composites Industry Association (EuCIA) agreed a formal partnership. The aim will be to find common approaches to the key issues of dismantling, recycling, and the future of composites in the recreational boating industry. The partnership will also follow policy developments at EU level, such as the European Green Deal, ……. |
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DSM and MKU Ltd Provide Armor Solution in Brazil for Sao Paulo Police |
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The Sao Paulo police, which is comprised of more than 100,000 officers, is the first law enforcement agency in Brazil to initiate a tender for personal protective equipment based on the latest National Institute of Justice (NIJ) .06 standards for body armor, which provide comprehensive and rigorous compliance for the performance and testing of ballistic materials. In addition to NIJ .06 certification, the tender set extremely lightweight requirements for level IIIA soft armor vests. The hybrid ……. |
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Spirit AeroSystems Expands Again with New MRO Acquisition, Growing Capabilities for Customers |
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Spirit AeroSystems (NYSE: SPR) informed the acquisition (through a subsidiary) of the assets of Applied Aerodynamics, a high-quality composite maintenance, repair and overhaul (MRO) company based in Farmer Branch, Texas, which complements the company’s acquisition of select Bombardier assets. The acquisition expands Spirit’s existing MRO infrastructure in the region with the addition of Applied Aerodynamics’ expertise, workforce, defense scope of work and 120,000-square-foot facility. The expans ……. |
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Spirit AeroSystems Belfast Advances Ground-breaking Project for UK Ministry of Defence |
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Spirit AeroSystems (NYSE: SPR) Belfast informed it will lead Team MOSQUITO, comprising Spirit Belfast, Northrop Grumman and Intrepid Minds, on further development of the Royal Air Force’s (“RAF”) Lightweight Affordable Novel Combat Aircraft (LANCA) concept to full demonstration capability. Initially supporting more than 100 STEM jobs at Spirit Belfast’s facility, the project has the potential to sustain further expertise in the wider UK supply chain. Exploiting agile design principles, sophi ……. |
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Application Development |
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Continental Structural Plastics Named PACEpilot Finalist for Multi-Material Battery Enclosure Concept |
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Continental Structural Plastics (CSP), a Teijin Group Company, informed it has been named a finalist in the 2021 Automotive News PACE pilot award for its innovative, multi-material battery enclosure. This award recognizes innovations from suppliers that have reached a working pilot demonstration phase but are not yet commercialized with a contracted sale. CSP and Teijin’s full-sized, multi-material battery enclosure features a one-piece composite cover and one-piece composite tray with alumin ……. |
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Braskem Launches Carbon Fiber Reinforced Polypropylene Filament for Additive Manufacturing |
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Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, informs the latest expansion of its 3D printing product portfolio to include new, innovative carbon fiber reinforced polypropylene filament for 3D printing (“CF-PP”) (“FL900PP-CF”) offering superior mechanical and thermal properties as well as low warpage. Braskem’s carbon fiber reinforced polypropylene filament allows user ……. |
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Essentium Launches Breakthrough IDEX 3D Printer to Transform the Factory Floor |
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Essentium, Inc. , a leading innovator of industrial additive manufacturing (AM) solutions, launched the Essentium High Speed Extrusion (HSE) 280i HT 3D Printer, the first true independent dual extrusion system (IDEX) designed and developed for the demands of the factory floor. Unlike other IDEX 3D printers on the market, the HSE 280i HT 3D Printer features true independent dual extruders whereby each head is fully independent on both the X and Y-axis. This enables manufacturers to speed time to ……. |
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Hongqi ‘S’ Series Poised To Capture Growing Demand for New Energy Sports Vehicles |
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Silk-FAW, a joint venture (JV) between international automotive engineering and design company, Silk EV, and one of China’s largest automotive manufacturers, FAW, unveiled the ultra-luxury hypercar, Hongqi S9, at Auto Shanghai 2021. The Hongqi S9 makes its debut as the first of Silk-FAW’s Hongqi ‘S’ series, designed by legendary car designer, Walter De Silva, Vice President of Styling and Design Silk-FAW. The Hongqi S9 is a unique intersection of ultra-luxury, high-performance sports vehicles ……. |
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DAP Introduces Thread Stopper Tape: The Newest Member of the Tank Bond Collection |
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Fixing a loose screw has never been easier or faster than with the new Tank Bond Thread Stopper Tape from DAP, the leader in home improvement and construction projects. Thread Stopper Tape is the newest addition to the Tank Bond collection, a complete line of hard-working formulas ideal for an extensive list of professional and DIY applications. • Tank Bond Heavy Duty Advanced Epoxy Handles All Your Toughest Repairs An aggressive adhesive, DAP Tank Bond Heavy Duty Advanced Epoxy delivers mil ……. |
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Financial |
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SONGWON Informs Further Price Increases for Its Polymer Stabilizers |
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Songwon Industrial Co., Ltd. informed global price increases on all its polymer stabilizers products. The increases are effective immediately or as contracts allow. These further price adjustments are necessary to counterbalance the significant continuing raw material and related cost increases as well as to guarantee the uninterrupted supply and service for our customers. ……. |
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Awards and Certification |
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Hexion Wins Seventeen American Chemistry Council (ACC) Responsible Care Awards |
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Hexion Inc., a leading producer of adhesives, coatings and composite resins, has been awarded 17 ACC Responsible Care awards in recognition of its efforts to keep employee health and safety and environmental sustainability at the forefront of its operations. The announcement was made at the 2021 Responsible Care and Sustainability Virtual Conference and Expo sponsored by the ACC. Hexion was recognized for its outstanding COVID-19 response company-wide, numerous individual plant successes in w ……. |
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Braskem & the Philadelphia Eagles Partnership Honored with the 2021 Faces of Philanthropy Award by the Philadelphia Business Journal |
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Braskem (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) (“Company”), the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, informed the company was named as a 2021 honoree by the Philadelphia Business Journals’ Faces of Philanthropy Award Program recognizing the successful philanthropic partnership between Braskem America and The Philadelphia Eagles. Braskem and the Eagles entered into a nine-year, dual purpose, sustainability and youth Scie ……. |
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People |
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SAMPE Names‘Young Professional of the Year’ Winner |
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The Society for the Advancement of Materials and Process Engineering (SAMPE) North America informed the final winner of the Young Professionals Emerging Leadership Award (YPELA), Dr. Lessa Kay Grunenfelder, a Senior Lecturer at the Mork Family Dept. of Chemical Engineering & Materials Science at the Viterbi School of Engineering of the University of Southern California. The award recognizes the achievements of young professionals who have graduated from university and are under the age of 35. A ……. |
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New Reports in Composites Market Published By Lucintel |
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- Pultrusion Market Report: Trends, Forecast and Competitive Analysis, February 2021
- Prepreg Market Report: Trends, Forecast and Competitive Analysis, January 2021
- Composites Distributor Market Report: Trends, Forecast and Competitive Analysis, January 2021
- MENA Composites Market Report: Trends, Forecast and Competitive Analysis, October 2020
- 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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