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Composites Market Insights, June 29, 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”, “New Material”, “Technology Development”, “Financial”, “Events”, and “Others”. |
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Business Development |
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Teijin Accelerates Capacity of Carbon Short Fiber |
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Teijin Carbon Europe GmbH, the Teijin Group’s carbon fiber business in Europe, has increased the production capacity of its German produced chopped carbon fiber type Tenax-E HT C604 6mm by 40%. The company is thus responding to the growing demand by European electronics manufacturers in recent years, as well as to currently increasing needs for compounds for medical devices. Demand for C604 has increased significantly in recent years. So far, demand of European customers has partly been satis ……. |
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| Partnership between BASF and Shanghai Zhengming Modern Logistics Co., Ltd. |
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| BASF signed a strategic cooperation agreement with Shanghai Zhengming Modern Logistics Co., Ltd. (Zhengming) to develop insulating polyurethane (PU) sandwich panels, for use in the construction of refrigerated storages for the cold chain industry in China. Under the agreement, BASF will support information and technology exchange as well as market development while Zhengming will designate BASF as its PU supplier for all joint cold storage projects. The two parties will also explore joint mar ……. |
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$15 Million Contract between Meggitt and Chemring Australia Pty Ltd. for Supplying Composite Countermeasure Housings |
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Meggitt PLC, a leading international company specializing in high performance components and subsystems for the aerospace, defense, and selected energy markets, has signed a $15 million contract with Chemring Australia Pty, for the continued supply of flare countermeasure assemblies on the F35 fighter jet. The contract award further strengthens the existing partnership between Chemring Australia and Meggitt, on this world leading multirole combat aircraft. Countermeasures are critical to pilo ……. |
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Collaboration Agreement between Virgin Hyperloop and Spirit AeroSystems |
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Spirit AeroSystems has joined in partnership with Virgin Hyperloop as it prepares to move towards a commercial product. The collaboration will help to solidify the hyperloop prototype utilizing Spirit AeroSystems engineers, fabricators, builders, supply chain and certification experts, and technicians. This new transit mode will unlock exponential growth opportunities for cross-industry manufacturing and development jobs – across construction, aerospace, rail, automotive, aviation, electric v ……. |
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Scott Bader Acquires Assets of Summit Composites Pty Ltd. |
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Scott Bader Australia Pty Ltd has acquired the assets of Summit Composites Pty Ltd. Scott Bader has been working alongside Summit Composites for over 10 years with Summit distributing their high-performance resins, gelcoats and adhesives to the Australian market. With Scott Bader’s objective of establishing a long-term presence in the Australian composites market and the founders desire to retire from the business, the natural next step was for Scott Bader to acquire the assets of the company ……. |
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Partnership between Marbocote and FCI |
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Started in 2016, the partnership between the Brazilian company FCI and the English Marbocote, both manufacturers of release agents, now reaches one of the highest points. Marbocote has just opened a unit in Valinhos (Sao Paulo, Brazil), the first outside the United Kingdom. With this, it will nationalize the resins used as bases for release agents. FCI, which manufactured Marbocote’s products under license, will stop importing the main raw materials, which will result in cost reduction and, of c …… |
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New Material |
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Green Science Alliance Co., Ltd. Developed Quantum Dot + Resin Based Composite Material |
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Mr. Hirohisa Iwabayashi and Dr. Ryohei Mori at Green Science Alliance Co., Ltd. developed quantum dot + resin composite material which is expected to possess higher resistance against light, water and heat because they are embedded in the resin. With this composite material, one can make any kind of shape and color by using any shape of mold, and various type of quantum dot which can emit various type of colors. They have been successfully developing quantum dot + resin; silica based inorganic ……. |
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Technology Development |
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Cooksongold AM in Partnership with ITA, EOS GmbH, and AMPS GmbH to Revolutionize Glass Fiber Industry |
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Cooksongold AM and Sempsa JP, part of the Heimerle + Meule Group, informed that they are working to innovate glass fiber production by 3D printing (also known as Additive Manufacturing) the tip plates of bushings made from precious metal. Working in partnership with the Institut fur Textiltechnik of RWTH Aachen University, short ITA, and EOS GmbH, short EOS, Cooksongold AM have produced a full-size tip plate from a platinum/rhodium alloy that has successfully passed its initial production trials ……. |
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Financial |
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Velocity Composites Releases Half Yearly Unaudited Results |
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Velocity Composites plc, the leading supplier of advanced composite material kits to the aerospace market, releases its unaudited half-year results for the six months ended April 30, 2020. Andy Beaden, Non-Executive Chairman, said, “The effects of the COVID-19 pandemic and resulting lockdowns on the aerospace industry have been dramatic and unprecedented. Whilst we are not where we expected to be right now, our vision and strategy for Velocity’s growth are unchanged. The increased challenges ……. |
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Huntsman’s Overall Sales to be Down in Second Quarter 2020 |
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Huntsman Corporation reaffirmed its overall general outlook for the second quarter 2020 and informed that overall sales for the quarter are expected to be down between approximately 30% to 35% versus last year. Huntsman noted that the sales trends showed improvement from April to May, and it expects to see this continued improvement through June. Results in its Polyurethanes division are expected to be modestly better than expected as trends in China and in U.S. construction, including spray fo ……. |
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Events |
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SPE Automotive Composites Conference and Exhibition 2020 to be a Virtual Event |
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The organizing committee for the SPE Automotive Composites Conference and Exhibition (ACCE), which is jointly organized by the Automotive and Composites divisions of the Society of Plastics Engineers (SPE, Detroit, Mich., U.S.), declared the transition from an in-person event to a virtual platform for its 20th anniversary event. The virtual ACCE will be held Sept. 9-11, 2020 — the dates it was originally planned for — and will include technical sessions, sponsorship and exhibit options and ……. |
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LANXESS at the VDI Congress “Plastics in Automotive Engineering”, July 28 and 29, 2020 |
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LANXESS will have several emphases during its appearance at the VDI Congress “Plastics in Automotive Engineering” (PIAE), which is being held virtually due to the Corona pandemic. “Among other things, we will present lightweight solutions based on our Tepex-branded continuous-fiber-reinforced thermoplastic composites for brake pedals as well as structural components of the vehicle body and high-voltage battery,” says Thomas Malek, Business Development manager for Tepex Automotive in the High Per ……. |
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CAMX 2020 to be A Virtual Experience |
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CAMX 2020 issued a statement, signed by Marcy Offner, chair of the CAMX Steering Committee; Kevin Barnett, CEO of the American Composites Manufacturers Assn. (ACMA); and Gregg Balko, CEO of SAMPE. According to the statement, CAMX leadership has decided to transform CAMX 2020 into a completely virtual event, replete with conference programming, a virtual trade show, and plenty of networking. It is because COVID-19 has impacted virtually all aspects of the composites and advanced materials industr ……. |
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Webinar– Automated Composite Ply Kitting on July 23, 2020 |
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This summer Airborne presents several webinars on Automated and Digital Manufacturing of Advanced Composites. Join the experts from Airborne every month and enjoy different topics and live demos of its solutions. Implementing Automated and Digital Manufacturing is the latest trend, but what does it mean in practice and how is it most beneficial for the production processes of composite parts? Customers can find out how automation and digital manufacturing can enhance their composite parts pro ……. |
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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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AZL Aachen Project Integrates Flax Fiber Reinforcement with a PA11 Resin Matrix |
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AZL Aachen GmbH (Aachen, Germany) reported development and implementation of its present project, a process chain for the production of quasi-continuous, bio-based tapes. Operated at the Institut fur Textiltechnik of RWTH Aachen University (ITA, Aachen, Germany), the project involved three institutional partners, including Sofila, Em-Systeme (Oberhausen, Germany), Safilin (Hauts-de-France) and a laboratory-scale tape production facility. AZL says the 100% bio-based thermoplastic tapes — like ……. |
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Murata Machinery Ltd and Institut fur Textiltechnik to Produce Complex Curved Pipe Structures with Multi-Filament Winding Process |
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The cost-effective and productive manufacture of fiber-reinforced pipe components (pipeline) represents a major challenge for many applications. The multi-filament winding process enables the processing of a large number of fiber rovings simultaneously, which significantly increases productivity in the manufacture of rotationally symmetric components. In close cooperation with Murata Machinery Ltd. from Japan, the multi-filament winding machine located at the Institut fur Textiltechnik of RWT ……. |
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