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Composites Market Insights, October 05, 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”, “Application Development”, “Technology Development”, “Awards and Certifications”, “Events”, ” People” and “Others”. |
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Business Development |
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F-35 Supply Agreement Extended with Solvay and Lockheed Martin |
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Solvay has been awarded a new five-year material supply contract for Lockheed Martin’s F-35 aircraft. The new contract extends Solvay’s long-standing partnership on the F-35 program and underlines the company’s leadership in composite and adhesive technologies for defense platforms. “It is a privilege to be the principal supplier of structural composites and adhesives to Lockheed Martin multinational F-35 program,” said Carmelo Lo Faro, President of Solvay Composite Materials Global Business ……. |
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Hexion Inc. to Sale Three Resin Businesses to Black Diamond and Investindustrial |
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Hexion Inc. has entered into a definitive agreement to sell its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial. The consideration consists of $335 million in cash and certain assumed liabilities with the remainder in future proceeds based on the performance of the business. Together, these businesses posted sales of approximately $530 million for the last twelve months ended June 30, ……. |
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Covestro to Acquire Resins & Functional Materials Business from Royal DSM |
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Covestro has signed an agreement to acquire the Resins & Functional Materials business (RFM) from Royal DSM. By expanding its portfolio in the attractive growth market for sustainable coating resins, Covestro is taking a significant step in its long-term corporate strategy to strengthen its sustainable and innovation-driven businesses. Adding about EUR 1 billion in revenues and an EBITDA of EUR 141 million (2019), the integration of RFM is a substantial strategic growth opportunity to expand rev ……. |
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Sigmatex Accelerates Consolidation of US Operations |
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As a result of changes in demand linked to COVID-19, Sigmatex will accelerate its plans to consolidate its operational footprint in the US creating a Centre of Excellence at its purpose-built plant in Orangeburg, South Carolina. The large, modern, Orangeburg plant was purpose built in 2016 as part of the Group’s growth strategy. It offers significant expansion potential and already houses a state-of-the-art weaving cell and multiaxial cell. As part of the consolidation process, Sigmatex will ……. |
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Shape Offers Low Cost Alternative Materials |
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Shape Machining Ltd has continued to offer a greater range of machined materials in addition to epoxy and PU patterns, foams and composites. Managing Director, Ryan Muller said “We were asked by a large defense company to machine GRP flat stock as well as a considerable amount of birch ply. We used our expertise and willingness to learn in order to trial new cutters and machining methods, enabling us to support our customer with fast turn-around times and zero defects”. SHAPE machines a va ……. |
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Chem-Trend’s New Preform Coating System (PCS) for Improved Handling of PET Preforms |
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Chem-Trend participated in the development of a new preform coating system (PCS). This system enables preforms to be accurately sprayed directly after the injection-molding process. The solution was developed by Bonino Group in collaboration with Chem-Trend and Steidle. The system is installed directly after the injection-molding machine and before the soft-drop or Octabin. It is designed to spray only the body of the preforms with extreme precision without applying any coating agent on the t ……. |
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Long-Term Supply Agreement between Cabot Corporation and ADES |
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Cabot Corporation informed that its subsidiary, Cabot Norit Americas, Inc., has entered into a long-term supply agreement with ADA Carbon Solutions (Red River), LLC, a producer of lignite-based activated carbon and a subsidiary of Advanced Emissions Solutions, Inc. Under the supply agreement, ADA will manufacture and supply Cabot Norit’s proprietary portfolio of lignite-based activated carbon products exclusively to Cabot Norit. In conjunction with the supply agreement, Cabot Norit has also e ……. |
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Tecniplas Strengthens Its Presence in the Pulp and Paper Sector |
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Tecniplas has benefited from the recent growth in the Brazilian pulp and paper sector. Leader in tanks and special equipment made of composites, the company participated in the largest projects carried out in the country in 2019 and 2020, with emphasis on the expansion, at the moment, of the Bracell plant in Lencois Paulista, largest pulp mill in the world and main private investment in the state of Sao Paulo in the last twenty years. For Luis Gustavo Rossi, director of Tecniplas, integrating ……. |
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New Material |
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TFP Introduces Its New High Temperature Materials |
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TFP Global introduces a couple of new developments – lightweight veils designed for high temperature performance in composites. These new polyimide and basalt veils are part of TFP’s OPTIVEIL range and have been developed specifically to expand TFP’s selection of high temperature materials. The polyimide veil is the highest temperature stable polymer veil that TFP manufacture, with a maximum service temperature of above 260°C – significantly higher than other polymers, such as polyester and P ……. |
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Application Development |
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Covestro Maezio Thermoplastic Composites Enable High-Performance Components for Anta Sports Shoes |
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Anta Sports Products Ltd., a leading sportswear company in China, has launched KT6 – the latest generation of the signature sneaker of NBA all-star Klay Thompson. Available for sale in China and some Southeast Asian countries, this iconic basketball shoe features a variety of material technologies, including a carbon fiber shank made with Covestro’s Maezio thermoplastic composites for midfoot support and a smooth transition from heel to toe. In this latest KT silhouette, the X-shaped shank must ……. |
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OESH Shoes 3D Prints 100% Recyclable Soles Using Huntsman TPU Elastomers |
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OESH Shoes (OESH), the U.S. footwear brand that makes women’s shoes, has been evaluating how Huntsman’s thermoplastic polyurethane (TPU) materials can be used to create a 100% recyclable shoe sole via 3D printing – with positive results. When OESH contacted Huntsman, seeking advice about the ideal material to use for 3D printing soles, Huntsman’s footwear team recommended TPU materials that had the specific comfort and performance properties OESH desired. OESH put Huntsman’s TPU to the te ……. |
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Journey Instruments Unveils Two Collapsible Travel Guitars |
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Journey Instruments, the holder of multiple patents for collapsible travel guitars, is introducing two unique models just in time for fall travels. Both guitars were created in response to customer demand for a solution to a unique travel dilemma faced by traveling musicians. Classical guitar players have forever been plagued by the fact that their high-end instruments are extremely fragile due to delicate woods and difficult to travel with due to size. Journey Instruments answered these prob ……. |
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Ridge Corporation Offers TRAILER HELMET– a Resilient Breakthrough in Trailer Protection |
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Ridge Corporation, leading manufacturer and innovator of advanced composites, has moved ahead in trailer protection. With five years of modeling, testing, and aero confirmation, Ridge Corporation is offering a limited TRAILER HELMET availability for fleet testing. Ridge is utilizing a proven, in-house process called RPTM (Rapid Prototype Tool Molding) which will assist OEM’s to prototype and test actual full-scale product concepts for quick validation. Ridge Corporation’s RPTM is a unique method ……. |
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Technology Development |
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ENGEL e-mac 465/130 to be Presented at First ENGEL Live |
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ENGEL is extending its all-electric e-mac injection molding machine series to include a machine with a clamping force of 1300 kN, thus further strengthening its position as a one-stop supplier for applications with electric injection molding machines. The new e-mac 130 will be presented at the first ENGEL live experience 2020 from October 13 to 16 to demonstrate a challenging connector component production application. An ENGEL e-mac 465/130 is producing actuators for Han-Quick Lock brand con ……. |
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CAMX 2020 |
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September 21-24, 2020 |
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Program and registration: CAMX 2020 |
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Awards and Certifications |
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ACMA Membership Awards Spotlight: Outstanding Volunteer Award |
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ACMA’s Outstanding Volunteer Award is given to a member who has contributed significant volunteer time and effort to achieve positive results on behalf of the industry through service to ACMA. The 2019 Outstanding Volunteer recipient was Rick Pauer – Applications Specialist, Polynt Composites USA. Rick Pauer serves as an Applications Specialist for Polynt Composites USA and has been involved in the FRP industry for almost 50 years. Throughout that time, he has held several positions that h ……. |
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Events |
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Two Case Studies at SAMPE Europe |
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This week (September 30 and October 1st) SAMPE Europe held a virtual conference. There was over a 100 authors on stage, presenting high-quality technical papers that focus on Challenging Applications in advanced composites materials and their processes. Airborne was represented by Marcus Kremers and Anders Brodsjo. Automated Kitting – a Case Study with GKN Fokker On October 1st, Marcus Kremers presented the Automated Kitting solution and the way it’s implemented in the production processes a ……. |
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Teijin Exhibited Mobility Technologies and Products via Interactive Site |
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Teijin Limited unveiled its mobility technologies and products to enterprise customers via Teijin Mobility Online https://teijin-mobility.com/, an exhibition website launched on October 1. The site enables customers and the company to stimulate creativities and explore innovation opportunities responding to the new normal lifestyle. Main Exhibits ■ The Teijin Group’s “PU_PA III” EV concept car The PU_PA III, an environmentally friendly electric vehicle (EV) concept car, is made entirel ……. |
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People |
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Myriam Masson Will Lead New Automotive Team at SAERTEX |
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Despite the strong impact of the Coronavirus on the automotive industry, the demand for SAERTEX’s non-crimp fabrics in this sector continues to grow. As a result, SAERTEX has decided to cluster its consulting expertise by creating a dedicated sales team for the automotive industry. Myriam Masson has been promoted to lead this new sales unit. She has 21 years of sales and marketing experience with SAERTEX. Together with her team, she will further expand the business and develop application-spe ……. |
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Organizational Promotions, New Roles in Vectorply |
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Vectorply Corporation, a world leader in the design and production of composite reinforcement fabrics, declares the promotions of Seth Holman and Jordan Haar to new positions, and Mike Ditzler to Southeast Region Sales Manager. Holman joined Vectorply in 2008 as Northeast Region Sales Manager. He will begin his new role as National Sales Manager, where he will lead the company’s territory sales managers and direct sales efforts in North America. His technical expertise and customer focus have ……. |
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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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AFRL Repairs Next Generation Composite Materials with Light |
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Scientists at the Air Force Research Laboratory and Hanyang University are developing smart structural composites that are robust and photothermally responsive, enabling next generation composite materials that are repairable with the application of light sources. This is a joint collaboration between the United States and South Korea with participation of AFRL and Hanyang University through collaborative sponsorship of the Air Force Office of Scientific Research and the National Research Fou ……. |
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Spirit AeroSystems McAlester Facility |
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Due to the downturn in the commercial aviation market caused by the global pandemic and the effect on business from the grounding of the 737 MAX, Spirit AeroSystems now has an excess of production capacity across its global operations. As a result, Spirit has decided to close its facility in McAlester, Oklahoma. The fall-off in airline travel due to the COVID-19 pandemic has reduced overall demand for new commercial airplanes. In a matter of months, Spirit’s production rates for commercial ai ……. |