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Composites Market Insights, March 08, 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”, “Price Movement”, “Awards and Certifications”, and “Others” |
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Business Development |
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Composites One Acquires Process Materials Business from Solvay |
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Composites One, the leading North American supplier of composites materials and value added services, has completed its purchase of the Process Materials business from the Solvay Composites Materials Global Business. The acquisition is a unique opportunity for the company to add international manufacturing and sales capabilities in specialized materials used in a variety of vacuum-assisted composite manufacturing processes. The acquired business has been rebranded as Aerovac and is a major ma ……. |
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allnex to Accelerate the Construction of a World-Class Production Base for High-Performance Environmental Protection Resins |
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allnex apprises of the formal establishment of allnex advanced Materials (Jiaxing) Co., Ltd. In addition, allnex informed about the construction of a world-class production base of environmentally-friendly high-performance resins, with the aim to promote green innovation and meet the growing demands of China and the global market on high-quality coatings, resins and additives. The new production base is located in Dushan Port Economic Development Zone, Pinghu City, Jiaxing, Zhejiang Province, ……. |
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Cabot Corporation Expands Engineered Elastomer Composites (E2C) Line |
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Cabot Corporation has launched its latest Engineered Elastomer Composites (E2C) product, E2C DZ8650, part of the Durability series of solutions that is designed to reduce in-field failures and maximize operational uptime. DZ8650 is formulated to deliver breakthrough improvements in erosion and wet abrasion resistance, as well as mechanical strength in mining rubber applications including slurry pumps, hydrocyclones and rubber pipes. ……. |
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ABS Consulting Offers Ultrasonic Testing Technology Developed for NASA to Offshore Assets |
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ABSG Consulting Inc. (ABS Consulting) has signed an exclusive global licensing agreement to offer an innovative ultrasonic non-destructive testing (NDT) solution that supports the expanded use of composite materials on offshore assets to extend service life. Developed to test the heat shield on the Orion space capsule, this is the first proven nondestructive evaluation (NDE) technology that can successfully scan layered composite material for defects, offering unprecedented visibility into th ……. |
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Application Development |
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Ariane 5 Bulkhead Design Assessed for Airbus Airliners |
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An adapted version of a composite bulkhead that safeguards satellites during their ascent on the ESA-developed Ariane 5 launch vehicle has been tested for service aboard single aisle Airbus aircraft. Fitted in the rear tail cone, it would serve as a firewall to protect passengers in the event of the rear auxiliary power unit engine catching fire or the main cabin pressure bulkhead rupturing. “The task of this bulkhead aboard Ariane 5 is to protect the satellite from the launcher exhaust, dust ……. |
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Teijin and Applied EV Develop Polycarbonate Solar Roof for Future Mobility |
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Teijin Limited informed that the company and its joint development partner Applied Electric Vehicles (Applied EV) have developed a polycarbonate solar roof for future mobility applications. The green solution marks another major step toward the companies’ shared vision of zero-emission mobility. The new solar roof uses Teijin’s Panlite polycarbonate resin glazing for its surface. Teijin used its proprietary know-how in polycarbonate resin glazing and technologies to integrally mold the roof’s ……. |
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Financial |
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Gurit Reports Net Sales Growth, Operating Profit Margin of 11.2% for Fiscal Year 2020 |
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Gurit reported net sales of CHF 578.8 million for the full year 2020. Gurit achieved an operating profit of CHF 64.6 million (11.2% of net sales) and net profit amounted to CHF 46.6 million in 2020. Gurit reports sales growth of 3.3% in reported CHF and 8.9% at constant exchange rates for its Continued Operations, despite the effects of the global COVID-19 pandemic. This is largely due to the continuously strong wind energy market and the solid position Gurit has within this sector. Compos ……. |
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Price Movement |
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LANXESS Increases Prices for Hexanediol |
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LANXESS is raising its prices for 1,6-hexanediol (HDO) globally with immediate effect. The increase amounts for EUR 800 per metric ton. HDO is an important precursor for high performance coatings, fibers, adhesives, polyurethanes, polycarbonate diols, and as reactive diluent for epoxy resins. ……. |
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AOC Increases Price of UPR and VE Portfolios |
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AOC apprises of a price increase of 350 Euros per ton for its entire UPR portfolio and 450 Euros per ton for its entire Epoxy Vinyl Ester (VE) portfolio sold in Europe, Middle East and Africa. The price increase will take immediate effect for all new orders or as soon as contracts allow. This price increase is in addition to the increases that were previously announced. “The pricing of Styrene, Maleic Anhydride, Liquid Epoxy Resin (LER), and other key raw materials has seen continued increase ……. |
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Ashland Increases Prices for 1,4-Butanediol and Derivatives in North America |
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Ashland is increasing prices on 1,4-Butanediol (BDO) and several derivative products as indicated below: Product: 1,4-butanediol (BDO), Amount of increase: $0.42 per pound Product: gamma-butyrolactone (BLO), Amount of increase: $0.45 per pound Product: n-methyl-pyrrolidone (NMP), Amount of increase: $0.45 per pound Product: 2-pyrrolidone (2-Pyrol), Amount of increase: $0.45 per pound Product: tetrahydrofuran (THF), Amount of increase: $0.45 per pound The increases apply to North ……. |
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Ashland Increases Prices for 1,4-Butanediol and Derivatives in Europe |
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Ashland is increasing prices on 1,4-Butanediol (BDO) and several derivative products as indicated below: Product: gamma-butyrolactone (BLO), Amount of increase: 1.10 eur/kg Product: n-methyl-pyrrolidone (NMP), Amount of increase: 1.00 eur/kg Product: 2-pyrrolidone (2-Pyrol), Amount of increase: 1.00 eur/kg The increases apply to Europe and are effective April 1, 2021 or as agreements allow. ……. |
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Awards and Certifications |
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Automotive Team at Huntsman Polyurethanes Celebrates Supplier Award from Toyota Boshoku Europe |
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Huntsman Polyurethanes’ automotive experts are celebrating after receiving the best performing supplier award from Toyota Boshoku Europe. Every year, Toyota Boshoku Europe gathers its top suppliers together to celebrate cooperation and collaboration. In 2020, because of COVID-19, the group’s annual awards ceremony was cancelled, with winners notified by email instead. For the second year running, Huntsman has been recognized as one of the most industrious and reliable companies working with t ……. |
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Ken Clayton Joins Markforged as the Head of Global Sales |
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Markforged informed that industry veteran Ken Clayton will join the company as SVP, Global Sales. In his role, Clayton will be responsible for setting the company’s global sales strategy and driving a channel-first go-to-market approach across North and South America, EMEA and APAC. Clayton will be based in Markforged’s Watertown headquarters and report directly to Markforged CEO Shai Terem. ……. |
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Arris Wins GOOD DESIGN Award for Optimized Composite Structures |
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Arris, a California-based manufacturing tech pioneer enabling the use of high-performance composites in mass-market products, has won the GOOD DESIGN Award for its revolutionary carbon fiber optimized truss structure. Arris’s first-of-its-kind lattice-type truss uses continuous fiber-reinforced thermoplastic composites (CFRTP) to deliver a structure that embodies two ideals: exceptional strength-to-weight characteristics and exceptional scalability. This breakthrough replaces old fashioned I- ……. |
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Others |
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ACE CNC Machining Training Addresses Critical Workforce Needs in Machining Composites, Metals |
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Nearly 1,000 students and adults across America are taking advantage of America’s Cutting Edge (ACE) computer numerical control (CNC) machining training launched, in part, by IACMI, in December. The new initiative uses online learning and machining simulation, as well as in-person machine time, to teach essential manufacturing skills to help tackle the nation’s growing manufacturing workforce gap. According to IACMI Chief Technology Officer Uday Vaidya, who also serves as University of Tennes ……. |
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Bureau of Reclamation Partners with US Army Corps of Engineers and HeroX to Crowdsource Portable Devices for Field Assessment of Composite Structures |
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The Bureau of Reclamation (Reclamation) in partnership with US Army Corps of Engineers (USACE) and HeroX, the leading crowdsourcing platform for solutions to global problems, declares the crowdsourcing competition “The Imperfection Detection Challenge”. The challenge calls on the global community of solvers to design portable devices for field assessment of composite structures. The ongoing use of fiber reinforced polymer (FRP) composite materials for federal civil infrastructure, at both Recla ……. |
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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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