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Composites Market Insights 21 February 2022

Şubat 23, 2022

Lucintel Firmasının 21 Şubat 2022 tarihli haftalık haber bülteni aşağıda yer almaktadır.

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Composites Market Insights, February 21, 2022
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”, and “Others”
Business Development
Collaboration between SABIC and China’s Dongfeng
SABIC has collaborated with Dongfeng Motors, one of the largest truck manufacturers in China, on the development of a novel plastic composite hybrid solution to produce a strong lightweight truck-mounted toolbox. The application is made with a combination of SABIC’s STAMAX resin, a long glass fiber polypropylene (PP), and continuous glass fiber composite laminate inserts via a single overmolding process. The finished part is lighter by up to 30 percent compared to a similarly designed part in st …….
Teijin Automotive Technologies Broadens Composites Footprint in China
Teijin Automotive Technologies, the core company of the Teijin Group’s automotive composites business, has begun commercial operation of a new composites manufacturing facility in the Wujin National Hi-Tech Industrial Zone based in Changzhou, Jiangsu province, China. The new facility boasts 39,000 square meters of work area. The company also informed that it is constructing a third plant in China, based in the Technological Development Zone of the Tiexi District in Shenyang, Liaoning province, …….
Teijin Introduces Advanced Spread-Tow Carbon Fiber Woven Fabric
Teijin Limited has launched a lightweight, strong and cost-effective carbon fiber woven fabric developed with the company’s proprietary tow-spreading technology. The new woven fabric is made with 3K (3,000) carbon fiber filament yarn for applications requiring low weight and design flexibility, such as automotive interior materials and sporting goods. Teijin, using its in-house tow-spreading technology, succeeded in thinning the 3K fabric from a molding thickness of 0.2 mm to approximately 0.15 …….
Teijin Expands Thermoplastic Prepreg Lineup
Teijin Limited has expanded its lineup of carbon fiber thermoplastic intermediate materials with three matrix resins: polypropylene (PP) / polycarbonate (PC), PC, and polyamide (PA). The new resins are now being used as base resins in new versions of the company’s existing prepreg products, including Tenax ThermoPlastic UniDirectional (TPUD), Tenax ThermoPlastic Woven Fabric (TPWF) and Tenax ThermoPlastic Consolidated Laminate (TPCL). For identifying opportunities and competitive analysis of …….
Albany International to Produce CH-53K Aft Transition for Sikorsky
Albany International Corp. informed that its subsidiary Albany Engineered Composites (AEC) has been selected by Sikorsky Aircraft to produce the complete CH-53K Aft Transition assembly in a competitively bid 10-year long term agreement (LTA) covering Lots 7 through 14. Long-lead funding is already underway to support the schedule and the contract is expected to be finalized in the first quarter of 2022 with first deliveries in 2023. For identifying growth opportunities for Composites in Global …….
FACC Develops Composite Components for Rolls-Royce’s New Pearl 10X Engine
FACC AG is setting new standards for the aviation industry with its innovative technology solutions. The aerospace group has recently secured another major project: FACC has been commissioned by Rolls-Royce with the development and manufacture of composite components for the new Pearl 10X engine, and is thus represented on the newly launched engine and aircraft platforms as a technology partner. FACC will now be contributing its long-standing know-how of innovative lightweight engine solutions …….
Application Development
Classic Recreations’ Latest Innovation— Carbon Fiber Bodied CSX Series Shelby Cobra Race Car
Classic Recreations, the iconic builder of high-performance custom vehicles, including Shelby GT500CR continuation cars, has informed about its latest innovation – an authentic, officially licensed 1965 carbon fiber bodied CSX Shelby Cobra race car. As the most recent achievement to emerge from Classic Recreations, the full carbon fiber body is an extension of Carroll Shelby’s vision and follows the company’s wildly received 1967 carbon fiber bodied GT500CR Mustang which was released in early 20 …….
Advanced Resin Infusion Techniques Lightweight the High-Performance H:CRAFT H44Z
Hayaari Marine has recently launched a fully resin infused version of its flagship center console model the H:CRAFT H44Z, with a weight saving of over 20% enabling a top speed in excess of 90mph. Hayaari Marine has seen major benefits with the switch to infusion, saving approximately 450kg of resin per boat and reducing the overall hull weight by more than 20%. The investment in infusion technology has also significantly increased the laminate quality and consistency, as well as providing for m …….
Financial
Owens Corning’ Composites Business Witnesses Strong Full-Year 2021 Results
Owens Corning reported fourth-quarter and full-year 2021 results. • Reported Net Sales Increase of 20% in 2021 to $8.5 Billion • Produced Full-Year Net Earnings of $1.0 Billion Resulting in Diluted EPS of $9.54 • Expanded 2021 Adjusted EBITDA Margins to 22% and Adjusted EBIT Margins to 17% • Increased Operating Cash Flow to $1.5 Billion and Free Cash Flow to $1.1 Billion in 2021 with Conversion of 112% • Returned $678 Million, or 62%, of Free Cash Flow to Shareholders through Dividends and …….
Exel Composites’ Q1-Q4 2021 Results Show Significant Increase in Revenue
Q4 2021 in brief • Order intake decreased by 8.8% to EUR 30.5 million (Q4 2020: 33.4). • Revenue increased by 32.7% to EUR 36.5 million (27.5). • Operating profit decreased to EUR 0.6 million (2.7), which is 1.8% of revenue (9.9). • Adjusted operating profit decreased to EUR 1.0 million (2.7), which is 2.8% of revenue (9.9). • Earnings per share amounted to EUR 0.04 (0.09). Q1-Q4 2021 in brief • Order intake increased by 21.8% to EUR 140.6 million (Q1-Q4 2020: 115.4). • Revenue inc …….
Mitsubishi Chemical to Transfer Lucite International Japan Shares
Mitsubishi Chemical Corporation (MCC) has decided to transfer all MCC group’s shares of Lucite International Japan Co., Ltd. to Midorikawa Chemical Industry Co., Ltd. Lucite Japan was established as an acrylic composite material production and sales base in Japan for Imperial Chemical Industries of the UK. Since 1993, the company has been operating in Namegata City, Ibaraki Prefecture, responding to domestic demand for acrylic composite material, which is used in applications such as bathtubs, …….
New Reports in Composites Market Published By Lucintel
Others
Researchers Discover Surprising Complexity in Simple Particle Model of Composite Materials
Researchers from Tokyo Metropolitan University have used computer simulations to model how a composite material reacts to loading. They studied a particle model of a pillar of stiffer material in a soft matrix, finding a concentration of force around the pillar with a broadness that differed from theory. The team found this was due to subtle changes in density near the pillar, a new principle to be considered in composite material design. A team led by Professor Rei Kurita from Tokyo Metropolit …….
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