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Composite ind. CHANGE TOPIC

Composite industry news, October 2020

Plastic research center AIMPLAS says that it ended 2019 with €13.3million in revenue, a 14% in-crease over 2018.

Flame-retardant materals suitable for EVs

Lanxess has developed three new halogen-free, flame-retardant materials in its range of Tepex continuous-fiber-reinforced thermoplastic composites.

Kordsa reports that it has been awarded a Gold rating for sustainability by Ecovadis, a company which makes business sustainability ratings.

BASF SE has appointed Liming Chen, chairman of the IBM Greater China Group, to its supervisory board.

Hexion reportedly plant to increase the prices of its Cardura glycidyl ester, VeoVa monomers and Versatic acids.

Covestro reports that its Q3 2020 EBITDA is €456 million, above market expectation.

Hexion Inc will sell its phenolic specialty resin, Hexamine and European-based Forest Products resins businesses.

Thermochemical energy storage for renewable energy

Exel Composites has appointed Jens Hanusch as its head of sales for the north, east and central Europe regions.

Gurit has reported net sales of CHF434.8 million for the first nine months of 2020, an increase of 4.1% compared to the previous year.

AOC has announced a price increase of US$.05 for products sold in the USA, Canada, Mexico and Latin America.

AOC reports that it has completed its acquisition of Ashland Global Holdings’ maleic anhydride business and manufacturing facility in Neal, West Virginia.

Ensinger says that it has commissioned a new facility for the production of thermoplastic prepregs in Cham, Bavaria.

GKN Aerospace reports that it is leading a UK project focused on trialling digital technologies in the manufacturing environment.

Solvay reports that it has installed solar panels at its Brussels headquarters as part of its One Planet green initiative.

Sigmatex says that it has accelerated its plans to ‘consolidate its operational footprint’ in the US.

Innovate UK says that it has restarted the UK-wide composites industry market survey it had paused in April due to the Covid-19 lockdown.

Composites UK has released the shortlist for its 2020 composites industry awards.

The AMRC has submitted a £75 million bid to speed up the decarbonization of the UK’s Humber region.

The British Plastics Federation (BPF) reports that the UK 2020 Polymer Apprentice of the Year Award is open for entries.

NeoGraf Solutions, which makes graphite sheets and powders, has appointed Drew Walker as its new president.

Safran and Saertex have reportedly signed a 10-year contract to make carbon fiber aircraft equipment.

UK-based Rockwood Composites says that the company has grown by 50% over the last year, despite economic turbulence.

BASF says that it is promoting its Ultradur and Ultramid flame resistance materials at this year’s Fakuma, taking place online.

Italian plastics and rubber trade association Amaplast has celebrated its sixtieth anniversary.

Composites cutting specialist Bindatex says that it has received a 40% increase in sales in its annual results.

Toray says that it has opened a distribution center in the US for its range of Toray AmberTool HX56 composite tooling prepregs.

ASM International has launched a customizable online database of inorganic materials.

3D printing of composite parts makes counterfeiting easier

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