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Composite ind. CHANGE TOPIC

Composite industry news, August 2021

Putnam expands facility

Putnam Plastics Corporation has completed expansion of its facility in Connecticut, USA.

Hexion has reported net sales from continuing operations of US$852 million, an increase of 59% compared with US$535 million in Q2 2020.

Composites UK says that many of its events from September 2021 will now be held face to face.

A new report suggests the market for composites additive manufacturing (AM) could reach US$2 billion by 2031.

Bombardier reports that it has received a firm order for 10 aircraft from an existing customer representing a total value of US$451.8 million.

Stratasys Ltd says that it received US$147.0 million in Q2 2021, compared to US$117.6 million in the same period of 2020.

Composites UK says that five of its 2021 webinars from are now available to watch on demand through Vimeo.

Owens Corning has reported net sales of US$2.2 billion in Q2 2021, an increase of 38% from US$1.6 billion in the same period of 2020.

SGL says that its sales were €496.7 million in the first half of 2021, up 8.8% from €456.5 million in the same period of 2020.

Exel Composites has appointed John Mertic as its new area sales manager for North America.

Oerlikon Group has reported a 23% sales increase to CHF 628 million in Q2 2021 compared to the same period in 2020.

The Composites Leadership Forum (CLF), a body created to promote composites, has released a new report on how the materials can improve climate change.

Lanxess has completed its acquisition of Emerald Kalama Chemical for US$1.04 billion (€870 million), reportedly the second biggest in its history.

Hexcel Corporation has reported Q2 sales of US$320.3 million, compared to $378.7 million in the Q2 2020.

The Federation of European Materials Societies (FEMS) has announced its 2021 award winners.

CVC Capital Partners reportedly plans to sell AOC Resins to an affiliate of private equity firm Lone Star Funds.

Injection molding specialist Techniplas says that it has successfully completed its acquisition of Nanogate Group’s core business.

Engineering Technology Corporation has appointed Marc Courteau as its general manager.

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