Christian de Andrade, director of Fibermaq.
Christian de Andrade, director of Fibermaq.

Fibermaq, a Brazilian supplier of composite molding equipment, says that it expects a 30% surge in revenue this year, returning to 2015 levels.

‘Our revenue dropped more than 25% last year,’ said Christian de Andrade, director of Fibermaq. ‘With the economic crisis, companies lacked the confidence to make investments, not to mention the sharp increase in default rates.’

In 2017 the company formed agreement for provision of filament winding machines to be used in making utility poles. With an eye on the wind power industry, Fibermaq finished developing applicators of different materials, such as putties and adhesives, as well as a new water-based adhesive spray gun, in addition to hydraulic and pneumatic pumps for bottling viscous materials.

Fibermaq also began a partnership with Autometrix, an American company that specializes in automated cutting systems. ‘We will be the authorized distributors of Autometrix equipment in Brazil,’ said de Andrade. ‘There are potential customers of Autometrix's solutions in the transport, including planes and helicopters, wind power, prosthesis, and sports equipment industry.’

This story uses material from Fibermaqwith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.