Composites
Toray develops high-speed thermal welding technology for carbon fiber reinforced plastics
Toray Industries, Inc., announced today that it has developed a technology that thermally welds carbon fiber reinforced plastics (CFRP) at high speed. This technology will enable high-rate production and weight savings of CFRP airframes. The company will push ahead with demonstrations with a view to commercializing airframes after 2030 while further expanding CFRP applications.
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D-90 before the unmissable world’s leading composites show JEC World 2023
After the exceptional 2022 edition, JEC World, the leading international trade show dedicated to composite materials, their manufacturing technologies and application markets, will take place in Paris from April 25-27, 2023. As frontiers reopen, key players from the four corners of the world return to this unmissable event, and with all application sectors seeking sustainable technologies, JEC World 2023 is expected to be the biggest event ever, welcoming the entire community in a spirit of innovation, business and networking.
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Toray becomes joint winner in Japan’s Sixth Infrastructure Maintenance Awards
Toray Industries, Inc., announced today that it was one of three joint recipients of the Minister of Economy, Trade and Industry Award in the Electricity category of the Sixth Infrastructure Maintenance Awards. This is in recognition of the development of a carbon fiber-reinforced plastics (CFRP) technique employing in-situ vacuum-assisted resin transfer molding (VaRTM) technology. Toray, Tokyo Electric Power Grid, Inc., and Yasuda Seisakusho Co., Ltd. deployed that technique to repair steel pipe corrosion on transmission towers.
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Autoneum achieves revenue growth in 2022
Production volumes in the automotive industry increased significantly in fiscal year 2022 for the first time since 2020, but did not quite reach the level of 2019. Autoneum’s revenue in local currencies increased by 8.5%. In Swiss francs, Group revenue increased by 6.1% year-on-year to CHF 1 804.5 million. A slight decline was recorded in production volumes. The increase in revenue resulted from inflation-related compensation.
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Fibres, fabrics, epoxy resins and adhesives from Sicomin have been used by Grand Largue Composites (GLC) to construct the first Class40 racing yacht to feature a significant quantity of flax-fibre reinforcements.
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The increased hygienic requirements during the Corona pandemic have also fuelled the demand for packaging. At Lindauer DORNIER GmbH this has led to an unprecedented level of incoming orders for film stretching lines. At the K (19 - 26 October in Düsseldorf), the technology leader will therefore focus on spare parts supply and additional services for the newly sold lines.
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Better sustainability for the new Volkswagen Multivan with Borealis Fibremodâ„¢
Borealis Fibremodâ„¢ is used to produce first and largest-ever all-thermoplastic tailgate for the new Volkswagen Multivan. The revolutionary tailgate of the new Volkswagen Multivan demonstrates how customer-centric innovation and collaboration can produce high-performance parts which can lower the overall carbon footprint of vehicles. The Fibremodâ„¢ portfolio of lighter-weight polypropylene (PP) compounds is giving Tier One suppliers and OEMs the freedom to design and manufacture more sustainable and lightweight solutions for leading automotive brands and their increasingly electric fleets.
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Stedelijk Museum Amsterdam Modern Wing featuring Teijin-supported large-scale composite facade celebrates 10th Anniversary
Teijin Limited announced today that the modern wing of the Stedelijk Museum Amsterdam featuring the world’s largest composite facade, made with Teijin Group’s Twaron® para-aramid fiber and Tenax™carbon fiber, is celebrating its 10th anniversary this year. Teijin, which operates group companies in Europe under a regional headquarters located in Amsterdam, has been sponsoring the museum since 2007 as a cultural initiative inspired by the company’s philosophy of growing and evolving in harmony with society.
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10 years of the Ort im Innkreis site – SGL Carbon's Austrian plant celebrates anniversary
With around 170 employees, fiber composite components for the automotive industry are produced in large series at SGL's Austrian site in Ort im Innkreis. Apart from structural vehicle components, the focus here is on composite leaf springs and battery box components. The customers are well-known: Leaf springs made of fiberglass-based composite material are produced at the site for car manufacturers such as Ford and Volvo.
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Due to the continued good business development, especially in the Carbon Fibers Business Unit, SGL Carbon SE is increasing its Group sales and earnings guidance for the current fiscal year and now expects Group sales of approximately €1.2 billion (previously: approximately €1.1 billion). The company expects to achieve adjusted EBITDA (EBITDA pre = earnings before interest, taxes, depreciation and amortization before one-off effects and non-recurring items) of €170 - €190 million (previously: €130 - €150 million) in 2022.
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Trelleborg Sealing Solutions launches its latest lightweight thermoplastic composite bearing, the HiMod® Advanced Composite Bearing Plus, an enhanced dual-layer bearing with a low-friction modified PEEK layer that reduces friction and increases wear performance for use in bearing, wear ring, and bushing applications.
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Composites
Kordsa strengthens its leadership with record growth
Kordsa increased its sales by 47% in the second quarter of 2022 compared to the same period of the previous year and achieved a turnover of 599 million USD (8,8 billion TL) in the first half of the year. During the same period, the company's EBITDA was 92 million USD (1,4 billion TL), and its net profit was 61 million USD (892 million TL).
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SGL Carbon remains on track
Despite uncertain general conditions in the first six months 2022, SGL Carbon's business model is proving its resilience. After €270.9 million in Q1 2022, SGL Carbon was able to increase sales to €278.9 million in Q2. Accordingly, sales for the first half of 2022 amount to €549.8 million, which corresponds to a sales plus of €53.1 million or 10.7% compared to the same period of the previous year.
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Teijin and envision racing extend multi-year partnership
The Teijin Group announced today that it has extended its multi-year partnership with Envision Racing Formula E Team to support the team’s continuing participation in ABB FIA Formula E World Championship electric-vehicle racing. The Teijin Group has been supporting the team since 2020, helping to raise awareness of the company’s contributions to climate-change mitigation and adaptation.
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Carrington Textiles to showcase latest military textile innovations in the Middle East
Global Textile manufacturer, Carrington Textiles, is set for its first appearance at the International Defence Exhibition (IDEX) taking place in Abu Dhabi in February, where the company will be unveiling some of their latest innovations in military textiles.
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A difficult year characterized by cost inflation and US demand challenges
The Finnish nonwovens manufacturer Suominen was able to increase its turnover by 11,3 % to EUR 493.3 million (443.2) in the financial year 2022 compared to the previous year. Due to various factors, however, EBITDA fell, resulting in a loss at the end of the year. For 2023, Suominen expects to be able to increase its comparable EBITDA.
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FiltXPOâ„¢ will connect global companies with key decision makers at international filtration and separation exhibition
Global leading companies from more than 15 countries in the filtration and separation industry will connect with some 1,500 industry professionals and launch their innovations at FiltXPOâ„¢ 2023, Oct. 10-12, at Navy Pier in Chicago, Illinois.
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