Composites
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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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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SGL Carbon SE increases sales and earnings guidance again for the current fiscal year 2022
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 launches low friction lightweight thermoplastic composite bearing
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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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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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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Teijin Automotive Technologies to produce pickup box for next generation Toyota Tundra
Teijin Automotive Technologies (formerly Continental Structural Plastics) today announced it is manufacturing the pickup boxes for the next generation 2022 Toyota Tundra Pickup truck. These boxes are being produced at the company’s new facility in Seguin, Texas.
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KARL MAYER presented sustainable solutions at JEC World
After a three-year break due to corona, the global composites industry came together again for the first time at a JEC World. The leading composites industry event was held in Paris from May 3-5, 2022. It exceeded all expectations in terms of product launches, content, business activities and attendance. In total, more than 32,000 trade visitors from over 115 countries were counted in Paris and on the JEC World Connect digital platform. The online format celebrated its premiere and was offered parallel to the presence event.
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Cobra International has launched an innovation report highlighting its key composite manufacturing innovations that have reshaped the Windsurfing industry.
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Until now, customers needed to update their simulation software to obtain the latest injection moulding databases from providers, with a significant lag between new material availabilities and public database updates – sometimes more than a year. They also needed to reach out to multiple contacts on a regular basis to check for the latest resource availabilities from material providers.
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Composites
Hexcel launches HexPly® Nature Range
Hexcel has developed a new product range that combines Hexcel resin systems made with bio-derived resin content with natural fiber reinforcements to create material solutions for Automotive, Winter Sports, Marine and Wind Energy applications.
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DORNIER presents itself at the JEC world with end-to-end approaches to thermoplastic composites and three-dimensional preforms
A modern composite lightweight design is not based on the material alone. It is rather an optimal synergy of material, process and application. With its PROTOS® and TRITOS® production systems, Lindauer DORNIER is now presenting comprehensive solutions for the economic production of high-quality customized thermoplastic composite structures at the JEC World.
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SGL Carbon continues dynamic business development in Q1 2022
SGL Carbon generated consolidated sales of €270.9 million in Q1 2022 (Q1 2021: €241.5 million). This corresponds to an increase of €29.4 million or 12.2% compared to the same period of the prior year. All four business units contributed to the pleasing increase in sales. In parallel, adjusted EBITDA improved by 11.5% to €36.8 million in the reporting period.
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Inside Bananatex®: the world’s first technical fabric made from naturally grown Abacá banana plants.
100% made from plants cultivated in the Philippines within a natural ecosystem, Bananatex® was developed by Swiss bag brand and material innovators QWSTION in collaboration with Taiwan-based yarn specialists and weaving partners, united by the ambition to make a positive impact on the future of our planet.
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RISE® research, innovation & science for engineered fabrics delivers material science innovations to advance sustainability
Product development and innovators in nonwovens & engineered materials gained valuable expert insights on material science innovation and sustainability at the 12th edition of RISE® — Research, Innovation & Science for Engineered Fabrics conference.
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Nonwoven & engineered material industry share advances in responsible sourcing, sustainable innovation and end-of-life product solutions
Nonwoven & engineered material companies have come together to demonstrate the industry’s commitment to reducing environmental impact and advancing sustainability.
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