07 June 2002
07 June 2002
Tomkins PLC, the global engineering group, has sold Lasco Composites, part of its Engineered & Construction Products business group, to Kemlite Company, Inc. for $43.5 million.
Kemlite is a wholly owned subsidiary of Crane Co. (NYSE:CR), the US diversified manufacturer of engineered industrial products. Lasco Composites and Kemlite are manufacturers of fiberglass reinforced plastic (""FRP"") products for the transportation, building construction and industrial industries. This disposal, which follows an approach by Crane Co., places Lasco Composites into a more focused business grouping with Kemlite.
NTPT is collaborating with the Ecole polytechnique fédérale de Lausanne - Swiss Centre of Technology (EPFL) and other partners to research discontinuous fibre composite tubes for high performance applications.
Hexcel is promoting its range of composite materials for skis, snowboards and other high performance winter sports equipment at ISPO Munich 2018 on 28-31 January.
The use of composites within the rail industry is predicted to grow by up to 40% between 2015 and 2020 according to the Composites Leadership Forum, reports Fibrelite, a UK manufacturer of composite trench covers.