23 June 2002
23 June 2002
Hexcel Corporation has received approximately $11 million from Hercules Inc. in connection with a contract dispute arising out of the acquisition of Hercules' Composites Products Division in 1996.
The payment satisfies the judgment entered after Hercules had exhausted all appeals from a lower court decision in favor of Hexcel in the New York Courts.
Hexcel Corporation is the world's leading advanced structural materials company. It designs, manufactures and markets lightweight, high performance reinforcement products, composite materials and composite structures for use in commercial aerospace, space and defense, electronics, general industrial, and recreation applications.
Solvay has signed a ten-year agreement for the supply of composites and adhesives to be used across Bell's military and commercial rotorcraft programmes, including the Bell 429, 407, 505, 525, V-22, and UH-1.
SGL Carbon and Fraunhofer IGCV have officially opened the Fibre Placement Centre (FPC) at SGL's site in Meitingen, Germany. Compositence, BA Composites and the Chair for Carbon Composites at the Technical University of Munich have also joined the alliance, and Coriolis Group and Cevotec are planning to come on board as partners.
With the aim developing a broader platform for additive manufacturing (AM) technologies, the University of Exeter, UK, and Victrex, have formed a strategic partnership to introduce next-generation polyaryletherketone (PAEK) polymers and composites while improving the performance of the underlying AM processes.