09 October 2006
09 October 2006
Fiberex Glass Corporation has entered into a Joint Venture Agreement with Taishan Fiberglass of China.
The JV, known as Taishan Fiberex Fiberglass Corporation (TFFC) will augment Fiberex’s existing manufacturing capacity of E-CR glass fibres, the additional E-CR glass fibre production being necessary to meet the growing demand for Fiberex products. The entire production of the JV will be marketed by Fiberex Marketing International (FMI), a subsidiary of Fiberex Glass Corporation.
In the words of Fred Atiq, Fiberex Chairman & CEO, “The JV with Taishan Fiberglass recognizes the key role being played by China as a strategic manufacturing base. It should not be surprising that Fiberex chose Taishan to be the pivot supporting our ambitious growth plans in the global E-CR glass fibre markets. I am confident that the professional approach of our JV partner will enhance our position in our targeted markets for years to come.”
E-CR glass has established niche market applications globally in infrastructure and chemical sectors due to its corrosion and thermal resistance, with applications including underground piping and tanks, electrical insulator rods, silencer in-fills (for automotive applications) and other corrosive applications.
The University of Southern Queensland (USQ) has partnered with Composites Australia to provide Australian civil and composite engineers with access to the latest knowledge on an innovative reinforcing solution to the costly corrosion of concrete infrastructure.
Composite products, based on polyurethane technologies from global chemical company Huntsman, are taking centre stage at a design exhibition at the Design Museum Gent, Belgium.
The Brazilian composite sector expects to close 2018 with a turnover of US$ 685 million, a high of 3.8% compared to the previous year.