22 April 2008
22 April 2008
PPG Industries’ fibreglass business is raising prices effective from May 1, or as permissible by contract, for products in the Americas.
“Rising costs for energy, transportation, raw materials and precious metals create an economic hardship for our business and our industry that is affecting our ability to reinvest for the future,” said Greg Benckart, PPG general manager, fibreglass. “PPG has invested significant capital to support the industry, with furnace rebuilds in our wholly-owned assets as well as new capacity in Asia. While we want to continue to invest in technology and capacity, we find ourselves in a position where current economics will not justify these necessary investments.”
PPG’s price increases will affect all reinforcements for thermoset and thermoplastic resins as well as yarn products. Sales representatives will communicate price-increase details to their customers in these markets.
The £50 million McLaren Composites Technology Centre (MCTC) nearing completion near Sheffield, UK, was inaugurated on 16 January.
Scott Bader is exhibiting its Crestabond structural adhesives at the Automotive Lightweight Technologies Expo in Tokyo, Japan, on 17-19 January 2018.
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.