20 March 2018
20 March 2018
Lipex Engineering has acquired the assets of the Lipex Anlagentechnik und Handel and will continue to serve international glass fibre industry with new management, but core personnel staying in the company.
Lipex Anlagentechnik und Handel was founded in 1975 and is a supplier of machinery, equipment and technology for the production of industrial glass fibres. In the last four years, average turnover was around €9 million. Lipex is a specialised engineering service provider that conceptually plans both single production lines and complete manufacturing facilities or plants.
Lipex Engineering, based in Puchheim, in Germany, will continue to serve customers in the glass fibre industry, with a focus on flexibility and customer orientation. The company is currently working on various projects in the Middle East and Africa.
Continental Structural Plastics (CSP) will install a sheet moulding compound (SMC) production line at its facility in Pouance, France, to support the need for its composite formulations in Europe.
Solvay has celebrated the groundbreaking of its Greenville, Texas, US, manufacturing footprint expansion that increases the site’s resin mixing capacity to meet the growing needs of commercial and military aerospace composite customers.
Premium Aerotec, Faurecia Clean Mobility and Solvay have launched the research group IRG CosiMo: Composites for Sustainable Mobility, which will focus on the development of materials and process technologies to enable the high volume production of thermoplastic composites for the aerospace and automotive markets.