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Composites Industry News


Boeing-Invested Company Starts Construction in Tianjin

18th July 2000 0 comments

A Sino-US company producing composite material parts for the aviation industry started construction work today in this north China port city. Three investors, Boeing, US Hexue, and the China Aviation Industry No.1 Group, shared the total investment of 52 million U.S. dollars. All the company’s raw materials will be imported, and all its products in the initial period will be sold abroad. The company, located in the Tanggu Maritime New and High-tech Zone of Tianjin, will be equipped with the most advanced production and testing equipment, and key engineering and management staff members will undergo training programs in the U.S. The quality test standard is to be introduced from Boeing. With registered capital of 20.01 million U.S. dollars, the first-stage construction site is some 6,000 sq m, and is expected to go into operation in July 2001. The annual sales volume is estimated at around 50 million U.S. dollars. Ken Yata, deputy CEO of Boeing, and Dave Tanonis, CEO of Hexue, attended today’s ceremony.

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Unsaturated Polyester Resin Price Increase

18th July 2000 0 comments

Reichhold announced a price increase today of $ .03 per pound on all unsaturated polyester resin (UPR) products, effective for North American orders shipped on or after August 1, 2000. This increase is in addition to the $ .03 per pound increase announced in May which took effect June 5. “The raw materials situation resin suppliers are experiencing is without precedence,” says Alex Car, vice president of sales for Reichhold’s composites resin business in North America. “This industry saw extreme raw materials pricing pressures in 1994, but what we’ve absorbed in 2000 is without parallel. “Our raw material costs have skyrocketed this year, with virtually no relief,” Car continues. “Crude oil costs have risen to all-time highs (over $ 30 per barrel) as OPEC member nations have been much more disciplined than in the past several years, keeping production rates down, and driving costs up.

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Growth Markets for Structural Composites Identified

11th July 2000 0 comments

Traditionally driven by the challenges of the aerospace industry, composite technology is making significant gains in a host of domestic and industrial applications. These materials offer significant advantages over traditional materials in many structural applications. Recent advances in processing methods and materials science have led to an increase in the number of design wins by composites over alternative materials in a number of important markets. The use of composite structures has become an increasingly important factor in engineering design for new products and components in the automotive, aerospace, construction, rail, and appliance industries. Other important markets include energy, infrastructure, and marine. New composite structures consisting of high performance fibers and a range of polymeric, metallic or ceramic matrices are now making their way through product development cycles, and are becoming a significant force in a number of new applications. To take advantage of the opportunities presented by these new technology and market developments, composite materials suppliers must be fully aware of the market potential for structural composites, as well as the design and product objectives of major manufacturers. Suppliers must also be willing to act on this information by teaming with manufacturers to develop the assembly processes and pilot programs that will be required to bring these new applications to market. These are the major findings of a new report, Structural Composites: Markets and Opportunities, being published on July 24th.

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New Bicycle Trailer For Two Children

11th July 2000 0 comments

Impact-resistant fiberglass-reinforced Ultramid – a BASF polyamide – is being used for the 20-inch wheels for the new Leggero-Twist bicycle trailer, which safely and comfortably seats two children while protecting them against the weather. The yellow Leggero-Twist, which is manufactured by the Swiss company Bruggli Produktion und Dienstleistung, complies with common safety standards and is fitted with height-adjustable three-point safety belts that take the size of the children into account. Thanks to the lightweight materials, the trailer weighs a mere fifteen kilograms (about 30 pounds) so the bike ride is also relaxing for the adult.

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Building Materials Costs in Africa Unaffordable

11th July 2000 0 comments

The Deputy Director General Investment Promotion and Capacity Building of United Nations Industry Development Organization (UNIDO), Dr. Yo Maruno has advised Developing Countries, especially Africa to embark on low cost housing technology in order to save their foreign exchange. “Developing countries spent three billion dollars on importing building materials that could be saved through low cost housing that use local materials,” he suggested. Maruno arrived here last week among others, to promote Indian technology on low cost housing the program, which is supported by UNIDO. The India-UNIDO low cost housing seminar had attracted over 200 participants including Indian ministers, experts and the private sector to liberate on how to help local contractors to provide better and cheaper services especially for low income earners. The government of Tanzania has expressed its desire to learn from India’s experience in the use of innovative composite materials based on local resources from forestry, agriculture, natural fibres, plant materials and industrial wastes. The Minister of State for Urban Development and Poverty Alleviation of India, Bandaru Dattatraya said at least one billion people worldwide lacked adequate shelter the situation, which he said was grim in urban areas. He said estimates indicate that between 30 and 50 percent of people in the urban areas, particularly in developing countries, lived in settlements inadequate housing and sub-standard living conditions

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Budd Appoints Two Vice Presidents

11th July 2000 0 comments

On Thursday the Budd Company announced the appointment of two vice presidents and the retirement of the company’s chief financial officer. Thomas Bardsley was elected Vice President – Finance, Bruce M. Dingwall was elected Vice President – Controller and Denny W. Benson, Vice President and Chief Financial Officer, retired after 28 years of service. Budd, headquartered in Troy, Mich., produces components such as doors, fenders, roofs, hoods, and decklids in sheet metal as well as sheet molding compound (SMC).

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Reinhold Industries Inc Declares 10% Stock Dividend

11th July 2000 0 comments

On Thursday, Reinhold Industries, Inc. of Santa Fe Springs, California, announced a 10% stock dividend for its shareholders. The Board of Directors has approved a 10% dividend, payable in additional shares of the Company, to its shareholders of record as of July 11, 2000. “The Board is extremely pleased to be able to make this announcement to our shareholders,” said Michael T. Furry, president and CEO of Reinhold. “This is our first dividend since becoming a stand-alone public entity in 1996. In addition, we recently applied to NASDAQ for a national listing of our stock. We hope these actions will inform others of the profitable growth of the Company over the last four years and begin to positively impact our share price.” Reinhold Industries, Inc. is a manufacturer of advanced custom composite components, sheet molding compounds, and graphic arts and industrial rollers for a variety of applications in the United States and Europe.

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CATIA Solutions Version 4 Release 2.3 Improves Composites Coverage

11th July 2000 0 comments

IBM and Dassault Systemes announced on Monday the immediate availability of CATIA Solutions Version 4 Release 2.3 (V4R2.3). This new release of the world’s leading CAD/CAM/CAE software provides users with more than 200 productivity-enhancing product improvements. Finite Element Analysis now supports the analysis of composite parts at both the predimensioning and the certification stages.

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Composite Automobile Research Ltd – Columbian Grand Opening

11th July 2000 0 comments

Composite Automobile Research Ltd. is pleased to announce that company executives have recently returned from Bogota Columbia. The purpose for the trip was to attend WorldStar Paez’s official launch of its WorldStar product line. On the evening of Thursday July 6, 2000, over 800 people from the Columbian media and financial community attended the unveiling by WorldStar Paez of two of its prototype versions of the WorldStar vehicle scheduled to begin full-scale production in the very near future. WorldStar Paez company officials are quoted as saying, “We are extremely happy with the reception that we received from both the media and the financial community here in Columbia for this well attended event. It is anticipated that many new business relationships will be started by way of this event and many existing relationships will be strengthened, now that we have demonstrated that the WorldStar vehicle can be successfully built.” It is anticipated that as a direct result of the presentations put forth by WorldStar Paez and the strong positive reaction from the people in attendance, that business in the South American region should begin to show positive growth in the near future. World Transport Authority Inc. is expecting that once budgeting and financial plans are agreed to with local partners, that future production rates and expansion plans for both vehicle and factory production will be able to be publicly announced by the company. Composite Automobile Research Ltd. and orld Transport Authority Inc. serve the emerging world’s transportation needs through in country manufacturing facilities, utilizing local semi-skilled labour to produce the WorldStar line of utility vehicles.

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Royal Navy Minesweeper Launched at Southampton

11th July 2000 0 comments

HMS BLYTH, the penultimate Minehunter in the Royal Navy’s Sandown Class, was launched on Wednesday. HMS BLYTH is the sixth of a batch of seven ships ordered from Vosper Thornycroft in 1994. The class incorporates a significant number of design improvements. The ships in this class are constructed from fibre reinforced plastic and are designed for hunting and destroying mines and for operating in deep and exposed waters. Sandown Class vessels are exceptionally manoeuvrable, control being achieved either manually or automatically by use of the ship’s Position Control System.

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