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NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.

On 1st January 2020, NetComposites' media assets including netcomposites.com, newsletters and conferences were transferred to Composites World (Gardner Business Media).

This site is no longer being updated. Please direct all enquiries to netcomposites@gardnerweb.com.

For further details see our joint press release.

Composites Industry News


Philippines Launches Anti-Logging Patrol Fleet

30th May 2000 0 comments

A total of 11 fiberglass patrol boats have been acquired by the Department of Environment and Natural Resources (DENR) to make the rounds across the 10 coastal waters of the country. The fleet will become a major factor in the department’s law enforcement efforts against illegal logging and other unlawful exploitation of the country’s natural resources. The 11 patrol boats are tasked to watch over the country’s coastal waters particularly in Manila Bay, Hundred Islands, Quezon Province, Malampaya in Palawan, Bicol, Cebu, Pamitikan Island, Basilan and Surigao.

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National Emission Standards for Wet Formed Fiberglass Mat Production

30th May 2000 0 comments

The EPA is adding wet-formed fiberglass mat production to the list of categories of major sources of hazardous air pollutants (HAPs) published under section 112(c) of the Clean Air Act (CAA) and to the source category schedule for national emission standards for hazardous air pollutants (NESHAP).

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CertainTeed Corporation Issues Statement on BTI Annual Meeting

24th May 2000 0 comments

CertainTeed Corporation issued the following statement on Brunswick Technologies, Inc.’s failure to get the required shareholder vote for the proposed amendment to the 1997 BTI Equity Incentive Plan at BTI’s Annual Shareholders Meeting: “We are pleased with the support we received from BTI shareholders. Today’s preliminary results are a clear indication that BTI shareholders recognized that the adoption of this amendment could have adversely affected their ability to obtain maximum value for their shares.” CertainTeed noted that the defeat of the proposed Plan amendment will satisfy one of the conditions to the completion of its tender offer of BTI shares. CertainTeed is extending its tender offer for all outstanding shares, including the associated rights to purchase preferred stock of BTI from the prior expiration date of midnight on May 18, 2000, to midnight, New York City time, on June 16, 2000, to coincide with the date of the Special Meeting of Shareholders.

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Starmet Corporation Announces Second Quarter Fiscal 2000 Results

24th May 2000 0 comments

Starmet Corporation, a Massachusetts based manufacturer of specialized metal products, today announced financial results for the second quarter which ended April 2, 2000. The Company continues its financial turnaround with another consecutive quarter of profitability. In this quarter, Starmet generated net income of $31,000 on revenue in excess of $5.6 million. Net income improved by $2.1 million over the same quarter in fiscal 1999, on $246,000 less in sales. This reflects the Company’s success in reengineering its cost structure to meet current revenues and enables it to meet research and development goals. Metal Matrix Composite Materials (“MMC”) appear to have the greatest potential for dynamic growth. Prototype orders, led by the requirements of a prominent manufacturer of semiconductor assembly equipment, have become production orders, enabling Starmet to double production of precision investment castings in the second quarter. Four new production prototype parts for the next generation of semiconductor assembly equipment are scheduled for production in the first quarter of 2001. Starmet continues to aggressively pursue other revenue enhancement opportunities in data storage, medical, space, defense and military applications where Beralcast(R) provides a technological and cost advantage. The Company continues to pursue potential expansion of its titanium powder business; development of its Beralcast(R) investment casting and MGA extrudable MMC technologies.

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Conoco Markets New Carbon Fiber

24th May 2000 0 comments

Conoco will use its strength in petroleum technology and manufacturing to redraw the image of the traditional oil company customer by marketing the company’s new carbon fiber offering to people who build cars, construct roads and bridges, assemble batteries for use in cell phones and computers and engineer the latest technology into brakes on automobiles and airplanes. The first step in this new business entry is the construction of a manufacturing facility in Ponca City, Okla., to come on-line year-end 2001. Conoco’s new business will produce a pitch-based carbon fiber and when the plant is expanded to full capacity, it will be capable of producing eight million pounds of carbon fiber per year. “This innovative venture will bring a completely new high-tech Conoco product into markets outside the traditional energy sector,” said Archie Dunham, Conoco’s chairman and CEO. “In the near future, Conoco’s capability to produce petroleum-based carbon fibers will allow engineers and designers to create stronger and lighter products that last longer. Ultimately, this new business holds tremendous potential to redefine how business is done in the carbon fibers industry.” Tom Moccia, a 25-year veteran from the plastics industry who has worked at GE Plastics and MA Hanna, will lead Conoco’s fiber-reinforced plastics strategy and large-scale applications in automotive and other industries. Raj Mathur, previously with HITCO Carbon Composites, will develop Conoco’s carbon-carbon business. The new facility under construction is near Conoco’s carbon fibers pilot plant where the company has tested fiber since 1997.

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ATK Reports Record Earnings

24th May 2000 0 comments

ATK, a leading aerospace and defense company and the nation’s largest supplier of military ammunition, said sharply improved operating margins and an aggressive share buyback program helped boost fiscal year 2000 earnings per share from continuing operations by more than 15 percent to a record $6.36 from $5.52 last year. Paul David Miller (PDM), chairman and chief executive officer, summarized fiscal year 2000 as outstanding from a financial, operational, and strategic perspective. Sales from the Aerospace segment rose 10 percent to $436 million from $395 million last year, reflecting higher sales of rocket motors for Delta launch vehicles and composite structures. ATK is a $1.1 billion aerospace and defense company with leading market positions in munitions, precision defense capabilities, solid propulsion, and composite structures.

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Dura Products International Inc – Featured on BTV-Business Television

24th May 2000 0 comments

Dura Products is pleased to announce that it will be profiled on BTV, a half-hour business-magazine style show, highlighting its composite decking products that are currently being introduced into the rapidly growing market. The program will air on Sunday May 21,2000 at 7:30 pm (EST & PST) and again on Sunday May 28, 2000 at 11:00 am (EST & PST) on Global’s PRIME TV as well as appearing on Stockhouse.com, Yahoo’s Broadcast.com, and b-tv.com. Dura Products International Inc. is an eco-efficient producer of a proprietary composite material made from a combination of recycled post consumer/post industrial plastics and cellulose fibre. The composite material is used by the company to produce a number of products, including shipping pallets, decking, industrial floor blocks, and lumber.

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Composite Automobile Research Ltd – Appoints Chief Technical Officer

24th May 2000 0 comments

Composite Automobile Research Ltd. announced the appointment of K. Kent Woolley to the position of chief technical officer, effective May 15, 2000. Woolley brings more than 42 years of automotive, automotive competition and commercial passenger related experience to WTA. Included in his experience are 35 years dedicated to the design of vehicles and vehicle systems design as well as prototype construction and testing. During the course of his career, Woolley has worked on a variety of product development and high performance component programs for companies including General Motors, Ford, Chrysler, Honda, Nissan, Cosworth and others. Composite Automobile Research LTD and World 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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Avcorp Industries Inc.: Second Quarter Fiscal 2000 Results

24th May 2000 0 comments

Avcorp Industries Inc reported a $79,000 second quarter loss compared to a loss of $9,610,000 in the same period last year and a loss of $99,000 in the previous quarter. Revenues increased 11% to $22,994,000 compared to $20,702,000 last year. The quarter benefited from one-time recoveries on both Boeing and Bombardier programs, which represented about 9% of the quarter’s sales and improved the gross margins in the quarter. Avcorp Industries Inc. is a Canadian aerospace industry manufacturer. The Company is a single-source supplier for design, machining, fabrication and assembly of metal, composite and plastic components for global aerospace markets.

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Malaysia’s Act Eyes Composite Pipe Manufacturing With Italian Co

24th May 2000 0 comments

Amalgamated Composite Technologies Sdn Bhd (ACT), a manufacturer of branded composite sports equipment and furniture, wants to team up with an Italian company to manufacture composite pipes by early next year. Chairman Raja Abdul Aziz Raja Salim said that the proposed joint venture project is in line with the company’s plan to increase its participation in the high technology industry

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