NetComposites

Connecting you to the composites industry

Advertisement

Composites Industry News

News for 2002


Pilots Ask for Airbus A300 Grounding

25th January 2002 0 comments

Dozens of American Airlines pilots want the company to ground its fleet of Airbus A300 jets until investigators determine why Flight 587 crashed in New York City last November.

Read more


Owens Corning Reports Fourth Quarter and Full Year 2001 Results

25th January 2002 0 comments

Owens Corning today reported financial results for the fourth quarter ended December 31, 2001, as well as results for the full year 2001. For the fourth quarter 2001, the company had net sales of $1.17 billion, compared to $1.11 billion in the same period in 2000. Owens Corning reported $12 million in income from operations for the quarter, and a net loss of $7 million. For the fourth quarter of the prior year, the company reported a loss from operations of $178 million resulting in a net loss of $114 million for the period. Income from ongoing operations for the fourth quarter of 2001 was $83 million, which excludes $46 million for restructuring and other charges, $27 million of Chapter 11-related charges and $2 million of income from asbestos-related insurance recoveries. Income from ongoing operations for the fourth quarter of the prior year was $48 million, which excludes $202 million for restructuring and other charges and $24 million of Chapter 11-related charges. For the full year 2001, the company had net sales of $4.76 billion, compared to $4.94 billion for the full year 2000. Owens Corning reported $116 million of income from operations and net income of $39 million for 2001. For the prior year, the company reported a loss from operations of $631 million and a net loss of $478 million. Income from ongoing operations for 2001 was $336 million, which excludes $140 million for restructuring and other charges, $87 million of Chapter 11-related charges and $7 million of income from asbestos-related insurance recoveries. Income from ongoing operations for the prior year was $412 million, which excludes $229 million for restructuring and other charges, $24 million of Chapter 11-related charges and $790 million of charges related to asbestos. Owens Corning ended 2001 with a cash balance of $764 million compared to $550 million in 2000.

Read more


GKN buys Boeing facility for F22 fighter programme

25th January 2002 0 comments

GKN PLC has acquired the Thermal Joining Center (TJC) in Kent, Washington State, from Boeing Co’s Military Aircraft and Missiles Group. This increases its presence on the F22 Raptor fighter aircraft programme and raising the value of the programme to GKN to 1.4 bln usd. The facility costs 4.8 mln usd and produces an important titanium assembly for the F22 using electron beam welding, it said. GKN also said its Aerospace Services unit has been awarded a 15 mln usd contract to develop and manufacture resin transfer moulding (RTM) composite components for the RAH-66 Comanche helicopter which is being designed for the US Army by Boeing and United Technologies unit Sikorsky. The US Air Force is currently set to acquire 331 F22 Raptors through 2013. Thirteen Comanche aircraft are scheduled for production beginning in the third quarter of 2002 under the Engineering, Manufacturing and Development phase of the project for which GKN won the 15 mln usd contract. Regular production is expected to call for the manufacture of 1,205 Comanche helicopters over the next 25 years, GKN added.

Read more


Ameron Reports Sixth Consecutive Year of Record Earnings for 2001

25th January 2002 0 comments

Ameron International Corporation reported record earnings for its fiscal year ended November 30, 2001. Sales were $551.4 million in 2001 and $550.7 million in 2000. All operating segments had lower sales in the fourth quarter, with the Performance Coatings & Finishes and the Fiberglass-Composite Pipe Groups most affected by the economic slowdown. Profits remained steady in spite of lower sales as Ameron benefited from lower expenses and lower interest rates. Fiberglass-Composite Pipe’s sales increased in 2001, but profits declined due to uneven plant utilization. Sales of oilfield piping were robust throughout 2001, while sales into worldwide industrial and fuel-handling markets suffered. During the fourth quarter, orders for oilfield piping fell as oil prices reacted to the economic slowdown. The Fiberglass-Composite Pipe Group is expected to improve in 2002 if oil prices do not fall significantly from current levels.

Read more


Kenaf Promoters High on Fiber Crop

25th January 2002 0 comments

A materials company is encouraging southern farmers to grow kenaf, a fast-growing fibrous plant. Integrated Composite Technologies needs up to 11,000 acres of kenaf within two years as part of its plan to make boards and preshaped molding from recycled plastics and cellulose fibers from sawdust, rice hulls or the kenaf plants. “This is the first step in changing a whole materials paradigm that has built up over the past 200 years,” ICT president Ron Rutherford said. Africans grew kenaf as early as 6000 B.C., and within the last century it has been grown in India, Asia, Africa, the Near East and Latin America. U.S. farmers devoted about 12,000 acres to kenaf last year, mostly in Texas, Mississippi and Georgia. Kenaf comes in two varieties: One with leaves that resemble marijuana, the other with heart-shaped leaves similar to the hibiscus plant, a kenaf cousin. Kenaf stalks, which reach heights of 12 to 14 feet, have two types of fiber. The long, stringy outer fiber can be twisted into cords and ropes. The shorter inner fibers can be used to make paper, or blended with plastic to make molded or extruded products. Agricultural officials say some automakers have switched from fiberglass to molded door panels made with kenaf, which is stronger, lighter and less likely to shatter or warp in extreme temperatures. Last October, ICT moved into a former recreational-vehicle plant in Montezuma, an economically depressed town about 100 miles south of Atlanta. The company has a $1.5 million, computer-controlled machine that blends plastic and fibers at high temperatures and squeezes the paste out like Play-Doh. Rutherford said the plant can support 10 machines, and more have been ordered. Baldwin’s work has demonstrated that kenaf can be grown in the Southern Cotton Belt, but farmers have been reluctant because of limited markets. They also would need equipment to separate kenaf’s fibers. Andy Moye, a board member of the Carolina Kenaf Farmers’ Foundation in Snow Hill, N.C., said the crop has attracted the interest of some tobacco farmers whose incomes have been slashed by mandatory production cuts. “We’re feeling our way into it,” said Moye. “It’s a case of trying to identify some places it can go and giving customers what they want. It grows well here and it appears to have a lot of versatility.”

Read more


Resin Infusion Bow in Reichhold Booth at IBEX ’02

1st February 2002 0 comments

Reichhold, Inc. will showcase a three-foot-wide by five-foot-tall bow section from Sonic USA Boats at the IBEX boat building show. The bow section was constructed using Reichhold’s Hydrex 100-HF, a 100% vinyl ester resin developed for vacuum infusion processes. Sonic uses Reichhold’s low-styrene Hydrex 100-HF resins throughout its high-performance line of boats. The Sonic bow in the Reichhold booth will be open so that boat builders can see the results of the resin infusion process using Hydrex 100-HF. See it at booth (#1613) in Ft. Lauderdale, FL, USA, February 6-8. A full-sized SONIC will appear in the BALTEK booth as well. Reichhold has also appointed Gary Krall as president and CEO, with the retirement of Yoshi Kawashima, current chairman and CEO, effective March 1. Krall currently serves as president and COO. Kawashima will serve as adviser to Reichhold’s Board of Directors through June while he will continue his responsibilities as chairman and CEO for DIC Imaging Products and as senior vice president for DIC International. As president and CEO, Krall will report to Reichhold’s Board of Directors in Tokyo, Japan. Krall’s emphasis will be on strengthening Reichhold’s global position in its composites and coating and performance resins businesses to make the company stronger and more competitive.

Read more


Focus on Automotive at JEC 2002

1st February 2002 0 comments

JEC SA has set up two meetings at the JEC Composites Show 2002 (April 9-10-11, 2002) that will focus on the Automotive Industry. One is an Automotive Forum and the other, an Automotive Exhibition. The Automotive Forum will take place on Wednesday, April 10 from 10am to 12pm. It will focus on Automotive Design and Composites. The Forum will start with an overview of composite solutions in the automotive field (key advantages and key applications), before proposing a series of case studies that focus on design. Car manufacturers will express their present and future needs and how these affect the design component. Each will also elaborate on one of the challenges facing them and explain how it has been met, from design to production. During the 3 days of the JEC Composites Show 2002, the Automotive Exhibition will present cars, concept cars and automotive composite parts. Visitors will be able to discover the innovative applications in the automotive field, including the brand new Renault Vel Satis and the full-scale model of an all-composites car. The main objective of the Automotive Design & Composites Forum and the Exhibition is to highlight the major automotive markets for composites applications. It will also be possible to meet end users and processors at both meetings, which have been organized in co-operation with representatives from the automotive industry. With 760 exhibitors and more than 18,800 visitors in 2001, the JEC Composites Show has definitely proved to be the leading international rendezvous for the composite sector. The JEC Composites Show is a place to discover new technology trends and innovations. It is also a business crossroads devoted to end markets.

Read more


Automotive Adhesives Positioned for Strong Growth

1st February 2002 0 comments

The ability of adhesives to bond dissimilar materials such as aluminum, polymer composites, and steels to form large automotive structures will be a key driving force in the growth of automotive adhesives. Propelled by the need to make vehicles lighter and more energy efficient, industry groups comprised of materials suppliers and vehicle OEMs are pursuing aggressive design goals that will have a dramatic effect on the materials content of new cars and trucks. These initiatives, such as the PNGV’s goal of producing a passenger car that can attain 80 mpg, will require extensive use of advanced, lightweight materials while maintaining structural rigidity. Synthetic materials are expanding throughout the vehicle. In addition to structural parts such as body panels, they are now used to produce a wide range of components including interior trim, instrument panels, glove box/airbag covers, exterior trim, electrical and cooling system components, fuel systems, and powertrain and engine components. The more stringent demands of consumers together with growing environmental pressures highlight the need for lighter designs in today’s automobile. At the same time, the growing trend of global vehicle platforms is putting further pressures on raw material suppliers. These market forces and opportunities are highlighted in a report from Technology Assessment Associates: Transportation Markets for High Performance Adhesives

Read more


BASF’s Sealer Is Finalist in 2002 PACE Awards

1st February 2002 0 comments

DynaSeal sealer, commercially launched by BASF in late 2001, is a finalist in the 2002 Premier Automotive Suppliers’ Contributions to Excellence (PACE) Awards for Product Innovations. DynaSeal is a dual-cure (UV and thermal) sealer for coating sheet molded composite (SMC) materials used in automotive applications, enabling BASF to participate in this high growth area. SMC is extensively used in automotive applications because of its favorable weight-to-strength ratio and ability to be molded into complex parts. However, SMC has been difficult to paint with standard automotive coating systems due to “out-gassing” of volatile materials from the substrate during the curing process. This situation, known as “porosity,” usually causes high repair rates at molders and automotive assembly plants. As such, SMC’s viability for use in exterior class A body panels was limited prior to BASF’s commercial launch of DynaSeal sealer. “DynaSeal prevents porosity defects in automotive coating layers by sealing the SMC surface,” explained Ray Nix, Director, Sales and Services, Automotive Components for BASF Corporation’s Coatings Regional Business Unit. “This is achieved by curing the sealer with an ultraviolet (UV) light followed by a thermal cure, which delivers the necessary performance properties for coatings like adhesion and stone chip resistance. Using this new technology allows the SMC surface to be sealed by the UV-induced polymerization before the part experiences any heat. The UV-polymerized film prevents ‘out-gassing’ from the part when the subsequent paint layers are cured.”

Read more


Boeing Signs Technology Development Agreement with JAI for Work On Sonic Cruiser

1st February 2002 0 comments

Boeing Commercial Airplanes officials late last week signed an agreement with Japan Aircraft Industries (JAI) and Japan Aircraft Development Corp. to conduct research and development work on technologies including composites for the Sonic Cruiser and other potential new airplanes. JAI includes Mitsubishi Heavy Industries, Kawasaki Heavy Industries and Fuji Heavy Industries. The Sonic Cruiser is a new airplane concept unveiled by Boeing on March 29, 2001. The airplane has a dramatic new configuration and is designed to fly at speeds of up to Mach 0.98 to shorten travel times. “”JAI brings excellent technological skills and resources to our team,”” said Jeff Luckey, director of Supplier Management for the Sonic Cruiser program. “”We have worked well with JAI for many years and look forward to the advances they will help us make as we change the way the world flies with the Sonic Cruiser. “”This is our first announcement of a partner in the development of technology for the Sonic Cruiser,”” Luckey said. “”I expect us to make similar announcements at a fairly rapid pace in the months ahead. This is the plan we laid out for the program in our announcement last week.””

Read more


[ Page 3 of 46 ]

Advertisement

Upcoming Events

Advertisement

Advertisement

Advertisement

Follow us
Subscribe to our email newsletter

Subscribe to receive our weekly round-up of all the industry's latest news, jobs, events and more!

We'll always keep your personal details secure and will never share them with third parties for marketing purposes. You can unsubscribe at any time. For further details on how we may use your data, please visit our Privacy Policy.