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Composites Industry News

News for 2002


US Astronautics to Build Solid Rocket Motors (North Alabama)

16th December 2002 0 comments

US Astronautics (USA) has signed a letter of intent wit the Shoals Economic Development Authority for the construction of a Solid Rocket Motor (SRM) facility and Composite Center in North Alabama – one of the world’s leading centers for advanced aerospace industry. Local, State and Federal delegations of the region have pledged their support and commitment to the completion of the 1,400-acre USA facility, which has also garnered the support of local landowners and neighboring manufacturing companies. Interested in the economic development of Cherokee Alabama, local and state communities have gained overwhelming support from targeted corporations to assist in bringing USA and its employment opportunities to the area. USA foresees the creation of more than 600 + jobs, and with the help of the Alabama Industrial Development Training Program, will make these jobs available to the people of northern Alabama. “”The very nature of our business dictates the type of high-level, technological positions we will be looking to fill, said USA Executive Bud Stacy. There are some extraordinary opportunities for higher wages, which we believe will further strengthen the state’s already strong aerospace employment sector.”” The immediate demand for efficient, lower cost launch services has placed USA on a fast track schedule. USA’s primary customer, E’ Prime Aerospace requested the company meet a March 2003 deadline to begin construction on the plant. With an estimated $300 million startup budget, and the availability of rail, sewer, gas and power on the Cherokee site, this date could possibly be moved up.

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Owens Corning's falling stock faces delisting as Exchange's deadline looms

16th December 2002 0 comments

Fiberglass and composite-materials manufacturer Owens Corning is facing a potential New York Stock Exchange delisting because of the failure of the company’s stock to maintain its required market capitalization, shareholders equity and average closing price. Owens Corning says it will be unable to come up with a plan to address its listing problems before the deadline set by the NYSE because of the uncertainties related to its Chapter 11 proceedings.

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Noveon forms relationship with Hanse Chemie involving Reactive Liquid Polymer products

16th December 2002 0 comments

From January 1st 2003, Hanse Chemie GmbH has been named exclusive distributor for the Hycar reactive liquid polymers manufactured by Noveon Inc., Cleveland, Ohio..

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DSM Composite Resins expands its business in China

16th December 2002 0 comments

DSM Composite Resins (Switzerland) and Sinopec Jinling Petrochemical Corporation (The People’s Republic of China) have reached an agreement whereby DSM acquires another 25% of the shares in the Jinling-DSM Resins Ltd. (JDR) joint venture.

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EPA Sued to Ban Toxics in Common Wood

16th December 2002 0 comments

Environmental groups and a union asked a federal court Tuesday to ban the use of several toxic materials in treated, pressurized wood products, saying the Environmental Protection Agency isn’t moving quickly enough. Wood preservatives containing arsenic and dioxin have been increasingly targeted as unsafe by advocacy groups. Those preservatives have been commonly used in utility poles, wood decks and playgrounds. Beyond Pesticides and the Communication Workers of America sued in U.S. District Court for the District of Columbia, saying the EPA has enough evidence about health and environmental dangers to ban the use of chromated copper arsenate, pentachlorophenol and creosote. Jay Feldman, Beyond Pesticides’s director, said the preservatives were left on the market for the past couple decades only because alternatives weren’t available, but that is no longer the case with the advent of composite and recycled materials. Lumber companies in February agreed with EPA to phase out by December 2003 wood deck and playset uses of the arsenic-based preservative, a powerful pesticide, in pressure-treated wood. Feldman said the phase-out doesn’t cover the majority of uses — construction uses involving utility poles, marine piling, fences and supporting structures. EPA began reviewing the risks from the three wood preservatives in 1978 and six years later issued worker protection guidelines. Last year, EPA began requiring consumer warning labels on treated lumber containing arsenic and advocacy groups petitioned the Consumer Product Safety Commission to ban that product. Arsenic, both manufactured and naturally occurring, is known to cause cancer, but the preservative industry has said the arsenic-based preservative has never been linked to skin disease or cancer in children and its wood is safe when used properly. EPA spokeswoman Steffanie Bell said the agency worked hard to reach the February agreement with industry and continues to work on a risk assessment. A wood industry trade group didn’t immediately return a call for comment.

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Venturi Fetish to be displayed at the North American International Auto Show

16th December 2002 0 comments

The Venturi Fetish will be one of four full-size vehicles presented by Michelin at the 2003 North American International Auto Show (NAIAS) as part of the Michelin Challenge Design. The Michelin Challenge Design was established in 2002 as a way to bring forward and display significant design work, much of which would not normally have the opportunity to be displayed at a major international auto show. At the 2002 NAIAS, works based upon the theme of Italian design were displayed during press and public days. The theme for the 2003 NAIAS brings together works representative of the past, present and future of French design. “”Venturi is a true French marque that is known and respected throughout the world of sports cars and racing,”” said John Grimaldi, president, Passenger and Light Truck Tires OE Worldwide for Michelin. “”Bringing together Venturi and our other automakers along with individual designers across the globe through Challenge Design is Michelin’s way of sharing our passion for design with the world.”” One of the few remaining independent brands in the world, Venturi has set its sights on the future of the French sports car with the Fetish. Originally debuted at the Geneva Motor Show in Switzerland last year, the Fetish is 100 percent new and original in its concept as a “”Grand Tourismo Light”” or “”GT Light”” sports car with a deliberate emphasis on design. Built from the ground up with an aluminum chassis, the Fetish is intended as a serious performance vehicle but serves well as a comfortable touring car with its easy access, trunk, designed-in comfort and Michelin Pilot Sport tires (P205/45R17 front and P225/40R18 rear). In making the Fetish, Venturi made use of composite materials and aluminum, a modern engine and Brembo brakes. The interior aluminum is complemented by neoprene, asymmetrical, ergonomic seats. A pocket computer offers both GPS and an MP3 player. “”The Fetish is a rare item, designed to stand the test of time, unlike the mass produced vehicles which are constantly being superseded by newer models,”” said Gildo Pallanca Pastor, president of Venturi Automobiles. “”Fetish is destined to become a collector’s item, but for the time being it is the symbol of an era aspiring to perfection and the perfect item to display as part of Michelin Challenge Design.”” Pastor added that from the design stage right through assembly, original and innovative methods were employed to create a vehicle that would be reliable and safe, but would also belong to the very essence of motor vehicle tradition: rarity, character and passion.

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BAE Systems awards contract to Malaysia’s CTRM for A380 wing manufacture

16th December 2002 0 comments

Composites Technology Research Malaysia Sdn Bhd (CTRM) said it has secured a 139 mln rgt contract from BAE Systems PLC’s Aerostructures unit to manufacture wing components for the Airbus super-jumbo A380 aircraft. Abdul Malek Packeer, chief executive officer of the Malaysian company said that the contract was for the production of two packages of the Airbus A380 wing components over a eight year period. The contract covers delivery of wing components made of carbon and glass fibres composites, he said. Airbus has secured 100 orders for the A380 model so far, with Singapore Airlines Ltd and Dubai’s Emirates to be the first carriers to use the aircraft. Malaysia’s Defence Minister Najib Razak, who witnessed the signing ceremony said that the contract strengthened CTRM’s position as a key aerospace composites component supplier in the Asia-Pacific region.

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Owens Corning’s falling stock faces delisting as Exchange’s deadline looms

16th December 2002 0 comments

Fiberglass and composite-materials manufacturer Owens Corning is facing a potential New York Stock Exchange delisting because of the failure of the company’s stock to maintain its required market capitalization, shareholders equity and average closing price. Owens Corning says it will be unable to come up with a plan to address its listing problems before the deadline set by the NYSE because of the uncertainties related to its Chapter 11 proceedings.

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