NetComposites

Connecting you to the composites industry

Advertisement

TenCate Acquires Phoenixx TPC

  • Monday, 6th August 2007
  • 0 comments
  • Reading time: about 2 minutes

TenCate’s Aerospace and Armour Composites group is in the final stages of acquiring the composite company Phoenixx TPC Inc.

TenCate is active in aerospace and armour composites, is a supplier of materials to Airbus, Boeing, Embraer, Cirrus and others and has strength in the field of thermoplastic composites such as Cetex. Phoenixx TPC has expertise in unidirectional (UD) thermoplastic composites and has developed applications in sectors such as aerospace, and oil and gas exploration. The company was founded in 1998 and acquired Phillips Petroleum thermoplastic composite processing technology in 2001.

UD technology is complementary to TenCate’s current Cetex technology base and Tencate say that it will speed up the growth of the applications for their materials in future composites-driven aerospace programs. Phoenixx has an experienced management team and all key personnel from Phoenixx will remain with the company.

Loek de Vries, CEO of TenCate, stated: “This acquisition fits well into our present product / market/ technology position of the composites activities of TenCate. Phoenixx unidirectional (UD) technology will strengthen worldwide the TenCate Cetex thermoplastic composites product line. For our aerospace business especially it represents an important factor for enhancing TenCate’s growth in this industry.”

David Park, (CEO of Phoenixx commented: “The acquisition by TenCate provides increased growth potential for our technology base. Besides aerospace this technology can create other interesting market opportunities through the global presence of TenCate. We believe our customers will benefit significantly from the added assurance and expertise that TenCate represents.”


For more information visit:


Share this article


Categories


More News


Comments (0)

Sign in or create an account to join in the discussion.

Leave your comment

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.