BUSINESS
Reinforced Plastics Volume 60, Number 2 March/April 2016
JEC now member of IACMI JEC Group has become a consortium member of the Institute for Advanced Composites Manufacturing Innovation (IACMI) in the US. JEC Group joins over 100 consortium members including important composite industry leaders in the field. IACMI,
supported by the US Department of Energy’s Advanced Manufacturing Office, aims to deliver a public private partnership to increase domestic production capacity, grow manufacturing, and create jobs across the U.S. composite industry.‘The evolution of JEC Americas has naturally led us to get
closer to IACMI,’ said Fre´de´rique Mutel, president and CEO, JEC Group. ‘In essence, JEC Group and IACMI share the same goal, which is to help the composites industry grow.’ JEC Group; www.jeccomposites.com
Hexcel acquires full ownership of Formax BUSINESS
Hexcel Corporation has announced that it has acquired full ownership of Formax UK Limited. Hexcel acquired a 50% interest in the privately-owned company in December 2014. Located in Leicester, UK, Formax is a manufacturer of composite reinforcements, specializing in the production of lightweight carbon fiber multi-axials and glass fiber and aramid fiber fabrics. The purchase
of the remaining interest in Formax will allow Hexcel to advance dry reinforcements technology for future aerospace applications and provide scale for growing industrial markets. ‘Our joint venture has demonstrated how well Formax technologies and products complement our product line and will help us grow our aerospace and industrial businesses,’ said Hexcel’s chairman, CEO
and president, Nick Stanage. ‘We believe that fully integrating the Formax operations into Hexcel will enable us to accelerate the synergies between our operations and enhance our abilities to provide innovative solutions to our customers. We welcome Formax to our company, and we’re looking forward to a successful future together.’ Hexcel Corporation; www.hexcel.com
Composites Germany sets objectives for 2016 Composites Germany has set out its plans for the organization for 2016. This includes continuing the organisation’s work on standards and standardization and focusing on education and training. It also aims to guarantee a seamless chain
of training and educational programs for the entire sector. Sustainability and recycling will be a further key area for all the member organizations, Composites Germany said.
The organization has also re-elected Dr Michael Effing as chairman and Dr Elmar Witten as spokesperson for the management for a further year. Composites Germany; www.composites-germany.org
epm: technology group wins £4 million automotive contract Automotive composites manufacturer epm: technology has won a series production contract to make cosmetic components for an automotive customer. ‘After a year of all years as we moved and settled into our new 60,000 ft2 technology center, this order is great news for team epm,’
said Graham Mulholland, CEO. ‘We’ve now secured substantial new orders in aerospace, motorsport, defence and new automotive market sectors which will see the epm group grow considerably throughout 2016. ‘We now have clear vision of other components which will also go into production
at various times throughout 2016. Therefore, we’re clearly now on target for our automotive division to grow throughout next year.’ epm: technology group; www.epmtechnology. com
ELG Carbon Fibre Ltd receives AS/EN9100 certification ELG Carbon Fibre, a supplier of recycled carbon fiber products, has achieved AS/ EN9100 quality management system certification from Bureau Veritas for its recovery of carbon fiber from manufacturing waste and end of life products and manufacture of recycled carbon fiber materials and products.
The AS/EN9100 standard is designed to meet the demands of the aviation and aerospace industry. It aims to provide a harmonised global standard for all manufacturers. ‘Achieving this certification is a significant milestone in terms of our ongoing
expansion,’ said Frazer Barnes, managing director of ELG Carbon Fibre. ELG Carbon Fibre delivered more than 600 tons of recycled carbon fiber products to the market during 2015. ELG Carbon Fibre; www.elgcf.com
Dow and DuPont approve merger deal DuPont and The Dow Chemical Company have approved a definitive agreement un80
der which the companies will combine in an all-stock merger of equals.
The combined company will be named DowDuPont with combined market