JEC COMPOSITES MAGAZINE - Issue #71 - March 2012 - 10

Companies & Business

in brief
Owens Corning sells Twintex intellectual property and business portfolio Owens Corning announced it has reached an agreement with Fiber Glass Industries (FGI) to sell its global Twintex reinforcements rovings intellectual property rights and business portfolio. FGI currently licenses the Twintex intellectual property from Owens Corning to produce its GLASS POLYPRO roving and fabrics in the U.S. With this purchase, FGI will acquire the existing portfolio of customers, the rights to the Twintex intellectual property globally, application knowledge and the rights to the Twintex trademark.
www.owenscorning.com

Development

New Max 5 carbon fabric production line by METYX composites As part of an ongoing commitment to carbon fiber processing, METYX Composites invested in a new MAX 5 carbon reinforcement production line.

- In brief ........................ p10 - Banpo, serious advantages for the future ............... p12 - Paul G.Allen wants to revolutionize space travel ........................... p14

Contracts

Advanced Composites Group Limited rebrand to Umeco Structural Materials (Derby) Ltd. According to Umeco, the decision to change the name of the business has not been taken lightly. They say that they firmly believe that operating under the Umeco brand will greatly assist in increasing awareness of the company’s key role in a global organisation – delivering innovation and real advantage to their customers. Monday 2nd April 2012, the legal trading name of Advanced Composites Group Limited will be changed to Umeco Structural Materials (Derby) Limited.
www.umeco.com

This is the most recent in a series of investments planned for 2012 at the company’s headquarters in Istanbul and at its new Manisa, Turkey facility. The company plans to offer a new generation of composites products and services to complement its existing portfolio.
www.metyx.com

2012 年 11 年 07-09 年

JUNE 26. 27. 28 . 20l2

JEC - 25 bd de l’Amiral Bruix -75116 Paris - France www.jeccomposites.com

Braj Binani Group acquires 3B The Fibreglass Company The holding company of USD 1.6 billion Braj Binani Group announced the acquisition of a 100 per cent equity interest in 3B from Platinum Equity. This acquisition is part of Braj Binani Group’s strategy to expand its footprint in the global fibreglass market. It further augments the Group’s technological and marketing capabilities in the fibreglass business. The acquisition allows Binani Industries to consolidate its position in the global fibreglass market by increasing its product and customer base. With regards to technology, Binani Industries will benefit from 3B’s continuous product innovation and product development undertaken at its in-house R&D unit at Battice.
www.binaniindustries.com

NIACE Research Centre Opens Secretary of State Vince Cable and DETI Minister Arlene Foster have officially opened a £6m composites research centre for Northern Ireland which links the University of Ulster, Bombardier Aerospace and QUB. The University of Ulster and QUB co-own and operate the 3,700 sq metre Northern Ireland Advanced Composites & Engineering Centre (NIACE). Funding to build the £6 million centre was announced in February last year and included financing from the Department for Business, Innovation and Skills (BIS) through the Strategic Investment Fund, Invest Northern Ireland and Bombardier Aerospace. Dr Scott King, NIACE Centre Manager, said: “This facility will provide the opportunity for different companies involved in advanced composites, materials and engineering within Northern Ireland to co-locate research activities and to engage in research that will bring about benefits to the sectors.”
www.ulster.ac.uk www.bombardier.com - www.qub.ac.uk

Stickers Asia 2012.indd 1

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Mergers & Acquisitions

http://www.owenscorning.com http://www.metyx.com http://www.umeco.com http://www.jeccomposites.com http://www.ulster.ac.uk http://www.binaniindustries.com http://www.bombardier.com http://www.qub.ac.uk

JEC COMPOSITES MAGAZINE - Issue #71 - March 2012

Table of Contents for the Digital Edition of JEC COMPOSITES MAGAZINE - Issue #71 - March 2012