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Solvay and Strata into a joint venture agreement

16 Nov '17

3 min read

Courtesy: Solvay

Solvay, an international materials and chemicals company, and Strata, an advanced composite aerostructures manufacturing facility, have entered into a Joint Venture agreement to supply Boeing with advanced composite materials from a high-tech facility to be built in Al Ain. Following the signing of the agreement, the two will seek anti-trust approvals.

The equal ownership joint venture will be the UAE's first supplier of pre-impregnated carbon fibres, also referred to as "prepreg". This durable advanced material is used to manufacture composite structures for aviation applications, including Boeing's latest generation aircraft, the 777X.

The partnership marks Solvay's entry into advanced materials manufacturing in the UAE, and Mubadala's entry into advanced materials manufacturing for the aerospace industry through its wholly owned business, Strata Manufacturing.

"Over the last ten years, Mubadala has helped to create an advanced and sustainable aerospace industry in line with Abu Dhabi's economic diversification vision," said Khaled Abdulla Al Qubaisi, chief executive officer, Aerospace, Renewables and ICT, Mubadala. "This agreement with Solvay fits perfectly with our growth strategy, focusing as it does on high-tech manufacturing capabilities, and demonstrates our commitment to providing competitive offerings to the world's leading OEMs."

"This joint venture showcases Solvay's capabilities in advanced aerospace composite technologies, including for aircraft primary structures as a growth pillar for our materials business," said Jean-Pierre Clamadieu, CEO of Solvay.

The new approximately 8,500 square metre facility will supply Boeing with carbon fibre prepreg for primary structure applications in its new 777X programme. Solvay's prepreg technology consists of fibre reinforcements pre-impregnated with a resin matrix to manufacture composite parts, providing exceptional performance at lower weight compared to metal structures.

Badr Al-Olama, chairman of Strata Manufacturing and director of Aerospace, said: "This is another 'made in the UAE' success story for Strata and its shareholder, Mubadala. We are incredibly proud to be an integral part of the global aerospace supply chain, and to expand on our partnership with Boeing through this exciting entry into advanced materials manufacturing."

"Solvay will bring its technical expertise in advanced composite materials into this partnership and build on its longstanding business relationship with Boeing to turn this partnership into a success," said Carmelo Lo Faro, president of Solvay's Composite Materials Global Business Unit (GBU).

The composite content of next-generation aircraft continues to grow as manufacturers of large commercial aircraft aim to reduce weight, improve fuel efficiency and reduce carbon dioxide emissions. (SV)

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