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Covestro signs distribution agreement with BUFA
Segment Manager Lisa Ketelsen (centre) and Arne Böttcher (right) of Covestro, Dirk Punke (2nd right), MD of BÜFA Thermoplastic Composites, and his colleagues Florian Jansen (left) and Christian Naber.
Covestro has entered into a distribution agreement with BUFA Thermoplastic Composites, a supplier of raw materials and semi-finished products for thermoplastic components. The agreement grants BÜFA distribution rights for Maezio thermoplastic UD (unidirectional) tapes from Covestro, a world-leading supplier of high-tech polymer materials from Germany.
The first distribution partnership in Europe for the thermoplastic composite business of Covestro is a response to the growing demand for materials that are designed for lightweight construction yet as robust as metal, according to Covestro.
Maezio UD tapes are based on a thermoplastic matrix such as polycarbonate, which is strengthened with strands of continuous, oriented carbon or glass fibres. The UD tapes can be laminated together at different angles to form sheets that can be tuned to specific performance targets.
“We’re super excited to introduce BÜFA as part of our distribution network around the globe. In the future we want to nurture our mutual exchanges on market trends and customer needs in order to find the best possible solutions for our customers,” Lisa Ketelsen, head of the thermoplastic composites business of Covestro said.
“We’re thrilled to add Maezio into our product portfolio. The tapes can be made particularly thin, but have a high stability and are especially light at the same time, which enables the production of complex and three-dimensional components in a wide range of industries,” Dirk Punke, managing director of BÜFA Thermoplastic Composites said.
Based in Oldenburg, Germany, BÜFA Thermoplastic Composites is a spin-off of BÜFA and was founded in 2018. It specialises in the sale of raw materials and semi-finished products for the manufacture of components from long and continuous fibre-reinforced thermoplastics.