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Hexcel announces strategic investment in OPM

02 Jun '16
1 min read

Hexcel Corporation, a manufacturer of advanced composites, has made a strategic investment in Oxford Performance Materials (OPM), a producer of thermoplastic, carbon fibre reinforced 3D parts for aerospace and defence applications.

The partnership between Hexcel and OPM will advance the commercial application of advanced composites, carbon fibre and high performance additive manufacturing technology in the aerospace segment.

Nick Stanage, CEO and president, Hexcel, said, “Aerospace adoption of reinforced manufactured parts using Hexcel carbon fibre is becoming a viable and meaningful design solution due to its performance and processing advantages. With the adoption of these lightweight, high-performing materials expected to accelerate, this is an ideal opportunity for our two companies to work together enabling faster product development and adoption for our customers.”

“Hexcel's investment in OPM will help enable us to further expand production capacity to meet rapidly growing market demand for our OXFAB technology. In addition, this investment sets the stage for joint technology collaboration and business development efforts with Hexcel, “said Scott DeFelice, OPM's chairman and CEO. (HO)

Fibre2Fashion News Desk – India

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