Composites

24th Oct 2024

Hexcel Corporation’s Q3 2024 net sales rose 8.8 per cent to $457 million, driven by 17.5 per cent growth in Commercial Aerospace. Adjusted Diluted EPS increased to $0.47 from $0.38 in Q3 2023. Full-year sales are expected to range between $1.90 billion and $1.98 billion. CEO Tom Gentile highlighted strong demand in aerospace but noted ongoing...

22nd Oct 2024

Composites One has announced a leadership transition, effective December 31, 2025: Leon Garoufalis will become vice chair, while Al Dobbeck, currently COO, will step up as CEO. Dave Smith is appointed as the new chief commercial officer (CCO) to enhance customer care and drive growth. Brendan Gilboy joins as chief financial officer (CFO).

17th Sep 2024

Hexcel Corporation has transitioned its winter sports production to the new HexPly Nature bio-derived product range, including the HexPly M78.1-LT prepregs. This shift underscores Hexcel's commitment to sustainability while maintaining high performance. The company continues to supply leading winter sports brands with advanced composites.

4th Sep 2024

Velocity Composites’ US site in Tallassee has achieved Nadcap accreditation, affirming its adherence to top aerospace industry standards. This milestone, reached within the first year of composites kit production, highlights Velocity's commitment to high-quality processes. The accreditation adds to the company's strong audit history at its UK...

30th Aug 2024

A DEECOM composites recycling solution by Cygnet Texkimp, commissioned by the Henry Royce Institute, will be featured at the International Composites Summit (ICS) in Milton Keynes from September 4-5. This lab-scale unit, set to be installed at the University of Manchester, uses pressurised steam to reclaim fibres and resins from composites.

9th Aug 2024

Toray Industries reported a 10.3 per cent YoY rise in Q1 FY25 revenue to ¥637.7 billion (~$4.4 billion), with core operating income up 67.8 per cent to ¥36.8 billion. Profit surged 92.6 per cent to ¥26.9 billion. The fibres and textiles segment grew 9.4 per cent, performance chemicals rose 12.5 per cent, and carbon fibre materials saw a 13 per cent ...

19th Jul 2024

Toray Composite Materials America has partnered with Elevated Materials to repurpose carbon fibre prepreg waste at its Tacoma, Washington facility. Elevated Materials will transform Toray's scrap prepreg into reusable carbon fibre sheets, plates, and blocks, reducing environmental impact and promoting sustainability in aerospace and other industries.

19th Jul 2024

Hexcel Corporation reported H1 FY24 sales of $972.7 million, a 6.7 per cent increase from FY23. Gross margin was 25.2 per cent, down from 26.2 per cent. Adjusted operating income rose to $126.1 million. Commercial aerospace sales, 64 per cent of total, grew 13 per cent. Space and defence rose 5.4 per cent. Industrial sector sales fell 24.9...

14th Jun 2024

The Ministry of Textiles has approved startups under the GREAT scheme to boost innovation and sustainability in technical textiles. With a maximum funding of ₹5 million (~$59,844) per startup, the initiatives focus on various areas including military composites. Also, ₹64 million was granted to IIT Guwahati to enhance its technical textiles...