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American firm Hexcel Corporation’s sales at $472.3 mn in Q1 FY24
American firm Hexcel Corporation’s sales at $472.3 mn in Q1 FY24

24th Apr 2024

American company Hexcel Corporation reported sales of $472.3 million in Q1 FY24, up from $457.7 million last year, but saw gross margin drop to 25 per cent from 27.9 per cent. The company’s operating income fell to $54.1 million, despite gains in aerospace and defense sectors. Industrial sales dropped significantly by 27.9 per cent in Q1 FY24.

US’ Davlyn Group appoints new director of operations
US’ Davlyn Group appoints new director of operations

18th Apr 2024

Rick Toll joins Davlyn Group as director of operations, Norfab-Amatex, bringing extensive textile industry experience from roles at SSM Industries and various plant management positions. With expertise in safety, military, aerospace, and medical textiles, Toll aims to enhance Norfab-Amatex's operational efficiency and innovation in thermal protection.

Pic: Aluula Composites
Canada’s Aluula Composites & Michelin Inflatable Solutions partner

21st Mar 2024

Aluula Composites collaborates with Michelin Inflatable Solutions on R&D project, aiming to enhance construction with sustainable composite materials. Aluula's patented manufacturing process creates durable, lightweight, and recyclable materials. The partnership seeks to balance innovation, performance, and sustainability in product development.

Pic: SCALE Advanced Biocomposites
Scale Advanced unveils BIO|Power, COR|Power product lines at JEC World

11th Mar 2024

Scale Advanced Biocomposites launched BIO|Power and COR|Power at JEC World, aimed at replacing or enhancing carbon fibre in lightweight composites. BIO|Power blends natural fibres to reduce costs and emissions, while COR|Power reduces vibration in composites. Collaborations with bike manufacturers like REAP Design and 3T Cycling show promising...

Pic: PRNewswire
Arkema to exhibit sustainable materials for composites at JEC in Paris

4th Mar 2024

Arkema will present innovative and sustainable materials for composites at JEC World in Paris, addressing industry challenges like decarbonisation and circular economy. Highlighting polyimide films from PI Advanced Materials for extreme conditions and Bostik's adhesive solutions, Arkema will also showcase UDX brand semi-finished products.

Pic: Avient
US’ Avient to present composite solutions at JEC World 2024

28th Feb 2024

Avient Corporation will showcase its composite solutions, featuring new ballistic-resistant panels, at JEC World in Paris from March 5. Avient's portfolio includes advanced materials for diverse industries, emphasising sustainability through lightweight alternatives, recycled-content composites, and support for circular economy initiatives.

Pic: GlobeNewswire
US’ Quantum to unveil innovations of Innegra at JEC World 2024

21st Feb 2024

Quantum Materials will reveal new developments for Innegra at JEC World, expanding its yarn range from 430 to 3800 deniers and introducing custom colours and coatings. Innegra, known for its lightweight and versatile properties, finds applications in diverse industries including aerospace, sports, and military. Quantum will exhibit at Booth #6P42A.

Pic: Owens Corning
US’ Owens Corning posts net sales of $9.7 bn in FY23

20th Feb 2024

Owens Corning reported $9.7 billion in sales in FY23, a slight decline from last year but improved EBIT margins to 19 per cent and EBITDA to 24 per cent. Diluted EPS at $13.14, adjusted at $14.42. The company’s composites segment saw a 14 per cent sales drop in FY23, with EBIT down to $242 million due to lower demand and inventory adjustments.

Pic: Cobra International
Cobra to present iQFOiL windsurf board at JEC World 2024

14th Feb 2024

Cobra International will showcase the iQFOiL 95 windsurf board, the official 2024 Olympic Windsurfing Class equipment, at JEC World 2024 which will begin from March 5. With strict adherence to dimensions and weight, Cobra supplies boards for Olympic sailors and future qualifiers. CEO Danu Chotikapanich highlights Cobra's commitment to quality...

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