2013-03-14 18:11:47 -
TenCate and BASF have welcomed Owens Corning as partner in their strategic
alliance for thermoplastic automotive composites. Owens Corning is a leading
global producer of glass fiber reinforcements for composite systems. The goal of
the alliance is to develop optimal solutions in thermoplastic composites for
automotive mass production.
In this strategic alliance Owens Corning brings the technology to develop
superior and tailor made fabrics and glass reinforcement solutions, where BASF
contributes comprehensive knowledge in the production and formulation of
thermoplastic resins, and TenCate Advanced Composites brings its expertise in
composites manufacturing.
Global emission standards for vehicles continue to increase the need for lighter
vehicles that maintain strength and durability. Compared to metal parts, fiber
reinforced plastic composites can be 30 to 50% lighter. Thermoplastic composites
help increase fuel efficiency in automobiles and reduce
costs for consumers.
Thermoplastic processing also dramatically reduces production cycle times.
Additionally, these products have no limitations in shelf life and can be
recycled.
Royal Ten Cate
Almelo, the Netherlands, Thursday, 14 March 2013
________________________________________________________________
Note for the editor:
TenCate corporate
F.R. Spaan, corporate director, business development & investor relations
Telephone : + 31 546 544 977
Mobile : + 31 612 96 17 24
E-mail :
businessdevelopment@tencate.com
Internet : www.tencate.com
Owens Corning is a leading global producer of residential and commercial
building materials, glass-fiber reinforcements and engineered materials for
composite systems. A Fortune® 500 Company for 58 consecutive years, Owens
Corning is committed to driving sustainability by delivering solutions,
transforming markets and enhancing lives. Celebrating its 75th anniversary in
2013, Owens Corning is a market-leading innovator of glass-fiber technology with
sales of $5.2 billion in 2012 and approximately 15,000 employees in 27 countries
on five continents. Additional information on Owens Corning is available at
www.owenscorning.com.
BASF is the world's leading chemical company: The Chemical Company. Its
portfolio ranges from chemicals, plastics, performance products and crop
protection products to oil and gas. We combine economic success with
environmental protection and social responsibility. Through science and
innovation, we enable our customers in nearly every industry to meet the current
and future needs of society. Our products and solutions contribute to conserving
resources, ensuring nutrition and improving quality of life. We have summed up
this contribution in our corporate purpose: We create chemistry for a
sustainable future. BASF posted sales of €78.7 billion in 2012 and had more than
113,000 employees as of the end of the year. BASF shares are traded on the stock
exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information
on BASF is available on the Internet at www.basf.com
TenCate Advanced Composites is a leader in the development and production of
thermoplastic and thermoset prepreg composites for various industries. Its
product portfolio is incorporated into automotive products, medical equipment
and numerous other applications. TenCate Advanced Composites has production
facilities and operations in North America, Europe and Asia. More information at
www.tencateadvancedcomposites.com.
Royal Ten Cate (TenCate) is a multinational company that combines textile
technology with related chemical processes and material technology in the
development and production of functional materials with distinctive
characteristics. TenCate products are sold worldwide.
Systems and materials from TenCate come under four areas of application: safety
& protection, space & aerospace, infrastructure & the environment, and sport
&
recreation. TenCate occupies leading positions in protective fabrics, composites
for space and aerospace, anti-ballistics, geosynthetics and synthetic turf.
TenCate is listed on the NYSE Euronext (AMX).
Press release as PDF:
hugin.info/130798/R/1685413/552141.pdf
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Source: Koninklijke Ten Cate NV via Thomson Reuters ONE
[HUG#1685413]