Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

TenCate and BASF welcome Owens Corning as partner in alliance for thermoplastic automotive composites


Print article Print article
Copyright © Thomson Reuters 2013. All rights reserved.
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 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Koninklijke Ten Cate NV via Thomson Reuters ONE [HUG#1685413]


Press Information:




Contact Person:


Disclaimer: © 2013 Thomson Reuters. The press releases or report contained herein is protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Thomson Reuters's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com | BidVertiser