News Coverage
A Dialogue With Hengshen - The Carbon Fiber Unicorn Company In Jiangsu
‘Unicorn’, as a terminology used in capital investment industry, refers to an unlisted company valued at over 1 billion U.S dollars with private equity investment. In late March 2017, China’s Torch High Technology Industry Development Center of Ministry of Science and Technology released a 2016 China Unicorn Enterprise Development R...
[2018-04-13]Source:Organizing Committee of China Composites Expo
Magna to develop electric vehicle architecture for BAIC group
BAIC Group (Beijing Automotive Industry Holding), and Magna announce that they will jointly develop a next generation smart electric vehicle architecture for the Chinese market.
Haiyuan New Materials to deepen cooperation with Geely in the field of automobile lightweighting
Haiyuan Machinery’s wholly-owned subsidiary Haiyuan New Materials and Yiwu (a Chinese city situated in the Zhejiang province) management committee signed a letter of intent to invest about CNY 1.2 billion (US$ 240 million) in the construction project of a new "Haiyuan New Materials - Yiwu production base". The aim is to...
SSAMC inaugurates MRO facility, adds LEAP capability
Sichuan Services Aero Engine Maintenance Company (SSAMC), the joint venture between Air China and CFM International (CFM), has inaugurated a new 43,880 -square meter facility, expanding its maintenance, repair, and overhaul capability for CFM56 and LEAP engines to 300 engines per year. Sichuan Services Aero Engine Maintenance Compa...
Magna and GACC Partner to Produce Composite Liftgates
On April 2 Magna (Shanghai, China) announced it has entered into a joint venture (JV) with GAC subsidiary, GAC Component Co., Ltd. (GACC, Guangzhou, China), to begin production of composite liftgates for a global automaker’s crossover vehicle starting in late 2018. The JV will work out of a new 55,900 ft2 facility located in Changsha, Ch...
Owens Corning and Taiwan Glass Announce Technology License and Manufacturing Supply Agreements
Owens Corning (NYSE: OC), a leading global producer of glass fiber reinforcements for composite systems, has entered into technology licensing and manufacturing supply agreements with Taiwan Glass Ind. Corp., based in Taipei, Taiwan.
[2018-04-03]Source:Owens Corning
Toray announces new out-of-autoclave CFRP technology
Toray Industries, Inc. (Chuo-ku, Tokyo) announced March 28 that it succeeded in developing a new fabrication technology for carbon fiber reinforced plastics (CFRP) that enables both improved dimensional accuracy and energy savings. Toray is working to mature this new technology and broadly deploy it for aircraft applications as well as th...
Chinese government’s strong commitment drives electric bus surge
China’s electric bus growth dwarfs electric bus growth everywhere else in the world. In 2016 alone, approximately 80,000 electric buses were added to fleets. Transitioning to electric buses will help China meet its commitment to reduce its emissions intensity by 60-65% from 2005 levels by 2030 and help address growing concern...
BBG Ventures Into New Markets with Innovative Composite Press
Machinery manufacturer BBG GmbH & Co. KG (Mindelheim, Germany) announced March 21 it is venturing into new markets with an innovative composite press. In March, BBG delivered the first model of the series to a company from the railway industry.
[2018-03-27]Source:Composites World
Hexcel and Arkema Join Forces in Thermoplastic Composite Solutions for Aerospace
Hexcel and Arkema have signed a strategic alliance to develop thermoplastic composite solutions for the aerospace sector combining the expertise of Hexcel in carbon fiber and that of Arkema in PEKK.
TPI and Vestas Sign Wind Blade Supply Agreement to Open New Facility in China
SCOTTSDALE, Ariz., March 19, 2018 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq:TPIC), the largest U.S.-based independent manufacturer of composite wind blades, announced today that it has signed a multiyear supply agreement with Vestas Wind Systems A/S to provide blades from four manufacturing lines (with option to add more lin...
Continuous fiber thermoplastics are smart for world’s largest appliance manufacturer Haier
On March 8th, the China Household Electrical Appliances and Consumer Electronics Fair (AWE) opened in Shanghai to an expected 250,000 visitors. As the world’s No. 1 appliance company, Haier’s display of boundary-pushing smart air conditioners was a huge attraction. As was the world’s first air conditioner using continuou...
A new Shanghai-based car company, LVCHI (‘green speed’ in Chinese) has come out with ambitious plans to launch a full-electric offering, teaming up with an established Italian design firm to work on its products.   The LVCHI Venere is a high-performance, all-electric four-seater conceived according to the criteria u...
[2018-03-15]Source:Lvchi Auto
China develops new driverless, carbon fiber monorail train
CRRC Changchun Railway Vehicles, a subsidiary of State-owned trainmaker CRRC, has announced that it has developed a new driverless carbon-fiber monorail train. The company said the new generation of its driverless monorail train can endure extreme weather, with temperatures as low as minus 40 degrees Celsius. Partly made of carbon-...
COMAC Reveals Major Milestone in Development of CR929 Aircraft
Last week, the American division of Commercial Aircraft Corporation of China (COMAC) revealed that manufacturing tests of full-scale 15 x 6-meter composite fuselage panels for the CR929 aircraft have been completed, with follow-up tests showing good results. The CR929 is the first long-haul jet developed by a joint venture between COMAC a...
[2018-02-06]Source:Composites Manufacturing
Kangde and Tengdun Technology have signed a carbon fiber drone project agreement
Kangde Composites Co. Ltd. and Sichuan Tengdun Technology Co. Ltd. have signed a project launch agreement and formally opened the project trial of a drone. By mutual agreement, the first sample will be delivered at the end of March 2018.
Versarien to establish graphene manufacturing centre in Shandong, China
Versarien, the British advanced materials engineering group, has announced that it has signed a Letter of Intent (LOI) to establish a graphene manufacturing centre in China.
CPIC develops family of unique fiberglass products
Chongqing Polycomp International Corp. (CPIC), the world's third-largest fiberglass manufacturer by installed volume, has developed a family of unique fiberglass products with a flat rather than round cross-section that facilitates higher fiber loading levels and better mechanical properties (including higher impact strength) in injection...
China develops subway car made of carbon fiber
CRRC Changchun Railway Vehicles, a subsidiary of State-owned trainmaker CRRC, announced that it has developed subway train made of carbon fiber.
Airbus and its Chinese partners strengthen cooperation
In the presence of visiting French President Emmanuel Macron and Chinese President Xi Jinping, Airbus has signed a Memorandum of Understanding with the National Development and Reform Commission of China (NDRC) on the further development of industrial cooperation in Tianjin.
ChemChina to list KraussMaffei on the Shanghai Stock Exchange
The Chinese company China National Chemical Corporation (ChemChina) is seeking to list its subsidiary KraussMaffei, a world leading supplier of machinery and systems for producing and processing plastics and rubber, on a stock exchange in China.
Wanfeng Aviation Industry acquires Diamond Aircraft Group
China-based Wanfeng had been an investor of Austria-based Diamond’s general aviation aircraft facility in Canada, but now takes over the entire company. Diamond manufactures composites-intensive, piston-powered aircraft.
BYD, a leader in electric vehicles (EV) in China, has signed an agreement to open a factory near the Moroccan city of Tangier to build battery-powered passenger cars, buses and trucks.
Boeing, China announce Airplane sales during presidential trade mission
Boeing and China Aviation Suppliers Holding Company (CASC) signed an agreement for 300 airplanes during a ceremony in Beijing. It was part of the United States trade mission to China, and was signed by Kevin McAllister, Boeing Commercial Airplanes president and CEO, in the presence of US President Donald Trump and China President Xi Jinpi...
Roctool Inc. strengthens its presence in the Chinese market with major contracts signed, the opening of a subsidiary and a promising order book for the second half of 2017.
[2017-11-14]Source:Composites World
A Chinese guitar made of carbon fiber
Lava Music, a Chinese company specialized in musical instruments design and development, founded in 2013 in the southern city of Guangzhou, Guangdong province, has put on the market a new guitar called LAVA ME.