Wed 28, Mar 2018
Hexcel and Arkema have signed a strategic alliance to develop thermoplastic composites for the aerospace sector. The partnership aims to develop carbon fiber-reinforced thermoplastic tapes to produce lightweight parts for aircraft. The aim is for the new composites to provide lower cost and faster production speeds for customers in the aerospace and the space and defense sectors. As part of this partnership, a joint research and development laboratory, located in France, will be established.
“I am delighted to announce this partnership with Hexcel, a leading advanced composites supplier to the aerospace industry. This association fits in clearly with our strategy to develop advanced thermoplastic composite solutions from our PEKK resins, and takes effect a few months before the commissioning of our new PEKK plant in the United States in Mobile (Alabama) scheduled for the end of 2018,” stated Thierry Le Hénaff, Arkema Chairman and Chief Executive Officer.
Nick Stanage, Hexcel Chairman and Chief Executive Officer, said “We’re excited to join this collaboration with Arkema to continue exploring and defining the future of carbon fiber-reinforced thermoplastics in the aerospace industry. With this opportunity and our recent acquisition of the aerospace and defense business of Oxford Performance Materials (OPM), Hexcel is quickly becoming an industry leader in advanced composite thermoplastic technologies.”
According to a latest report from Stratview Research, the global Aerospace & Defense thermoplastic composites market is expected to reach an estimated value of US$ 636 million in 2023. Increasing commercial and regional aircraft deliveries, increasing demand for advanced composites in the structural applications of aircraft, increasing production rates of composites rich aircraft (B787 and A350XWB), increasing demand for thermoplastic composites to fabricate structural and interior parts, and superior benefits of thermoplastic composites including recyclability and reduction in parts count are the key factors that are proliferating the demand for thermoplastic composites in the aerospace & defense industry.
News Source: Hexcel
Image Source: Arkema