Owens Corning Sales and Earnings Fall
04/13/01 Owens Corning reported lower sales and earnings for the first quarter of 2001. Lower demand, higher energy prices and bankruptcy charges are to blame. Borden Chemicals and Plastics Files for Bankruptcy
04/09/01 Hurt by lower resin prices, slower demand, and higher energy costs, Borden Chemicals and Plastics was forced to file for Chapter 11 bankruptcy protection.
Alliant Techsystems Names Perri Hite Corporate Secretary
04/06/01 Alliant Techsystems has named Perri Hite corporate secretary with responsibility for all securities regulatory matters and corporate governance. TieTek Composite Lumber to be Marketed in India
04/02/01 Ownes Corning and TieTek will jointly market TieTek railroad crossties and other composite lumber products in India. Cytec Acquires 3M's Composite Materials Business
04/02/01 3M has completed the sale of its composite materials business to Cytec. How Marie Walker Started Fiberset
04/02/01 Marie Walker started a composites business in 1976. Fiberset now employs 15 people and has annual revenues of $1 million. A good story for anyone thinking of starting a composites business. ATP Revenues and Earnings Up; Alcore Buyer Found
03/22/01 ATP reported a modest increase in revenues and a strong increase in earnings for the fourth quarter. A letter of intent has been signed for the sale of Alcore. AAR Earnings Continue to Improve
03/22/01 AAR reported increased earnings for the third consecutive quarter. Earnings are still below last year's levels because of difficult conditions in the aviation industry. Composite Solutions Begins Financing Campaign
03/16/01 Composite Solutions has retained a financial services firm to help it raise US$20 million to help finance growth plans. Owens Corning Sells Engineered Pipe Systems
03/16/01 Owens Corning announced the sale of nearly all of its Engineered Pipe Systems business to a Saudi Arabian company. The business manufactures glass composite pipes. Cytec Raises CYREZ Rubber Prices
03/14/01 Cytec announced an increase of 5 cents per pound worldwide for its Cyrez rubber chemicals. Fiber Innovations Wins Supplier Award for Missile
03/14/01Lockheed Martin selected Fiber Innovations as its Small Business Supplier of the Year for its production of the JASSM composite missile airframe. Owens Corning Director of Science & Technology to Retire
03/09/01 Warren Wolf, director of Science and Technology at Owens Corning, will retire at the end of July. He will continue as chief scientist and as a consultant to the CEO. Owens Corning Appoints Three Technology Leaders
03/09/01 Owens Corning has assigned executives to lead the company's efforts in three key technology areas. Alliant Expects to Meet Earnings Estimates
03/09/01 Alliant Techsystems expects to meet analysts earnings estimates of $4.77 to $4.79 per share for the fiscal year ending 31 March 2001. Zoltek Sales Up, Earnings Down
02/21/01 Zoltek reported a 29% increase in first quarter sales, with carbon fiber sales increasing 34%. Low demand for textiles and increased marketing costs resulted in a substantial loss for the quarter. Zoltek Partners with BMW
02/21/01 Zoltek has entered into a strategic partnership with BMW. Zoltek will provide carbon fibers for the development of new composite auto bodies. Saint-Gobain Vetrotex India Doubles Capacity
02/21/01 Saint-Gobain has doubled the manufacturing capacity of its Reinforcement Centre (SGRC) near Thimmapur, India. The SGRC plant produces glass fibers for composites. Aldila Earnings Improve, Composite Hockey Sticks Introduced
02/07/01 Aldila fourth quarter sales were flat, but earnings improved. A line of composite hockey sticks was introduced this year. Eastman Chemical to become Two Companies
02/05/01 Eastman Chemical has announced plan to split the company in two. Specialty Checmicals and Plastics will form one company; PET Plastics and Acetate Fibers will form the other company. Scaled Technology Works Now STW Composites
02/02/01 Scaled Technology Works has changed its name to STW Composites. Conoco Reports Record Earnings, Advances in Carbon Fibers
01/29/01 Conoco reported record earnings for the fourth consecutive quarter. Construction of the new carbon fiber plant in Oklahoma should be complete by the end of 2001. Cytec Founding Board Member Resigns
01/29/01 Darryl Fry, one of the principal people behind the founding of Cytec, resigned from its Board of Directors. Resin Systems Enters Alliance with Creative Pultrusions
01/24/01 Resin Systems has entered into a strategic alliance with Creative Pultrusions for the use of Resin's Version urethane resin system. Alliant Munition Sales Boost Third Quarter Earnings
01/24/01 Alliant Techsystems reported higher third quarter earnings, driven primarily by increased revenues from munition sales. Aerospace sales were down, but composite sales were up.
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