AASC Plant Opens 02/09/00 Applied Aerospace Structures announced the opening of their new satellite assembly plant in California. Cytec to Expand Water Soluble Polymers 02/09/00 Cytec has announced a $23 million capital expenditure to expand its water soluble polymers business.
New Alyn VP 02/09/00 Metal matrix composite producer Alyn has named Ray Brooks to the position of Vice President, Chief Financial Officer. Brooks was previously CFO at Rohm Electronics. Owens Declares Dividend 02/04/00 Owens Corning declared a quarterly dividend of 7.5 cents per share. Owens Sells Falcon 02/04/00 Owens Corning has completed the sale of its Falcon Foam business, a manufacturer of expanded polystyrene foam products. Owens Corning Earnings Up 02/04/00 Owens Corning reported record fourth quarter earnings. Sales in Composites Systems increased 5 percent. CanFibre Assumes Operations 02/04/00 Kafus subsidiary CanFibre has assumed operational responsibility for the Riverside AllGreen MDF facility. Kafus Environmental Foundation 02/04/00 Kafus, manufacturer of natural-fiber composites, has formed a non-profit foundation to support environmental causes. Conoco Earnings Up 02/04/00 Conoco reported a strong increase in fourth quarter earnings. It's new carbon fibers are mentioned in the report. New ATP Merger Agreement 01/28/00 Because of the federal investigation at Alcore, ATP and Veritas have terminated their original merger agreement. The new agreement is at a lower price and gives Veritas ten days to back out. Related story. ATP Statement on Alcore 01/25/00 ATP is not privy to all details of the allegations concerning its Alcore division, and is cooperating fully with federal authorities. Cytec Earnings Up 01/24/00 Cytec reported a 6% increase in fourth quarter earnings. Sales in the Specialty Materials division were down 18%. Hexcel Reports Loss 01/20/00 Hexcel reported a loss for the fourth quarter. Declining aircraft production rates and increased price competition in the carbon fiber market contributed to the loss. New Honeycomb Panelboard 01/20/00 Kafus has formed a new subsidiary to produce and sell a molded fiber board honeycomb panel made from recycled and renewable materials. Home Depot to Carry Kafus 01/20/00 Home Depot will carry medium density fiberboard (MDF) made by Kafus subsidiary CanFibre. Glassmaster Sales Down 01/20/00 Glassmaster reported a decrease in sales and a loss for the first quarter. Fiberglass products don't appear to have contributed to the loss. Honeywell Meets Estimates 01/20/00 Honeywell met analysts' estimates for fourth quarter earnings. Honeywell expects revenue growth in the specialty chemicals and polymers businesses. ARBURG Licenses MuCell 01/11/00 ARBURG, a manufacturer of injection molding machines, has licensed Trexel's MuCell microcellular foam processing technology. Alcore Offices Raided 01/08/99 Federal investigators served a warrant for financial and other records at Alcore's offices in Maryland. Alcore doesn't know the nature of the investigation. Nbond Acquires PolyBond33 01/06/99 Nbond Adhesives has acquired The Nbond Company, along with all rights to PolyBond33 PE/PP adhesive. Core Materials CEO 12/14/99 SMC compounder Core Materials has named James L. Simonton President and CEO. Simonton was formerly a VP and plant manager and Navistar International. Milacron Efficiency Measures 12/14/99 Milacron is taking a $.30 charge per share to implement some efficiency measures, including layoffs and plant consolidations. EarthShell Joint Venture 12/14/99 EarthShell has entered into a joint venture with Prairie Packaging to market and distribute EarthShell composite, biodegradable food packaging. Kafus Flexply Shipping 12/10/99 The Kafus Bio-Composites plant in Elkhart, Indiana is fully operational and shipping Flexply composite mats to automotive trim manufacturers. New Cytec VP 12/08/99 The Cytec Board of Directors elected William N. Avrin as VP of Corporate and Business Development.
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