Cytec Acquires BP Carbon Fibers
Cytec Industries announced that it has signed a Definitive Agreement to acquire the assets of the carbon fiber business of BP. This would include the Amoco fiber line, such as T300, T600, etc. Hexcel Raising Prices on Honeycomb Cores
07/25/01 Hexcel is raising the price of Nomex and HexWeb honeycomb cores by an average of 6%. The increase is driven by raw material and energy costs.
Hexcel Accepts Credit Cards for Purchases
07/25/01 Hexcel is now accepting Visa and MasterCard credit cards for the purchase of materials. Hexcel Introduces New Products at Paris Air Show
07/25/01 Hexcel introduced several new products at the Paris Air Show, including matrix resins and core products. Hexcel Opens New Prepreg Plant in Austria
07/25/01 Hexcel has opened a new prepreg plant in Neumarkt, Austria. It will primarily produce materials for the wind energy industry. Class Action Suit against Owens Corning Amended
07/25/01 Dwyer & Collora has amended their class action suit against Owens Corning on behalf of certain bond holders. Hexcel Reports Second Quarter Net Loss
07/25/01 Hexcel reported a net loss for the second quarter of 2001. Expenses included a one-time charge for early debt retirement. Commercial aerospace and industrial revenues were up, but electronics revenues were down. Owens Corning Reports Profit
07/25/01 Owens Corning reported a profit for the second quarter of 2001. The company is still under Chapter 11 bankruptcy protection because of asbestos litigation. Cytec Meets Lowered Earnings Expectations
07/25/01 Cytec met lowered earnings expectations for the second quarter of 2001, representing a significant from 2000. Composite sales showed a strong increase. Dynetek Hires New Vice President
07/25/01 Dynetek Industries announced that Ms. Andrea Cherkas has joined the Company as Vice President, Sales and Marketing. FiberCote Appoints New Technical Director
07/25/01 FiberCote Industries has appointed Dr. Steven Peake as Technical Director, effective August 1, 2001. Dynetek Incorporates German Subsidiary
07/10/01 Dynetek Industries has incorporated a wholly owned subsidiary, Dynetek Europe GmbH. Dynetek Receives Order for 1000 Natural Gas Cylinders
07/10/01 Dynetek will ship 1000 of its lightweight cylinders to its partner, Kokan-Drum, for distribution to major Japanese carmakers and bus manufacturers for their CNG vehicles. Cyclics Develops Thermoplastic Resin for Wind Turbines
07/10/01 Cyclics Corporation is commercializing an innovative thermoplastic resin that could radically increase the manufacturing rates of large wind turbine structures, typically made of fiberglass-reinforced composites. 3TEX Boat Wins Race and Best Looking Boat Award
07/10/01 3TEX's PAY 2 PLAY racing boat won the 80+ mph class at the recent New York State POKER RUN race. The boat was built using 3WEAVE preforms. Gases Speed Cooling of Injection Moulded Plastics
07/10/01 Adding cool gases to injection moulded plastics speeds the cooling process and cuts manufacturing time by 40 percent. Plasma Treatment Improves Bonding of Plastics
07/10/01 A newly developed plasma pretreatment process allows plastics to be easily bonded to automotive frames or other disimilar materials. Silane Sizing Agents for Phosphate Glass
07/09/01 Penn State University researchers are studying the surface of phsophate glasses in order to develop better sizing agents. Researchers Studying Corrosion of E-Glass
07/09/01 Researchers at Penn State University are studying the mechanisms behind the corrosion of E-glass. QUANTUM Ships Hydrogen Storage System for Fuel Cell Bus
07/09/01 QUANTUM Technologies has developed and shipped its advanced hydrogen storage system for the first ThunderPower fuel cell bus. QUANTUM Tests Hydrogen Tank for Hyundai Santa Fe
07/09/01 QUANTUM Technologies achieved a major milestone by being the first company to fill a hydrogen storage cylinder with compressed hydrogen at 5,000 psi. The storage cylinder is part of the fuel storage and delivery system developed for the Hyundai Santa Fe fuel cell SUV. QUANTUM and Thiokol Certify Conformable Hydrogen Tank
07/09/01 QUANTUM Technologies and Thiokol Propulsion have certified the world's first all-composite ultra-lightweight conformable storage tank for hydrogen and compressed natural gas to NGV2-2000 standards. QUANTUM Developing Hydrogen Storage for DOE Bus Program
07/09/01 QUANTUM Technologiesis designing and developing a hydrogen storage and handling system for a Department of Energy (DOE) hydrogen bus test platform. QUANTUM Demonstrates High Pressure Composite Hydrogen Tank
07/09/01 QUANTUM Technologies has demonstrated an all-composite hydrogen storage tank that stores hydrogen at 10,000 psi (700 Bar). Hexcel Completes Issuance of Notes
07/06/01 Hexcel has completed its issuance of senior subordinated notes due 2009.
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