ALMELO, THE NETHERLANDS--(Marketwire - Oct 24, 2012) - TenCate Advanced Composites North
America expands the cooperation with 3M, which
started in 2010. This cooperation has considerably strengthened the
position of
the partners, particularly in composite materials for the aerospace market.
Addressing such partnerships fits into the strategy of TenCate to speed up
the
market development and growth of the company by means of cooperation and
business to business network structures.
The expansion of the cooperation will allow TenCate Advanced Composites and
3M
to speed the development and adoption of new applications for composite
materials. TenCate as a supplier of materials will focus on the production
of
composite materials for tooling applications that are used in various
production
processes, such as the aerospace and automotive industries.
The cooperation results in the creation of new composite materials with
improved
performance in the area of durability and material properties.
Joe Morris, President TenCate Advanced Composites USA, states: 'The tooling
market offers significant opportunities for TenCate. It is an important
market
for the composites industry. The increasing use of composites in aircraft,
automobiles, and high performance industrial applications will also
increase the
demand for composite tooling materials. TenCate and 3M are powerful
partners,
who have already demonstrated to be able to develop and market high quality
advanced composites products'.
Royal Ten Cate
Almelo, the Netherlands, Wednesday 24 October 2012
TenCate Advanced Composites is a leading developer and producer of
thermoset and
thermoplastic prepreg composites for space and aerospace and industrial
applications. Prepregs of TenCate Advanced Composites are used in
commercial
aircraft, satellites, helicopters, general aviation, aircraft interiors,
radomes
and unmanned vehicles. TenCate Advanced Composites has plants in Europe and
North-America.
Royal Ten Cate (TenCate) is a multinational company which combines textile
technology with related chemical processes and material technology in the
development and production of functional materials with distinctive
characteristics. Products of TenCate are sold worldwide.
Systems and materials from TenCate come under four areas of application:
safety
& protection, space & aerospace, infrastructure & the environment, and
sport &
recreation. TenCate occupies leading positions in protective fabrics,
composites
for space and aerospace, antiballistics, geosynthetics and synthetic turf.
TenCate is listed on the NYSE Euronext (AMX).
3M is a recognized leader in research and development. 3M produces
thousands of
innovative products for dozens of diverse markets. 3M's core strength is
applying its more than 40 distinct technology platforms - often in
combination -
to a wide array of customer needs. With $23 billion in sales, 3M employs
75,000
people worldwide and has operations in more than 65 countries. For more
information, visit www.3m.com.
Press release as PDF:
http://hugin.info/130798/R/1651588/532867.pdf
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Source: Koninklijke Ten Cate NV via Thomson Reuters ONE
[HUG#1651588]