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Oerlikon Barmag systems convince with product diversity (c) Oerlikon
From super-low-shrinkage (SLS) through to high-tenacity (HT): depending on the configuration, Oerlikon Barmag systems are suitable for manufacturing industrial yarns with the most diverse properties.
25.06.2020

Oerlikon Barmag systems convince with product diversity

  • Industrial yarn: Capacity expansion in the high-end sector

Remscheid – the Chinese industrial yarn manufacturer Zhejiang Kingsway High-Tech Fiber Co., Ltd. is expanding its production capacities by a further 40,000 tons per annum with 5 Oerlikon Barmag lines. Kingsway is already successfully manufacturing special high-quality yarns, exclusively deploying Oerlikon Barmag industrial yarn systems.

The 21 new spinning positions will be used to manufacture a broad product range: in addition to super-low-shrinkage (SLS) and high-tenacity (HT) yarn, the business also plans to produce automotive yarns for seat belts and airbags. This flexibility is made possible as a result of the Oerlikon Barmag systems’ configuration. The new systems are expected to commence manufacturing next year.

Industrial yarns for greater safety

  • Industrial yarn: Capacity expansion in the high-end sector

Remscheid – the Chinese industrial yarn manufacturer Zhejiang Kingsway High-Tech Fiber Co., Ltd. is expanding its production capacities by a further 40,000 tons per annum with 5 Oerlikon Barmag lines. Kingsway is already successfully manufacturing special high-quality yarns, exclusively deploying Oerlikon Barmag industrial yarn systems.

The 21 new spinning positions will be used to manufacture a broad product range: in addition to super-low-shrinkage (SLS) and high-tenacity (HT) yarn, the business also plans to produce automotive yarns for seat belts and airbags. This flexibility is made possible as a result of the Oerlikon Barmag systems’ configuration. The new systems are expected to commence manufacturing next year.

Industrial yarns for greater safety

As a quality-conscious industrial yarn producer, Kingsway has been manufacturing its sophisticated, high-end yarns on Oerlikon Barmag filament yarn systems since 2015. Alex Yang Yu Long, CEO of Kingsway, is proud of relying on engineering artistry from Remscheid: “As expected, the yarns are first-class in terms of quality. Our products are used in safety equipment, sometimes in situations where lives depend on them. Therefore, there can be no compromises. To this end, we select our partners with the utmost care."

More information:
Oerlikon yarn industrial yarns
Source:

Oerlikon Manmade Fibers

10.06.2020

“Autoneum Pure.”: new sustainability label for products

Technologies with an excellent environmental performance throughout the entire product life cycle – that is what “Autoneum Pure.” stands for. In future, components that meet the highest standards in terms of sustainability and eco-friendliness can be identified at a glance under this label. This also includes the innovation “Mono-Liner” for wheelhouse outer liners.

As innovation leader in acoustic and thermal management, Autoneum continuously invests in the development and production of resource-saving components that make cars lighter and thus more climate-friendly. In view of an increasing sustainability awareness and the correspondingly greater information needs on environmentally-friendly vehicle components, the Company has now launched Autoneum Pure. The label determines particularly sustainable technologies, thereby guiding car manufacturers in product selection for future models.

Technologies with an excellent environmental performance throughout the entire product life cycle – that is what “Autoneum Pure.” stands for. In future, components that meet the highest standards in terms of sustainability and eco-friendliness can be identified at a glance under this label. This also includes the innovation “Mono-Liner” for wheelhouse outer liners.

As innovation leader in acoustic and thermal management, Autoneum continuously invests in the development and production of resource-saving components that make cars lighter and thus more climate-friendly. In view of an increasing sustainability awareness and the correspondingly greater information needs on environmentally-friendly vehicle components, the Company has now launched Autoneum Pure. The label determines particularly sustainable technologies, thereby guiding car manufacturers in product selection for future models.

Autoneum Pure is based on a comprehensive set of criteria assessing the sustainability performance of a product in all four phases of its life cycle: material procurement, production, use and end of life. For example, components with a high content of recyclable materials or those that achieve significant weight savings compared to comparable standard components qualify for the “Autoneum Pure.” label. Autoneum already offers various multifunctional technologies that meet the high standards for Autoneum Pure products: Ultra-Silent for underbody systems or battery undercovers, Di-Light for carpet systems, Prime-Light and IFP-R2 for inner dashes and floor insulators as well as Hybrid-Acoustics PET for e-motor encapsulations and engine-mounted parts, which was launched in fall 2019.

With Mono-Liner, the latest innovation for wheelhouse outer liners is also included in the Autoneum Pure portfolio. Among other things, the Mono-Liner-based components convince thanks to their lightweight construction, thereby contributing to lower vehicle weight with correspondingly less fuel consumption and emissions. The excellent life cycle assessment is also based on their particularly resource-saving manufacturing: Production cut offs of the components, which consist to a large extent of recycled PET fibers, can be processed into pellets and completely returned to the manufacturing process as fibers. An SUV and a crossover model from a US vehicle manufacturer already benefit from Mono-Liner wheelhouse outer liners.

Anahid Rickmann, Head of Corporate Communications & Responsibility, explains: “With Autoneum Pure we are the first automotive supplier to establish a sustainability label in the field of acoustic and thermal management. Autoneum Pure is part of the Company's Advance Sustainability  Strategy 2025 and sets industry standards in product communication.”

Source:

Autoneum Holding AG

Start of 3-years Interreg cross-border project AACOMA  is kicked-off (c) AMAC GmbH
AMAC-Standortkarte
13.05.2020

Start of 3-years Interreg cross-border project AACOMA is kicked-off

  • AACOMA - Accelerate advanced composite manufacturing
  • EMR Region Belgium, the Netherlands & Germany area hot spot for the future of lightweight materials and technologies

The Euregio Meuse-Rhine provides a huge potential with its many highly innovative, leading companies and especially SMEs which are active in the area of advanced material manufacturing in many industrial sectors, such as Automotive, Aerospace, Electronics, Building and Infrastructure, etc. The advanced material sector is growing, with a consolidated offer, ranging from raw material producers over technology development to production, research and development as well as industrial OEMs.

Interreg Euregio Meuse-Rhine invests EUR 96 million from the European Regional Development Fund (ERDF) in the period 2014-2020. Through the investments in cross-border projects, the European Union invests in the economic development, innovation, territorial development and social inclusion and education of this region.

Project

  • AACOMA - Accelerate advanced composite manufacturing
  • EMR Region Belgium, the Netherlands & Germany area hot spot for the future of lightweight materials and technologies

The Euregio Meuse-Rhine provides a huge potential with its many highly innovative, leading companies and especially SMEs which are active in the area of advanced material manufacturing in many industrial sectors, such as Automotive, Aerospace, Electronics, Building and Infrastructure, etc. The advanced material sector is growing, with a consolidated offer, ranging from raw material producers over technology development to production, research and development as well as industrial OEMs.

Interreg Euregio Meuse-Rhine invests EUR 96 million from the European Regional Development Fund (ERDF) in the period 2014-2020. Through the investments in cross-border projects, the European Union invests in the economic development, innovation, territorial development and social inclusion and education of this region.

Project

The Euregio Meuse-Rhine is a potential hot-spot for the further development of advanced material and process technologies. Technical Centers and Institutes around Aachen/Germany, Liège/Belgium and Eindhoven/The Netherlands were awarded with this new project AACOMA.

Innovative material design and advanced manufacturing provide large opportunities for SMEs. The AACOMA project kick-off took place in Aachen at the Campus of the RWTH University of technology in 1 Q 2020. The aim of the project, which is running for 3 years until 2023 with a budget of €3 Mio, is to connect SMEs with innovation hot-spots like institutes and technical centers.
Seven partners from all three regions will carry the project out: Centexbel is the project leader and gets support by University of Liège, Sirris and Flanders Make from Belgium, as well as Fontys University of Applied Science and AMIBM of Maastricht University in the Netherlands and AMAC in Germany.

Statements

Bernard Paquet, Project Coordinator from Centexbel/ Belgium stated:
“Centexbel, with a strong experience in textile and composites, will identify with its Interreg partners and an advisory board of international experts several demonstrators which will enable an accelerated advanced manufacturing of composite parts. This could include new materials and intermediates, high performance additives, bio-based products and new composites by additive manufacturing”.

Michael Effing, Managing Director of AMAC/ Germany said:
“The major goal of the project is to connect around 200 innovative SMEs with each other and establish the links to the world-class institutes in the EMR region. We will facilitate 6 roadshow events, addressing key topics like automated manufacturing, additive manufacturing or bio-based material systems combined with match making and training events. The first roadshow will be held on September 24, 2020 at the Aachen Campus of the RWTH University of Technology.”

Prof. Gunnar Seide from the AMIBM/The Netherlands continued:  
“Our AMIBM offers already an international master program on bio-based materials. The AACOMA project will be an important element for transborder research and will identify new players in the value chain coming from the EMR region. Innovative companies find markets for their new bio-based building blocks, chemicals and polymers. Their success stories and upcoming technological breakthroughs are needed for a sustainable future.”

 

(c) BMW Group
21.04.2020

SGL Carbon receives contract for battery enclosure from BMW Group

  • New composite e-Mobility application
  • Multi-year substantial contract

After prototypes for a Chinese automotive manufacturer, a major order from a North American automaker, and yet another order for a European sports car manufacturer, SGL Carbon has now been nominated by BMW Group to produce a cover component for battery enclosures in series. This substantial multi-year order will include the production of an innovative glass-fiber-based cover plate for the battery housing for usage in a future plug-in hybrid model of BMW Group.

  • New composite e-Mobility application
  • Multi-year substantial contract

After prototypes for a Chinese automotive manufacturer, a major order from a North American automaker, and yet another order for a European sports car manufacturer, SGL Carbon has now been nominated by BMW Group to produce a cover component for battery enclosures in series. This substantial multi-year order will include the production of an innovative glass-fiber-based cover plate for the battery housing for usage in a future plug-in hybrid model of BMW Group.

Materials made of composites are suited for battery enclosures for different reasons: Besides their light weight, which enhances the electric vehicle’s range, fiber-reinforced plastics offer high stiffness. In addition, they meet high requirements for water and gas tightness and feature excellent fire protection properties. Composite materials can also help to achieve improved structural stiffness of the underbody, e.g. to protect against penetration, as well as an optimized thermal management. Carbon fibers are ideal for especially stressed structures or load-bearing elements, such as the underbody panels and side frames. For components subjected to less stress, such as battery box covers, glass fibers or a fiber mix may suffice.

In addition to the new application for the hybrid model battery enclosure, SGL Carbon will continue producing the usual components made of carbon-fiber-reinforced plastic for the BMW i3 and delivering materials for the Carbon Core body of the BMW 7 series, and has been nominated as the supplier for all carbon materials - fibers, textiles, stacks - for the BMW iNEXT, set to be launched in 2021.

Source:

SGL CARBON SE

01.04.2020

Perlon® production is still running at all sites

Perlon®, A Serafin Group company is continuing to produce its’ quality filaments at all five sites for its’ customers in the current challenging climate. Production in China has been operating again as normal since the beginning of March after having to be temporarily halted due to the spreading of COVID-19. Production is now back up to 100%.

Production in Germany at our sites in Munderkingen (Baden-Wuerttemberg), Bobingen (Bavaria) and Wald-Michelbach (Hesse) as well as in the USA is continuing to run without any constraints. Therefore all sites are working to full capacity to fulfill all our customer orders. In particular, in the paper machine clothing area is showing an increase in sales which offsets a reduced demand in other areas such as automotive.

Perlon®, A Serafin Group company is continuing to produce its’ quality filaments at all five sites for its’ customers in the current challenging climate. Production in China has been operating again as normal since the beginning of March after having to be temporarily halted due to the spreading of COVID-19. Production is now back up to 100%.

Production in Germany at our sites in Munderkingen (Baden-Wuerttemberg), Bobingen (Bavaria) and Wald-Michelbach (Hesse) as well as in the USA is continuing to run without any constraints. Therefore all sites are working to full capacity to fulfill all our customer orders. In particular, in the paper machine clothing area is showing an increase in sales which offsets a reduced demand in other areas such as automotive.

In the current situation, the company is doing everything it can to fulfill its’ responsibility as an employer and also as a business partner. Therefore all hygiene measures at all our sites have been significantly increased so that our employees are protected as well as possible. There is hand sanitizer in every department and all of our production lines are disinfected several times a day. It has been explained to employees, what they should do in the current climate in order to minimize risk. Where possible employees are able to work from home. Perlon® has approximately 650 employees in Germany, over 80 in the USA and more than 100 in China.

High demand for monofilament for the paper industry.

The paper industry is currently experiencing a rise in demand worldwide – and Perlon® is also benefitting from this, as customers need even more high-quality monofilament and twisted yarns for the tensioning of paper machines. For the paper machine clothing field, Perlon® produced filaments are used to manufacture press fabric, which can be used either as a conveyor belt or for moisture removal on a paper production line. Due to the high mechanical strain through the presses, polyamide monofilaments or twisted yarns are therefore almost always used. Paper industry customers have increased their production recently. Whether it’s boxes to cope with the increased demand for online deliveries or paper for hygiene purposes (which everybody can identify with), there is an increased demand worldwide. The dental, hygiene and food preparation fields are also experiencing increased demand. To this end, Perlon® offers filaments for the manufacture of toothbrushes and high-quality cleaning system brushes.

More information:
Perlon Coronavirus
Source:

Perlon

Logo Perlon-Group
Perlon can continue with its production
30.03.2020

Perlon® production is still running at all sites in Germany, the USA and China

Perlon®, a Serafin Group company, is continuing to produce its’ quality filaments at all five sites for its’ customers in the current challenging climate. Production in China has been operating again as normal since the beginning of March after having to be temporarily halted due to the spreading of Covid-19. Production is now back up to 100%.

Production in Germany at our sites in Munderkingen (Baden-Wuerttemberg), Bobingen (Bavaria) and Wald-Michelbach (Hesse) as well as in the USA is continuing to run without any constraints. Therefore all sites are working to full capacity. In particular in the paper machine clothing area is showing an increase in sales which offsets a reduced demand in other areas such as automotive.

Perlon®, a Serafin Group company, is continuing to produce its’ quality filaments at all five sites for its’ customers in the current challenging climate. Production in China has been operating again as normal since the beginning of March after having to be temporarily halted due to the spreading of Covid-19. Production is now back up to 100%.

Production in Germany at our sites in Munderkingen (Baden-Wuerttemberg), Bobingen (Bavaria) and Wald-Michelbach (Hesse) as well as in the USA is continuing to run without any constraints. Therefore all sites are working to full capacity. In particular in the paper machine clothing area is showing an increase in sales which offsets a reduced demand in other areas such as automotive.

To manage the current situation responsibly, all hygiene measures at all our sites have been significantly increased so that the employees are protected as well as possible. There is hand sanitizer in every department and all of our production lines are disinfected several times a day. It has been explained to employees, what they should do in the current climate in order to minimise risk. Where possible employees are able to work from home. Perlon® has approximately 650 employees in Germany, over 80 in the USA and more than 100 in China.

High demand for monofilament for the paper industry
The paper industry is currently experiencing a rise in demand worldwide – and Perlon® is also benefitting from this, as customers need even more high quality monofilament and twisted yarns for the tensioning of paper machines. For the paper machine clothing field, Perlon® produced filaments are used to manufacture press fabric, which can be used either as a conveyor belt or for moisture removal on a paper production line. Due to the high mechanical strain through the presses, polyamide monofilaments or twisted yarns are therefore almost always used. Paper industry customers have increased their production recently. Whether it’s boxes to cope with the increased demand for online deliveries or paper for hygiene purposes (which everybody can identify with), there is an increased demand worldwide. The dental, hygiene and food preparation fields are also experiencing increased demand. To this end, Perlon® offers filaments for the manufacture of toothbrushes and high quality cleaning system brushes.

More information:
corona virus Perlon filament
Source:

Perlon®

23.03.2020

autoneum: Coronavirus pandemic massively impacts course of business

The corona pandemic has a significant impact on the global economy and thus also on the global automotive industry. The temporary plant closures at almost all customers in all regions will result in a revenue decline at Autoneum in the current year, the extent of which cannot yet be estimated.

In addition to the ongoing cost-saving programs, Autoneum has therefore decided on a comprehensive set of measures to further increase the flexibility of personnel and material expenses. This includes staff adjustments, e.g. by reducing the number of temporary employees in plants. In addition, short-time work at the Swiss sites, the Group’s headquarters in Winterthur and at the Sevelen plant (canton of Sankt Gallen), as well as short-time work in some other European countries and temporary closures of production facilities in various regions in line with those of customers are being implemented. With these measures, Autoneum is at the same time making its contribution to protecting the workforce, breaking chains of infection and containing the spread of this pandemic.

The corona pandemic has a significant impact on the global economy and thus also on the global automotive industry. The temporary plant closures at almost all customers in all regions will result in a revenue decline at Autoneum in the current year, the extent of which cannot yet be estimated.

In addition to the ongoing cost-saving programs, Autoneum has therefore decided on a comprehensive set of measures to further increase the flexibility of personnel and material expenses. This includes staff adjustments, e.g. by reducing the number of temporary employees in plants. In addition, short-time work at the Swiss sites, the Group’s headquarters in Winterthur and at the Sevelen plant (canton of Sankt Gallen), as well as short-time work in some other European countries and temporary closures of production facilities in various regions in line with those of customers are being implemented. With these measures, Autoneum is at the same time making its contribution to protecting the workforce, breaking chains of infection and containing the spread of this pandemic.

Despite the above-mentioned countermeasures and in light of the advancing spread of the coronavirus, Autoneum does not expect to achieve its targets for the business year 2020. Due to the considerable uncertainties regarding the course and duration of the pandemic, no updated outlook is provided for 2020 for the time being.

Source:

Autoneum Management AG

(c) JEC group
13.03.2020

JEC group to bring composite solutions for mobility to the 2020 Detroit Auto Show

After Mondial. Tech, NAIAS 2019, and eMove 360°, JEC Group will hold the 4th Composites Pavilion at the North American International Auto Show (NAIAS) in Detroit from June 9 to 11, 2020 in a spirit of innovation, business, and networking.

At NAIAS 2020, JEC Group will highlight the latest technologies and solutions allowing the automotive industry to innovate in product design, reduce the environmental impact of emissions and improve production rates thanks to composite materials. For the first time in 2020, the Composites Mobility Summit will simultaneously include the pavilion with a showcase of innovative parts, an extensive conference program, and a composites tour. Composite materials are a key part of the future of the Mobility industry and this Summit will both demonstrate the exciting variety of their applications, and aim to push forward their use in an even more global scope.

After Mondial. Tech, NAIAS 2019, and eMove 360°, JEC Group will hold the 4th Composites Pavilion at the North American International Auto Show (NAIAS) in Detroit from June 9 to 11, 2020 in a spirit of innovation, business, and networking.

At NAIAS 2020, JEC Group will highlight the latest technologies and solutions allowing the automotive industry to innovate in product design, reduce the environmental impact of emissions and improve production rates thanks to composite materials. For the first time in 2020, the Composites Mobility Summit will simultaneously include the pavilion with a showcase of innovative parts, an extensive conference program, and a composites tour. Composite materials are a key part of the future of the Mobility industry and this Summit will both demonstrate the exciting variety of their applications, and aim to push forward their use in an even more global scope.

Within the Composite Solutions for Mobility pavilion, the displayed parts will highlight the different applications of composites for mobility such as lightweight, design freedom, aesthetics and flexibility, resistance, strength and stiffness, function integration, hybridization, fuel storage, connectivity integration and battery housing.

 

More information:
Detroit Auto Show JEC
Source:

JEC group

SGL Carbon: fiscal year 2019 (c) SGL Carbon
SGL Carbon: fiscal year 2019
12.03.2020

SGL Carbon: fiscal year 2019

Diverging development in the two business units impact fiscal year 2019 of SGL Carbon – Group guidance for 2020 confirmed

  • Consolidated sales revenues in fiscal year 2019 up by 4 percent to around 1.1 billion euros
  • Consolidated recurring EBIT down by 25 percent to 48 million euros; record results of graphite specialities business did not fully compensate for the weak development in the carbon fiber business
  • Composites – Fibers & Materials (CFM): Cyclical und structural weaknesses impact the result of the market segments Wind Energy, Textile Fibers and Industrial Applications, which have limited strategic significance in the medium term
  • Graphite Materials & Systems (GMS): Sales and earnings on record level due to strong growth in the market segments Semiconductors and Automotive
  • Non-cash impairment charge of around 75 million euros was recorded at CFM in the third quarter of 2019
  • Free cash flow significantly improved
  • Issue of a new corporate bond and early redemption of the 2015/2020 convertible bond has significantly improved the maturity profile
  • SGL Carbon confirms guidance for fiscal ye

Diverging development in the two business units impact fiscal year 2019 of SGL Carbon – Group guidance for 2020 confirmed

  • Consolidated sales revenues in fiscal year 2019 up by 4 percent to around 1.1 billion euros
  • Consolidated recurring EBIT down by 25 percent to 48 million euros; record results of graphite specialities business did not fully compensate for the weak development in the carbon fiber business
  • Composites – Fibers & Materials (CFM): Cyclical und structural weaknesses impact the result of the market segments Wind Energy, Textile Fibers and Industrial Applications, which have limited strategic significance in the medium term
  • Graphite Materials & Systems (GMS): Sales and earnings on record level due to strong growth in the market segments Semiconductors and Automotive
  • Non-cash impairment charge of around 75 million euros was recorded at CFM in the third quarter of 2019
  • Free cash flow significantly improved
  • Issue of a new corporate bond and early redemption of the 2015/2020 convertible bond has significantly improved the maturity profile
  • SGL Carbon confirms guidance for fiscal year 2020: sales expected slightly below previous year; recurring EBIT approximately 10 to 15 percent below previous year level
  • Dr. Michael Majerus, Spokesman of the Board of Management of SGL Carbon: “The financial development of the fiscal year 2019 conceals the fact that our strategic orientation is correct. This is evident from our growth and the increasing number of contracts and projects we acquired in our strategic core markets. Main drivers are the topics of sustainable mobility and energy as well as digitization. Therefore, we expect that we can grow our consolidated revenue by a mid to high single-digit percentage per year on average between 2020 and 2024.“

The fiscal year 2019 developed very differently in the two business units of SGL Carbon. The record results in the graphite specialities business could not fully compensate for the weak development in the market segments Wind Energy, Textile Fibers and Industrial Applications in the carbon fiber business. Group sales grew by 4 percent to 1.1 billion euros. Recurring Group EBIT declined by 25 percent to 48 million euros. Due to the ongoing weakness in the market segments Textile Fibers and Industrial Applications the business unit CFM recorded a non-cash impairment loss of 75 million euros in the third quarter of 2019. With minus 90 (prior year: plus 41) million euros, consolidated Group result declined significantly compared to last year’s good results. The Group confirms its guidance for 2020 published in October 2019.

Group sales are expected to decline slightly compared to the prior-year level, whereas Group recurring EBIT is expected to reach a result around 10 to 15 percent below the prior-year level. Consolidated net result of the Group in 2020 should strongly improve compared to prior-year level to a low double-digit loss.

More information:
SGL Carbon
Source:

SGL Carbon

02.03.2020

TESCA announces the acquisition of Willy SCHMITZ

TESCA and Willy SCHMITZ announce that they have closed a transaction whereby TESCA is acquiring the business of Willy SCHMITZ and its operations, located in Germany.

TESCA, headquartered in Paris France, is a major supplier of automotive fabrics, value added textile parts and seating components. TESCA employs 3,500 people and operate 22 facilities globally.

Willy SCHMITZ, headquartered in Monchengladbach, Germany is a major supplier of fabrics to the German automotive manufacturers, but also to other industries, including via its affiliated company OGUS. Willy SCHMITZ employs 150 people and operates in two facilities in Germany.

“The TESCA and Willy SCHMITZ businesses are very complementary in terms of customer interface and geography”, said Carl de Freitas, TESCA CEO. “Merging our activities will provide a broader more efficient platform to support our customers globally.”

TESCA and Willy SCHMITZ announce that they have closed a transaction whereby TESCA is acquiring the business of Willy SCHMITZ and its operations, located in Germany.

TESCA, headquartered in Paris France, is a major supplier of automotive fabrics, value added textile parts and seating components. TESCA employs 3,500 people and operate 22 facilities globally.

Willy SCHMITZ, headquartered in Monchengladbach, Germany is a major supplier of fabrics to the German automotive manufacturers, but also to other industries, including via its affiliated company OGUS. Willy SCHMITZ employs 150 people and operates in two facilities in Germany.

“The TESCA and Willy SCHMITZ businesses are very complementary in terms of customer interface and geography”, said Carl de Freitas, TESCA CEO. “Merging our activities will provide a broader more efficient platform to support our customers globally.”

More information:
Tesca Willy Schmitz GmbH Ogus Netze
Source:

Agence Apoce

Hexcel at JEC World 2020
Hexcel at JEC World 2020
25.02.2020

Hexcel at JEC World 2020

Hexcel’s Leading Position in Aerospace and Automotive Makes Hexcel a Trusted Partner for Urban Air Mobility

At this year’s JEC World in Paris on March 3-5, Hexcel will highlight the growing need for innovations in composite materials to support the emerging Urban Air Mobility (UAM) market.

Urban air mobility – urban transportation systems that move people by air or enable cargo deliveries – is the next big transportation innovation. Similar to taxis or ride sharing today, UAM will help remove congestion from our streets and provide a convenient, rapid method for travel in urban centers as well as in remote areas.

Advanced composite materials will be at the heart of UAM vehicles by providing lightweight, efficient, reliable, and cost-competitive options for manufacturing. “Materials have been a key driver of efficiency for aircraft today, and they will be even more important for the emerging UAM marketplace,” said Imad Atallah, Director of Strategic Marketing for Aerospace and Urban Air Mobility at Hexcel.

Hexcel’s Leading Position in Aerospace and Automotive Makes Hexcel a Trusted Partner for Urban Air Mobility

At this year’s JEC World in Paris on March 3-5, Hexcel will highlight the growing need for innovations in composite materials to support the emerging Urban Air Mobility (UAM) market.

Urban air mobility – urban transportation systems that move people by air or enable cargo deliveries – is the next big transportation innovation. Similar to taxis or ride sharing today, UAM will help remove congestion from our streets and provide a convenient, rapid method for travel in urban centers as well as in remote areas.

Advanced composite materials will be at the heart of UAM vehicles by providing lightweight, efficient, reliable, and cost-competitive options for manufacturing. “Materials have been a key driver of efficiency for aircraft today, and they will be even more important for the emerging UAM marketplace,” said Imad Atallah, Director of Strategic Marketing for Aerospace and Urban Air Mobility at Hexcel.

Already, Hexcel is a leader in advanced composite materials for the aerospace market and is a key supplier of composite materials to the automotive industry. So, the company is well positioned to offer solutions to meet the critical needs of high-rate and quick-part manufacturing cycles, in addition to low-cost needs for this space. Hexcel’s materials solutions approach for UAM is to make it greener and more sustainable, safer, more comfortable, and more affordable.

Hexcel’s broad range of carbon fiber and HexPly® prepreg solutions, including snap cure thermosets and thermoplastics, coupled with the most qualified positions on aerospace programs in the industry make the company a trusted partner for UAM. In addition to offering composite materials from carbon fibers, prepregs, honeycomb and reinforcements, Hexcel’s best-performing market solution in noise absorption on aircraft jet engines, Acousti-Cap®, provides a strong position of innovation to solve one of the most critical problems in the UAM space – community noise. “We are applying our technologies to the unique needs of urban air mobility vehicles,” Atallah said.

Hexcel’s ability to bring materials technology from the aerospace and automotive industries represents a unique strength in solving the critical challenges of UAM, especially around high-rate manufacturing, low-cost materials, light weighting, and noise. “Both thermoplastics and quick-cure thermoset materials are expected to have applications on UAM vehicles,” Atallah said. Furthermore, Hexcel’s broad product portfolio including unsized carbon fiber has proven to be the most compatible with thermoplastic resins from a consolidation perspective.

More information:
Hexcel JEC World
Source:

AGENCE APOCOPE

Sicomin Launches New Bio Systems at JEC World 2020. (c) Sicomin
Sicomin Launches New Bio Systems at JEC World 2020.
17.02.2020

Sicomin Launches New Bio Systems at JEC World 2020.

Sicomin continues to assert itself as the leading formulator and supplier of high-performance, bio-based epoxy resin systems with the launch of new bioresins at JEC World 2020, Hall 6, Booth 43. The group will unveil a variety of products that are each available in industrial quantities for series production within Automotive, Wind Energy and Civil Engineering.

Sicomin continues to assert itself as the leading formulator and supplier of high-performance, bio-based epoxy resin systems with the launch of new bioresins at JEC World 2020, Hall 6, Booth 43. The group will unveil a variety of products that are each available in industrial quantities for series production within Automotive, Wind Energy and Civil Engineering.

Bio Fire Retardant Epoxy Gelcoat for Wind Energy and Infrastructure
Sicomin will showcase SGi 128, an innovative intumescent epoxy gelcoat developed specifically for fire retardant coating applications for critical components found in the Wind Energy and Civil Engineering markets.
SGi 128 Gelcoat is produced with 38% of its carbon content derived from non-oil sources and is a halogen free gelcoat that provides outstanding fire protection for epoxy laminates and extremely low smoke toxicity. Available with both fast and slow hardeners, this easy to apply epoxy system forms a much tougher and waterproof part surface than traditional intumescent coatings. Sicomin’s SGi 128 is available in industrial volumes with short lead times and has been successfully tested to EN 13501 (EUROCLASS B-S1-d0) and ASTM E84 (Class A).

NEW Bio Resin for HP-RTM processing for Automotive
Sicomin’s new bio-resin specifically formulated for HP-RTM processing, SR GreenPoxy® 28, is the sixth product in Sicomin’s renowned GreenPoxy® range. SR GreenPoxy® 28 is a fast cycle, low toxicity, third generation bio-based formulation aimed specifically at the HP-RTM moulding processes used for both high performance Automotive structural parts and aesthetic carbon fibre components. The new formulation has been optimized for fast production cycle times and superior mechanical performance and is a more sustainable alternative to traditional resins providing exceptional performance and quality for high volume programmes.

GreenPoxy® InfuGreen 810 on display with the GREENBOATS Flax 27 Daysailer on the JEC Planets
With very low viscosity at room temperature, InfuGreen 810 has been formulated to support manufacturers seeking bio-based alternatives for producing parts using injection or infusion techniques. Produced with 38% plant-based carbon content, InfuGreen 810 holds the DNV GL certification, providing extra assurance of the product’s quality, efficiency and safety standards. This high-performance epoxy infusion system is demonstrated at JEC World through the display of the GREENBOATS Flax 27 daysailer on the JEC Planets.

More information:
JEC World Sicomin
Source:

100percentmarketing

Tailor-made large-scale fabrics production at SGL Carbon in Wackersdorf, Germany (c) SGL Carbon
Tailor-made large-scale fabrics production at SGL Carbon in Wackersdorf, Germany
07.02.2020

JEC World 2020: SGL Carbon presents new solutions

At this year’s JEC World, the largest trade fair for composites held from March 3-5, 2020 in Paris, SGL Carbon will focus on the topic of serial production for the automotive, aerospace and industrial sectors. The key is customized solutions with individual component designs combined with tailored materials and production processes ready for large scale production. Under the motto “The Solution Provider,” the company will present selective innovative component solutions from all three areas in Hall 6, Booth D25. Furthermore, as an example for industrial applications, SGL Carbon will showcase at the JEC world a crossbeam made of carbon fiber reinforced plastics (CFRP) used in automated Schuler press lines.

At this year’s JEC World, the largest trade fair for composites held from March 3-5, 2020 in Paris, SGL Carbon will focus on the topic of serial production for the automotive, aerospace and industrial sectors. The key is customized solutions with individual component designs combined with tailored materials and production processes ready for large scale production. Under the motto “The Solution Provider,” the company will present selective innovative component solutions from all three areas in Hall 6, Booth D25. Furthermore, as an example for industrial applications, SGL Carbon will showcase at the JEC world a crossbeam made of carbon fiber reinforced plastics (CFRP) used in automated Schuler press lines.

  •    Composite battery enclosures for e-mobility
  •    Flexible new leaf spring generation for rear axles
  •    Innovative component designs for passenger airplanes, helicopters and air taxis
  •    Extremely lightweight and stable transfer beam for mechanical engineering

Selective applications with focus on serial production
In the field of automotive applications, SGL Carbon will present at the JEC World composite battery enclosures as a promising new application driven by increasing demand for electric vehicles and the resulting new flexible chassis platforms. The company demonstrates a prototype of a battery enclosure based on carbon fibers. However, hybrid composites with a mixture of glass and carbon fibers are also possible.

In the aerospace sector, SGL Carbon is also expanding its portfolio of realized projects and expertise relying on the trend to use more efficient materials and processes in this industry too.
In the area of primary structure components, the company will present a demo exhibit for the door frame of a passenger airplane realized in collaboration with external partners and based on 50k carbon fiber from the SGL Carbon, which is suitable for serial production.

Live simulations and intense exchange at the booth
Visitors can experience live how their ideas can be implemented both sustainably and cost-effectively in composites thanks to simulations. Experts from the company’s own Lightweight and Application Center demonstrate the path from the concept to virtual prototypes using simulation software, with the result visible either to the entire audience or just individual visitors. To prepare, interested parties can contact the team now at the following link: https://www.sglcarbon.com/anmeldung-jec.

On March 4, 2020, the SGL Carbon stand will host its traditional get-together for customers and friends starting at 4 p.m. – no registration necessary.
 

More information:
SGL Carbon JEC World
Source:

SGL Carbon

Composite car seat back (c) NaCa Systems
Composite car seat back
05.02.2020

Hexcel and NaCa Systems develop hybrid carbon and wood fiber

Hexcel is collaborating with NaCa Systems, a Tier 1 supplier of natural fiber composite automotive interior parts, on the development of a lightweight carbon fiber prepreg and wood fiber composite sportscar seat back using a rapid press molding process. This innovation validates a short cycle time production process for CFRP and wood fiber composite parts and offers a host of benefits to automotive manufacturers.

Hexcel supplies NaCa Systems with an optimized version of its HexPly® M77CS epoxy prepreg material. HexPly® M77CS is a fast curing hotmelt, thermosetting epoxy matrix, specifically designed for prepreg applications for which short cure cycles and clear surfaces with perfect aesthetics are required.

The lightweight seat back demonstrates a 40% weight saving compared to a typical injection molded plastic component whilst also featuring a significantly improved CO2 footprint vs a full carbon part. The prepreg and wood fiber structure doesn’t produce sharp edged pieces when damaged. In addition, wood fiber composites also increase sound absorption, contributing to improved NVH damping within the vehicle interior.

Hexcel is collaborating with NaCa Systems, a Tier 1 supplier of natural fiber composite automotive interior parts, on the development of a lightweight carbon fiber prepreg and wood fiber composite sportscar seat back using a rapid press molding process. This innovation validates a short cycle time production process for CFRP and wood fiber composite parts and offers a host of benefits to automotive manufacturers.

Hexcel supplies NaCa Systems with an optimized version of its HexPly® M77CS epoxy prepreg material. HexPly® M77CS is a fast curing hotmelt, thermosetting epoxy matrix, specifically designed for prepreg applications for which short cure cycles and clear surfaces with perfect aesthetics are required.

The lightweight seat back demonstrates a 40% weight saving compared to a typical injection molded plastic component whilst also featuring a significantly improved CO2 footprint vs a full carbon part. The prepreg and wood fiber structure doesn’t produce sharp edged pieces when damaged. In addition, wood fiber composites also increase sound absorption, contributing to improved NVH damping within the vehicle interior.

The NaCa Systems seat back will be on display on the Hexcel stand at JEC World 2020.

More information:
Hexel NaCa
Source:

100percentmarketing 

Monforts: Half a century of excellence (c) A. Monforts Textilmaschinen GmbH & Co. KG
Monforts: Half a century of excellence
20.01.2020

Monforts: Half a century of excellence

The origins of both Industry 4.0 and an awareness of the need for more sustainable manufacturing methods can arguably be traced back to the year 1971.

It was in 1971 that the first microprocessor was introduced by Intel, and also that the first and perhaps now most well-known environmental campaigner, Greenpeace, was founded.

As such, a direct line can be charted from that year to today’s automated textile manufacturing machinery concepts, as well as the drive to develop more increasingly resource-efficient processes.

All of the recent innovations which have been introduced to the market by A. Monforts Textilmaschinen GmbH & Co. KG, for example, are being powered by the possibilities of Industry 4.0 and developed in response to the market demand for more sustainable production.

The origins of both Industry 4.0 and an awareness of the need for more sustainable manufacturing methods can arguably be traced back to the year 1971.

It was in 1971 that the first microprocessor was introduced by Intel, and also that the first and perhaps now most well-known environmental campaigner, Greenpeace, was founded.

As such, a direct line can be charted from that year to today’s automated textile manufacturing machinery concepts, as well as the drive to develop more increasingly resource-efficient processes.

All of the recent innovations which have been introduced to the market by A. Monforts Textilmaschinen GmbH & Co. KG, for example, are being powered by the possibilities of Industry 4.0 and developed in response to the market demand for more sustainable production.

They include the new ‘digital twinning’ capability introduced in 2019 for all Monforts machines, with advanced sensor technologies which make it possible to access comprehensive technical machine data from any location using the company’s Smart Support and Smart Check apps. In addition, the digital twin system provides information on individual wear parts, such as, for example, converters or gears.

These latest developments have been very favourably received by Monforts customers, especially in Europe.

50th anniversary
The very first Heimtextil – the leading trade fair for the home textiles market – was also held in Frankfurt in January 1971 and Monforts customers Bierbaum Group and Konrad Hornschuch AG are amongst the German companies who were there from the very start and have attended every annual show since.

Bierbaum Group, based in Borken, is the company behind the well-known Irisette bedding brand and is celebrating its own 125th anniversary in 2020. It has also introduced products bearing the German government’s new Grüner Knopf textile seal of approval for sustainable production.

As a specialist in synthetic leathers for home surfaces, as well as vehicle interiors, Konrad Hornschuch AG, of Weissbach, has been a member of the €44 billion automotive giant Continental AG since 2016.

Representatives from both companies received memorial trophies at a special presentation held on January 7th during the 50th anniversary Heimtextil show.

The home textiles market remains very strong in Germany, with sales amounting to some €9.6 billion in 2019, according to analyst IFH Cologne.

Global growth
The first Heimtextil in 1971 was a significant success, attracting 679 exhibitors from 26 countries.

This year’s show, however, attracted a total of 2,952 exhibitors from 66 countries, reflecting not only the growth of the home textiles industry, but also the globalisation which has taken place over the last half century.

Monforts now has customers for its advanced finishing technologies around the world, with home textile customers from India and Pakistan being particularly well represented at Heimtextil 2020.

Among stand outs from Indian companies at this year’s show was the 2020 collection of Welspun India’s famous Christy England brand, inspired by botanical studies of the gardens of British stately homes. Welspun towels meanwhile benefit from the company’s HygroCotton hollow core yarn technology, produced by a proprietary spinning method which ensures they become softer, fluffier and more absorbent after every wash.

An equally ground-breaking new technology is being introduced by Trident Group, which is one of India’s largest vertically-integrated home textiles manufacturers and two years ago installed five complete Monforts finishing ranges for its new linen department.

Trident’s patented Air Rich yarns feature pores throughout their cross sections for high breathability and absorbency, as well as rapid drying.

Monforts home textile customers from Pakistan stressed the resource efficiency of their processes and products as a result of investments in advanced technology, and during the show the ‘Sustainable Pakistan’ initiative was announced.

Supported by GIZ, the German Society for International Cooperation, the initiative aims to reshape global perceptions of Pakistan’s manufacturers and their innovations. So far, twenty producers have been carefully chosen to be presented on this global platform and will help rebrand Pakistan’s textile industry at the Heimtextil exhibitions going forward.

Heimtextil’s organiser Messe Frankfurt also announced its own new alliance with the United Nations Office for Partnerships, in order to support the UN’s Sustainable Development Goals.

Constancy
Many things have changed since 1971 and home interiors are certainly no longer predominantly orange and brown – and perhaps unlikely to ever become so again.

It’s clear, however, that there has been a constancy in the push to consistently improve textile technologies, processes and products that may have originated in Europe, but have subsequently spread around the world.

And the significance of both microprocessors and sustainability in 2020 could only have been guessed at back in 1971.

 

(c) SGL Carbon
15.01.2020

SGL Carbon: New production hall at the Bonn site

  • Increasing demand for graphite-based automotive solutions
  • Strengthening SGL Carbon’s site in Bonn

Over the past three years, SGL Carbon has invested a total of around 25 million euros in the modernization and expansion of its production capacities for specialty graphite automotive components at the Bonn site. The expansion project was completed at the end of last year and was inaugurated today at the site in an official ceremony. Besides the installation of partly new production facilities and a modernized production set-up, construction of a new, 2,000 m2 large hall for the production of the parts was implemented in the course of the expansion.

  • Increasing demand for graphite-based automotive solutions
  • Strengthening SGL Carbon’s site in Bonn

Over the past three years, SGL Carbon has invested a total of around 25 million euros in the modernization and expansion of its production capacities for specialty graphite automotive components at the Bonn site. The expansion project was completed at the end of last year and was inaugurated today at the site in an official ceremony. Besides the installation of partly new production facilities and a modernized production set-up, construction of a new, 2,000 m2 large hall for the production of the parts was implemented in the course of the expansion.

The background of the expansion is the continuously increasing demand for advanced solutions and products made from graphite in the automotive sector. Due to its durability, high strength, low friction behavior, and high conductivity, the material is suitable for many different automotive applications. Examples include rotors and vanes in vacuum pumps for brake boosters, bearings for exhaust gas management, and sealing rings and bearings for seals in coolant pumps. These solutions include applications for vehicles with conventional combustion engines as well as for e-mobility, thereby making an important contribution to clean driving, higher energy efficiency, and lower emissions.

“Automotive components made from specialty graphite are increasingly becoming the standard in many different applications in the automotive industry. Due to their special properties, they are more and more frequently replacing the materials previously used in pumps and seals, such as plastic and metal. By investing in the modernization and expansion of production in Bonn, we are consolidating our leading position in this market and offering our customers real added value in the close partnership with each other. Through the expansion, we are also strengthening our site in Bonn,” explains Burkhard Straube, President of the business unit Graphite Materials & Systems.

More information:
SGL Carbon
Source:

SGL Carbon

SGL Carbon: Großauftrag für Batteriegehäuse (c) SGL Carbon
SGL Carbon: Großauftrag für Batteriegehäuse
13.01.2020

SGL Carbon: Contract for composite battery enclosures

  • New composite e-mobility application gains momentum
  • Strengthening regional footprint in North America
  • Potential for further extensions

Following the production of first prototypes of battery enclosures for a Chinese automotive manufacturer in 2018, SGL Carbon has now received a contract from a North-American automaker for high-volume serial production of carbon and glass fiber-based composite top and bottom layers for battery enclosures. The serial production of the components will start end of 2020. The carbon fibers and fabrics as well as the assembled components come from SGL Carbon’s fully integrated value chain. On top of this order, there is the potential for more extensions with further substantial volumes for the shared platform business of the manufacturer.

In addition, SGL Carbon has won a smaller volume contract from a European sports car manufacturer to serially produce bottom layers made of composite as of mid-2020. The company is additionally in talks with further automakers to develop and manufacture battery enclosure solutions for their e-car platforms.

  • New composite e-mobility application gains momentum
  • Strengthening regional footprint in North America
  • Potential for further extensions

Following the production of first prototypes of battery enclosures for a Chinese automotive manufacturer in 2018, SGL Carbon has now received a contract from a North-American automaker for high-volume serial production of carbon and glass fiber-based composite top and bottom layers for battery enclosures. The serial production of the components will start end of 2020. The carbon fibers and fabrics as well as the assembled components come from SGL Carbon’s fully integrated value chain. On top of this order, there is the potential for more extensions with further substantial volumes for the shared platform business of the manufacturer.

In addition, SGL Carbon has won a smaller volume contract from a European sports car manufacturer to serially produce bottom layers made of composite as of mid-2020. The company is additionally in talks with further automakers to develop and manufacture battery enclosure solutions for their e-car platforms.

“Driven by the increasing need for e-cars worldwide and thus for new flexible chassis platforms, our composite battery enclosures are a very promising new application in our product portfolio. The recent contract wins show that our approach of developing custom-made solutions based on our integrated value chain offers an excellent value proposition”, says Sebastian Grasser, Head of Automotive Segment.

More information:
SGL Carbon
Source:

SGL Carbon

autoneum
autoneum
19.12.2019

autoneum: Major shareholders underline their commitment with subordinated loans

The two major shareholders Michael Pieper and Peter Spuhler have granted Autoneum Holding Ltd two subordinated loans of CHF 20 million each. This not only emphasizes their personal and financial engagement, but also their confidence in the Company. The loans have a fixed term until January 15, 2021. Michael Pieper explained: “Strategically and with its product portfolio, the Company is very well positioned for the challenges related to the transformation of the automotive industry.” Peter Spuhler underlined: “The loan is a sign of my confidence in the Company and its potential.”

The two major shareholders Michael Pieper and Peter Spuhler have granted Autoneum Holding Ltd two subordinated loans of CHF 20 million each. This not only emphasizes their personal and financial engagement, but also their confidence in the Company. The loans have a fixed term until January 15, 2021. Michael Pieper explained: “Strategically and with its product portfolio, the Company is very well positioned for the challenges related to the transformation of the automotive industry.” Peter Spuhler underlined: “The loan is a sign of my confidence in the Company and its potential.”

More information:
Autoneum
Source:

autoneum

10.12.2019

Myant Announces Joint Venture with Osmotex AG

Myant Inc. and Osmotex AG have agreed to enter into a joint venture for the commercialization of Osmotex’s HYDRO_BOT active membrane technology across various textile-based applications. The integration of HYDRO_BOT with Myant’s existing portfolio of textile-based sensing and actuating capabilities opens up new possibilities across a wide range of domains including sweat/moisture management and thermal regulation.

Myant Inc. and Osmotex AG have agreed to enter into a joint venture for the commercialization of Osmotex’s HYDRO_BOT active membrane technology across various textile-based applications. The integration of HYDRO_BOT with Myant’s existing portfolio of textile-based sensing and actuating capabilities opens up new possibilities across a wide range of domains including sweat/moisture management and thermal regulation.

HYDRO_BOT technology is capable of moving 200 liters of fluid across a square meter of textile every hour via an electroosmotic process, providing a practically limitless ability to manage moisture in textile applications. Applied in conjunction with Myant’s existing capability to deliver heat via textile and to achieve effective passive moisture wicking via novel knitted structures, the combination of technologies is poised to dramatically improve the ability to regulate body temperature in applications such as personal protective equipment for workers in heavy industry, protective gear for workers in hot desert-like climates, performance wear like snow suits or skiing apparel in cold climates, footwear, motorcycling apparel, and more. In addition to apparel, significant market opportunities exist in the moisture management as applied to the automotive industry and in the healthcare industry.

“The creation of this joint venture between Myant and Osmotex reinforces our mission to develop textiles as bidirectional interfaces to the human body capable of optimizing health and performance across all spheres of life,” said Tony Chahine, founder and CEO of Myant. “Our team is excited to begin integrating HYDRO_BOT into our textiles and bringing this transformative technology to market.”

“We are excited to be working together with Myant to realize the full potential of the HYDRO_BOT technology,” said Joacim Holter, Managing Director and Chairman of the Board for Osmotex AG. “Myant’s ability to integrate our technology and to produce at scale all under one roof made them an ideal partner to help make our vision a reality.”

More information:
Myant Osmotex
Source:

Myant Inc.

09.12.2019

Updated short- and mid-term outlook

Following an in-depth analysis of the current business situation conducted by the new Group Management, Autoneum expects a net loss in the high double-digit million range for the full year 2019 due to the situation in North America and related one-time charges from impairments. Therefore, achieving the communicated mid-term targets will take more time.

A comprehensive assessment by the new Group Management focusing on Business Group North America and taking into account the course of business from January to November 2019 led to a revaluation of the situation. It has become apparent that the problems in North America are not limited to two US plants and deficient ramp-ups there. Accordingly, a comprehensive turnaround program focusing on operational excellence and the improvement of cost structures is being developed and implemented in Business Group North America.

Following an in-depth analysis of the current business situation conducted by the new Group Management, Autoneum expects a net loss in the high double-digit million range for the full year 2019 due to the situation in North America and related one-time charges from impairments. Therefore, achieving the communicated mid-term targets will take more time.

A comprehensive assessment by the new Group Management focusing on Business Group North America and taking into account the course of business from January to November 2019 led to a revaluation of the situation. It has become apparent that the problems in North America are not limited to two US plants and deficient ramp-ups there. Accordingly, a comprehensive turnaround program focusing on operational excellence and the improvement of cost structures is being developed and implemented in Business Group North America.

As a result of the slowdown in the automotive industry and the continuing low market level forecasted in the medium term, the cost structure at the Group’s headquarters in Winterthur, Switzerland, has been adjusted, among other things, by selective staff reduction. To further reinforce new mobility activities, they will be concentrated at the Research and Technology Center in Winterthur. This will include the relocation of the Competence Center New Mobility from Sunnyvale (CA), USA, to Winterthur.

Due to the continuing losses of Business Group North America, Autoneum expects a net loss for the financial year 2019 in the high double-digit million range. In addition to current operating losses, this also includes one-time charges from impairments which are not cash-effective. To achieve the Group’s mid-term targets announced in March (“2019 Year of tidying, 2020 Year of transition, 2021 Return to sound profitability level), an additional year will therefore be needed.

More information:
Autoneum Management AG
Source:

Autoneum Management AG