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Cytec announces Middle Eastern aerospace collaboration
Cytec Industries (Woodland Park, NJ), has entered into a "strategic collaboration agreement" with Abu Dhabi, UAE-based investment and industrial company Mubadala Development Company that will support the establishment of an advanced aerospace material ecosystem in the UAE.
December 20, 2013
2 Min Read
Cytec Industries (Woodland Park, NJ), has entered into a "strategic collaboration agreement" with Abu Dhabi, UAE-based investment and industrial company Mubadala Development Company that will support the establishment of an advanced aerospace material ecosystem in the UAE.
Mubadala and Cytec are exploring opportunities to support the ongoing development of the aerostructures industry in the emirate of Abu Dhabi in the UAE. This includes evaluating the creation of prepreg manufacturing capabilities in the emirate, with the commitment of major aircraft OEMS to provide the requisite assistance and qualifications. The intent of the strategic collaboration agreement is formalizing the working structure between both parties to discuss the key areas for development of prepreg manufacturing, applications development capabilities and people development in the UAE.
Mubadala is already a major player in the aerospace sector. At the recent Dubai Airshow, it secured $11.8 billion of deals for the UAE's aerospace and defense sector. These agreements include commitments and partnerships, that:
Generate $4.4 billion of aerostructures manufacturing work packages, through to 2030, to Strata, Mubadala's advanced composite aerostructures manufacturing plant, thus supporting its continuous progress towards becoming a major tier 1 aerostructures supplier. This includes a strategic agreement with Boeing that will increase its long-term role as a Tier 1 supplier. Mubadala has the opportunity to supply as much as $2.5 billion in advanced composites and machined metals to Boeing commercial programs, including the 787 and 777X;
Support Mubadala's aims to develop its capabilities in composite and carbon fiber material production, to expand the supply chain and create a materials ecosystem.
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Boeing has signed an agreement to source composite components from the Middle East. |
Homaid Al Shemmari, Executive Director or Mubadala Aerospace, Communications Technology and Defense Services commented: "This collaboration with Cytec will contribute positively to Mubadala's efforts in creating a complete aerospace supply chain in Abu Dhabi as we remain focused on becoming a leading industry partner in the development of next generation commercial aircraft."
Shane Fleming, Cytec CEO, commented: "Cytec's collaboration with Mubadala is consistent with our growth strategy. This alliance benefits the expansion of aerospace in emerging regions of the world, and we are excited to support the development of new composite applications."
The composite content of next-generation aircraft continues to grow tremendously as manufacturers such as large commercial transport and other sectors look to reduce weight and improve fuel efficiency. Cytec and Mubadala will work together to promote their superior technologies and engineering efforts for selected high-performance carbon composites applications in the structural materials aerospace market.
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