Evonik (Essen, Germany) said it will use the sale proceeds to strengthen its balance sheet and, above all, for targeted growth projects, such as the purchase of PeroxyChem. That deal is expected to close this year.
Lightweight design and excellent surface finish among attributes; capacity expansion at Germany on schedule; in-mold labeling technology deployed in ITC applications; recycled material variants under development
Japan’s Teijin Limited has developed the country’s first prepreg, or carbon fiber sheet, pre-impregnated with bismaleimide (BMI) matrix resin that offers high resistance to both heat and impact, thereby making it ideally suited to use in aerospace engine components.
By combining reclaimed PET with bio-based monomers, researchers envisage making fiber-reinforced composite materials for use in wind turbine blades, snowboards and even automotive parts while slashing energy costs and greenhouse gas emissions.