Teijin Limited has completed the acquisition of all the shares of Continental Structural Plastics Holdings Corporation (CSP), a global leader in automotive lightweight composite technologies. This US$825-million acquisition was completed on January 3rd, Eastern Standard Time.
Oerlikon Barmag secured an above-average number of industrial yarns projects in 2016, and once again confirmed the general trend within the context of ITMA Asia + CITME last October. The new systems that will be commissioned over this year are primarily focused on the Asian region. However, manufacturing industrial yarns is also interesting for producers in Europe due to the comparably higher margins and specialized areas of application. Oliver Lemke, Regional Sales Director at Oerlikon Barmag, says, “We are experiencing huge demand for industrial yarn systems. Customers are asking for products that offer an interesting margin, such as specialties and industrial yarns.” Stefan Becker, Senior Expert Research and Development, adds, […]