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MOSCOW (MRC) -- Japan’s Sekisui
Chemical Co. Ltd. has acquired carbon fibre parts manufacturer AIM Aerospace,
based in Renton, Wash., for an undisclosed amount, said Canplastics.
As
a result of the purchase, the company will change its name to Sekisui
Aerospace.
"The acquisition of Sekisui Aerospace continues Sekisui’s
commitment to investing in growth markets with high-quality and principled
companies that share our corporate values,” Ian Moran, president of subsidiary
Sekisui America, said in a statement. “The addition of Sekisui Aerospace creates
new value for our shareholders, customers, communities and
employees."
Founded in 1988, Sekisui Aerospace manufactures advanced
composite structures, systems, engine components, assemblies and thermoplastic
technology for the aerospace industry.
With more than 1,000 employees,
the company operates manufacturing centers of excellence as well as a research
and technology centre at locations in the U.S. states of Washington and Iowa.
Sekisui Aerospace is a fully integrated, diversified composites supplier and
includes Quatro Composites.
As MRC informed earlier,
Sumitomo Chemical and Sekisui Chemical (Tokyo) said that they are combining
their respective polyolefin films business under a new joint venture.
AS
per MRC's ScanPlast,
October total production of unmixed PVC was about 88,500 tonnes versus 89,400
tonnes a month earlier, SayanskKhimPlast and RusVinyl increased their capacity
utilisation last month. Overall PVC production reached 809,000 tonnes in
January-September 2019, compared to 784,900 tonnes a year earlier. All plants
raised their output, except for Kaustik Volgograd.
Sekisui Specialty
Chemicals is an industry leader in research and development of polyvinyl alcohol
(PVOH) products. |
