Owens Corning Joins BASF & Tencate in Thermoplastics Alliance
TenCate and BASF have welcomed Owens Corning as partner in their strategic alliance for thermoplastic automotive composites.
Owens Corning is a leading global producer of glass fiber reinforcements for composite systems. The goal of the alliance is to develop optimal solutions in thermoplastic composites for automotive mass production.
In this new strategic alliance Owens Corning will bring the technology to develop custom-made fabrics and glass reinforcement solutions, BASF will contribute its knowledge in the production and formulation of thermoplastic resins and TenCate will bring its expertise in composites manufacturing.
Global emission standards for vehicles continue to increase the need for lighter vehicles that maintain strength and durability. Compared to metal parts, fibre reinforced plastic composites can be 30 to 50% lighter. Thermoplastic composites help increase fuel efficiency in automobiles and reduce costs for consumers. Thermoplastic processing also dramatically reduces production cycle times. Additionally, these products have no limitations in shelf life and can be recycled.