Sector News

Bayer MaterialScience buys composite materials specialist

March 3, 2015
Chemical Value Chain
Through a business acquisition in southern Germany, Bayer MaterialScience has expanded its position on the future-oriented market for composite materials. The company on Monday concluded the takeover of Thermoplast Composite GmbH (TCG) in Langenfeld, near Nuremberg, a technology leader specializing in the production of thermoplastic fiber composites. Bayer MaterialScience will use the acquisition to expand its range of products for important industries and thereby strengthen its leading position.
 
The company intends to market composites made from continuous fiber-reinforced thermoplastics (composites). This is a new class of particularly thin and lightweight materials, whose properties offer superior performance in existing solutions based on aluminum, for example.
 
Production expansion planned
 
The takeover of TCG gives Bayer MaterialScience access to innovative technology know-how as well as key patents and facilities. All employees are to be retained. Bayer MaterialScience plans to expand TCG’s production capacity, the first step being to expand production in the Nuremberg metropolitan region. Capacities in other regions will be added subsequently to optimally supply customers.
 
Bayer MaterialScience is already active in the development and marketing of composite solutions based on polyurethane systems. “We are seeing significant demand and growth opportunities for composites made from thermoplastic materials such as polycarbonate,” said Dr. Markus Steilemann, member of the company’s Executive Committee and Head of the Polycarbonates Business Unit. “By getting into the development and production of the corresponding composites, we want to become one of the driving forces in this industry. We expect promising opportunities above all in the IT, automotive and transportation industries, as well as in consumer goods, which would further strengthen our position.”
 
Bayer MaterialScience has long been supplying numerous industries with products and application solutions based on polycarbonate and its associated blends. This material is extremely lightweight, strong, freely formable, easy to process and can be recycled multiple times. The company has also been working for some time now on the development of polycarbonate composites. “By acquiring TCG, we have now filled the last gaps in our processing technology know-how,” said Dr. Olaf Zöllner, Head of Polycarbonate Applications Development for Europe.
 
Composites offer numerous advantages
 
Bayer MaterialScience believes that polycarbonate composites are highly suited to such things as fabricating premium housings for the IT industry. These composites are an answer to the trend towards smaller dimensions and an impression of quality. And there is a number of additional advantages. “Hardware made of polycarbonate composites feels like metal, but is significantly lighter,” said Zöllner. He further points out the good shapeability of the material and its quality look and feel. What is more, the material offers cost advantages in processing.
 
In the automotive industry, for example, such composites help to make motor vehicles lighter and more efficient. “In this segment, we think polycarbonate composites are capable of significantly reducing weight over solutions made of aluminum,” Zöllner added.
 
Dr. Herbert Börger and Ingolf Knaup, managing partners of TCG, see great benefits for their company in the partnership with Bayer MaterialScience. TCG could now more quickly and comprehensively realize the industrial manufacturing and broad-based market introduction of unidirectional thermoplastic advanced composites based on the innovative and patented proprietary technology platform. Consequently, the purchase would be the next logical step in TCG’s successful development.
 
Thermoplast Composite GmbH was established in 2007 and currently has twelve employees. In addition to performance fiber composites with a thermoplastic matrix, the company also specializes in ultra-lightweight foams and engineering services.
 
Source: Bayer MaterialScience:

Related News

February 21, 2021

Dow’s new bio-based polyolefin elastomers secure carbon savings for Henkel’s hot melt adhesives

Chemical Value Chain

Elastomers are special polymers with high elasticity. Affinity RE is one of the first bio-based, high-performance polyolefin elastomers on the market, Dow indicates.

February 21, 2021

Austria’s largest green-hydrogen plant being constructed at OMV refinery 

Chemical Value Chain

OMV AG (Vienna, Austria) and Kommunalkredit Austria AG (Kommunalkredit) have announced a joint investment in the construction of Austria’s largest electrolysis plant in the OMV Schwechat Refinery.

February 21, 2021

Dow Inc seeks buyers for German chemical parks infrastructure: sources

Chemical Value Chain

U.S. chemicals maker Dow Inc has put German infrastructure assets up for sale in a potential 800 million euro ($966 million) deal as it seeks cash for investment elsewhere, sources close to the matter told Reuters.

Send this to a friend