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4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Koninklijke Ten Cate    KTC   NL0000375749

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TEN CATE : Cate qualified to supply composite material for leading global automotive customer

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12/12/2012 | 08:05am CEST
TenCate Advanced Composites has been successful in qualifying to supply carbon fibre-reinforced thermoplastic composite material for a leading global automotive customer. Now that the customer-specific development phase for a structural automotive application has been completed, marking the end of the qualification process, structural integrity tests of the final product begin.

The strategic focus of TenCate will initially focus on structural parts and other components which are crucial for the integrity and safety of the vehicle. The demand for lightweight structures in hybrid and electric cars for daily use will grow in the coming years. This will be a gradual process that will evolve through co-development with partners that supply the automotive industry in close cooperation with OEMs.

Dave Clarke, global group director, TenCate Advanced Composites states: "The strategic goal of TenCate is to use our leading position in thermoplastic composites and established industrial manufacturing capabilities to generate solutions for the automotive industry. TenCate has achieved its current position over the past few decades mainly in the aerospace industry with its TenCate Cetex® product portfolio.

The production of lightweight vehicles in larger volumes will become reality by using fibre-reinforced thermoplastics. These advanced materials can substantially speed up and industrialize manufacturing processes for parts and components. Carbon fibre-reinforced composites will in the future no longer be used only in Formula 1 and high-end sports car production, but also be a critical part of mainstream, modern and fuel-efficient vehicles".

 

Royal Ten Cate
Almelo, the Netherlands, Wednesday 12 December 2012

____________________________________________________________________________

Note for the editor:

No digital images available.

TenCate (corporate)
F.R. Spaan, Corporate Director, Business Development & Investor Relations
Telephone : +31 546 544 977
Mobile  : +31 612 96 17 24
E-mail  : ir@tencate.com:
https://owa.emea.tencate.com/OWA/redir.aspx?C=lsLf2xD5O0yEvLUHH0vWHU4FqSN5q89It8nZavHYgB68LmuskE55Wz9d8xjndPIWwyJhXPHC6J8.&URL=mailto%3air%40tencate.com
Internet  : www.tencate.com:
https://owa.emea.tencate.com/OWA/redir.aspx?C=lsLf2xD5O0yEvLUHH0vWHU4FqSN5q89It8nZavHYgB68LmuskE55Wz9d8xjndPIWwyJhXPHC6J8.&URL=http%3a%2f%2fwww.tencate.com%2f

TenCate Advanced Composites is a leader in the development and production of thermoplastic and thermoset prepreg composites for various industries. Its product portfolio is incorporated in automotive products, medical equipment and numerous other applications. TenCate Advanced Composites has production facilities and operations in North America, Europe and Asia.

Royal Ten Cate (TenCate) is a multinational company that combines textile technology with related chemical processes and material technology in the development and production of functional materials with distinctive characteristics. TenCate products are sold worldwide.
Systems and materials from TenCate come under four areas of application: safety & protection, space & aerospace, infrastructure & the environment, and sport & recreation. TenCate occupies leading positions in protective fabrics, composites for space and aerospace, anti-ballistics, geosynthetics and synthetic turf. TenCate is listed on the NYSE Euronext (AMX).


Press release as PDF:
http://hugin.info/130798/R/1664219/539850.pdf



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Koninklijke Ten Cate NV via Thomson Reuters ONE

HUG#1664219
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Loek de Vries President & Chief Executive Officer
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