New ETF Book by Larry Connors - Click here to read more
Twintex(R) technology will be used by Fiber Glass Industries to produce GLASS POLYPRO(TM) roving and fabrics that combine glass fibers and polypropylene filaments. The proprietary and ready-to-use thermoplastic and glass fiber technology is designed to produce reinforcements with high mechanical properties such as excellent stiffness-to-weight ratio and superior impact resistance. Twintex(R) technology also provides freedom of design and easily recyclable products.
"We are delighted to establish another source of products made with Twintex(R) technology," said Marcio Sandri, vice president and managing director, Americas, for Owens Corning's Composites Group. "The additional availability of reinforcement products made with this innovative technology will extend its use in a variety of processes and markets."
"We are proud to manufacture a new line of co-mingled glass and thermoplastic fibers using industry-leading technology," said Tom Bruce, director of sales and marketing at Fiber Glass Industries. "This will allow for continuity of supply in the U.S. for co-mingled glass and thermoplastic roving products, and also allow us to work with our customers to develop new applications for the products."
Bruce said production of GLASS POLYPRO(TM) roving and fabrics by Fiber Glass Industries will begin in September. Until then, material needs will be provided by Owens Corning.
Earlier this year, an application of Twintex(R) technology received one of the composites industry's highest awards. The honor, awarded at the JEC Composites Show in Paris, the world's largest exhibition for composites materials, was for the products and technology used to make window lineals. The breakthrough technology, using Twintex(R) co-mingled glass fiber and polymer reinforcements, eliminated the need for steel inserts to strengthen the parts, which allowed the manufacturer to eliminate a separate insertion step from the process.
About Owens Corning
Owens Corning is a leading global producer of glass fiber reinforcements and engineered materials for composite systems and residential and commercial building materials. A Fortune 500 company for 55 consecutive years, Owens Corning is committed to driving sustainability through delivering solutions, transforming markets and enhancing lives. Founded in 1938, Owens Corning had sales of $6 billion in 2008 and about 16,500 employees. OCV(TM) Reinforcements, OCV(TM) Technical Fabrics and OCV(TM) Non-Woven Technologies are the three main business units that comprise the Owens Corning's Composites Group. The business delivers a broad range of reinforcement products that provide lightweight alternatives to steel, wood and aluminum, thereby reducing weight and improving energy efficiency. Additional information is available at www.owenscorning.com.
About Fiber Glass Industries
Fiber Glass Industries, Inc. (FGI) of Amsterdam, NY has been a supplier to fiberglass composites manufacturers for more than 50 years. The company started with a full line of woven fiberglass and combination products. From there it installed and continues to operate its own furnace and is now one of the top producers of specialty fiberglass mat and cloth products for closed mold/RTM fiberglass composites manufacturers. FGI also produces high-strength stitch-bonded fiberglass fabrics for a variety of industries. Additional information is available at www.fiberglassindustries.com.
SOURCE Owens Corning
http://www.owenscorning.com
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
