Secar-Evonik JV to produce lightweight composite materials
Carbon-fibre reinforced composite materials and components manufacturer Secar Technologie and Germany-based Evonik Industries have set up a new joint venture (JV) company, called LiteCon Advanced Composite Products.
Headquartered in Hönigsberg, Austria, the JV company will mass-produce fibre-reinforced composite components for the automotive and aviation industries.
Evonik will provide LiteCon with its materials development expertise, particularly with its experience in developing Rohacell structural foam, while Secar will offer its expertise in mass producing lightweight parts, creating potential for developing new production technologies.
Austria-based Secar will own 51% of the shares in the JV, while specialty chemical manufacturer Evonik holds the remaining amount.
Evonik Performance Polymers Business Unit president Gregor Hetzke said for years now the company's products have supported efforts within the automotive and aviation industries to move toward lightweight construction, and LiteCon is the next step in partnership with those industries.
"LiteCon unites our polymer expertise with SECAR's prowess in composite development and manufacturing, so that our customers can use these synergies to their greatest possible advantage," Hetzke added.
Evonik's Rohacell structural foam is used in sandwich construction applications in airplanes and sports cars, wind turbine rotor blades, X-ray tables for medical applications and in athletic and recreational equipment.
Image: Evonik headquarters in Essen, Germany. Photo courtesy of Wiki05.