AZDEL Inc.
AZDEL Inc. manufactures high-performance thermoplastic composites designed for both interior and exterior applications across many different industries. Major segments served include automotive, heavy truck, recreational vehicles, industrial, and other transportation applications. AZDEL, Inc. is an affiliate of Hanwha Living & Creative (L&C) Corporation, which is a division of Hanwha Corporation, a major Korean company with 30,000 employees worldwide.
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SABIC Innovative Plastics and Azdel, Inc. Launch IXIS® Automotive Composites that Skimp on Weight, Not Performance
BERGEN OP ZOOM, The Netherlands – September 22, 2008 – In the ongoing search for new ways to reduce vehicle weight, automotive OEMs and tiers have been looking for a better alternative to steel, aluminum and thermosets for large, aerodynamic, horizontal body panels. Now, SABIC Innovative Plastics and Azdel, Inc. have launched their new hybrid thermoplastic composite grade, IXIS® 157 composite, a continuous glass-fiber-reinforced sandwich composite for automotive horizontal body panels.
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Hanwha Acquires AZDEL, Inc. from SABIC Innovative Plastics, PPG Industries
FOREST, Virginia – November 20, 2007 – Hanwha Living & Creative (L&C) Corporation announced today that it has finalized the acquisition of AZDEL Inc., a 50/50 joint venture of SABIC Innovative Plastics (formerly GE Plastics) and PPG Industries. The acquisition of AZDEL will allow Hanwha to expand its offering of composite and advanced material solutions for the transportation and industrial segments. Terms were not disclosed.
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| Redactionele contacten |
Bill Mills
Automotive Marketing Director |
| AZDEL Inc. | | Tel : | +1 614 210 0430 | | E-mail : | bmills@azdel.com |
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Mike Birrell
Director, Exterior Composites |
| AZDEL Inc. | | Tel : | +44 1763 852 174 | | E-mail : | birrells@aol.com |
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| Tessa Vroegop |
| Marketing Solutions NV | | Tel : | +31 164 317 013 | | Fax : | +31 164 317 039 | | E-mail : | tvroegop@marketingsolutions.be |
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