Toledo, Ohio, May 7, 2003 – Owens Corning and Saint-Gobain today announced plans to form a joint venture to construct a state-of-the-art, innovative manufacturing facility to deliver high-quality glass fiber reinforcements to the growing composites marketplace. The 50/50 joint venture will produce reinforcements to be sold in equal shares through Saint-Gobain Vetrotex and Owens Corning international sales networks. Production and delivery of product is planned for late 2004.
Long glass fiber reinforced composites are renowned for their strength, stiffness and light weight — not their appearance. That perception is now changing. LNP Engineering Plastics, a GE Plastics Company (NYSE:GE), has introduced a new series of long glass fiber reinforced Verton® nylon 6 composites offering a unique combination of strength, stiffness, colorability and a high-quality surface finish. To date, LNP is the only manufacturer offering ”structural aesthetic“ long glass fiber reinforced composites.
Attending its first Scanplast exhibition since integrating the business of MBS Plastics in 2001, Distrupol confirmed its position as a leading European polymer distributor, technical service and solutions provider.
Launching a raft of new product advances to a broad industrial audience at the Hanover Fair in April, confirmed Tsubakimoto’s leadership position in the chain and power transmission market.
KINGSPORT, Tennessee, April 29, 2003- Eastman Chemical Company (NYSE:EMN), through its subsidiary Eastman Company UK Limited, announced today that it has reached agreement with employees at its Bury, England, site to close the facility.