Together on the advanced composites market
The German Chem-Trend, among the leading suppliers of specialty release agent solutions across multiple industries and applications, has acquired the Zyvax business allowing them to offer customers and distributors an expanded portfolio of product technologies for use in FRP (Fibre-Reinforced Plastics) and the growing advanced composites markets.
Founded in 1985, Zyvax was first to market with a line of solvent-free, water-based release systems engineered to meet the stringent requirements of advanced composite processes. Today, its customers include major OEM and moulded parts manufacturers to the aerospace, wind energy, automotive, sporting goods and oil & gas industries.
"Today's move will result in synergies derived from the innovation capabilities in release agent technology and composites industry expertise of both companies, which will help us further enhance the product and service offering to our customers", said Chem-Trend president and CEO Devanir Moraes. "With the acquisition of the Zyvax business, Chem-Trend will provide end users and distributors with release systems and complementary moulding process aids that create even greater value, efficiency and productivity in the development and manufacturing of FRP and advanced composite components".
Analysts expect the use of advanced composite materials to increase at a double-digit rate as companies seek to gain efficiencies through reducing overall product weight. Significantly lighter than metal, composite components can help shed pounds while maintaining, or even strengthening, a part's structural integrity.