Progress was made in regard to the establishment of strategic alliances to speed up access to new markets. Example include the announced allliance with BASF (automotive composites), eTAC (European Thermoplastic Automotive Composites consortium) and 3M Advanced Composites (thermoset composites for tooling applications).
TenCate expects strong growth in applications for protective fabrics and composites in the petrochemical and the space and aerospace industries. Progress was made in regard to the establishment of strategic alliances to speed up access to new markets. Example include the announced allliance with BASF (automotive composites), eTAC (European #
Protective fabrics for the industrial market (including TenCate Tecasafe Plus) and aerospace and space composites are among the product groups that are expected to show strong growth.
Given the communication restrictions imposed by the authorities regarding the TenCate ABDS active blast countermeasure system (IED protection), no substantive announcements about this can as yet be made. The first sales relating to this system are expected in 2013.
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