16 May 2015

Channel Change-Up: How about some Plastic News?

Your blogger just could not ignore a puzzling news feed: 
DSM Dyneema buys customer Cubic Tech 
where the only words I recognized were "buys" and "customer"

I'll disclose my source:  Plasticnews.com

What does this "buy" have to do with Mesa?
Here's a Clue: It's all about UHMwPE

[Curiosity might have killed the cat but its drives your MesaZona blogger]


Here's the answer in a press release from far-awayThe Netherlands:
The Netherlands, 13 May 2015 - DSM Dyneema, the inventor and manufacturer of Ultra High Molecular Weight Polyethylene (UHMwPE) fiber, branded as Dyneema®, today finalized the acquisition of Cubic Tech Corporation. This privately owned company, based in Mesa (Arizona, USA), has specialized for more than 23 years in the custom design, development and production of innovative high performance ultra-lightweight flexible laminates and fabrics — most of them based on Dyneema®. Cubic Tech is focused on high-end solutions in applications as diverse as racing yacht sails, equipment and apparel for sportswear, outdoor and future soldier programs as well as emergency medical equipment.  
Terms of the acquisition will not be disclosed. [Italics and text color mine]
http://cubictechnology.com/news.htm 


Did You Know? Dyneema® is the world’s strongest fiber™. Dyneema® offers maximum strength combined with minimum weight. It is up to 15 times stronger than quality steel and up to 40% stronger than aramid fibers, both on weight for weight basis. Dyneema® fiber floats on water and is extremely durable and resistant to moisture, UV light and chemicals. The applications are therefore more or less unlimited. Dyneema® is an important component in ropes, cables and nets in the fishing, shipping and offshore industries. Dyneema® is also used in safety gloves for the metalworking industry and in fine yarns for applications in sporting goods and the medical sector. In addition, Dyneema® is also used in bullet resistant armor and clothing for police and military personnel. 
There are many applications for aerospace as well: successful development of flexible laminates for lighter-than-air decelerator systems - inflatable structures
 
DSM is a global plastics and chemicals maker with annual sales of more than $10 billion. 
Cubic Tech will be fully integrated into DSM Dyneema. The 26 employees of Cubic Tech are being invited to stay on after the acquisition.
Cubic Tech Corporation
4511 East Ivy Street
Mesa, Arizona 85205
USA
Office: 480-924-3100

            

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