"The addition of composite and glass-fiber manufacturing in Japan allows Owens Corning to deliver more value to more customers around the world," said Chuck Dana, president, Composite Solutions Business. "The products manufactured at this facility will support our global growth by delivering a broader range of composite solutions for the consumer and electrical, building and construction, and infrastructure markets."
The acquisition expands Owens Corning's product portfolio to include:
- Reinforcements for high-performance thermoplastics such as Liquid
Crystaline Polymer (LCP), Polyphenylene Sulfide (PPS) and Polyphenylene
Oxide (PPO) polymer products. These composite products are used in
applications where high performance is required.
- Long-fiber thermoplastic compounds for the Asia Pacific market used in
light-weight and semi-structural applications.
- Sheet Molding Compounds for the Japanese market, including high-heat
industrial and Class-A applications for automotive and consumer
markets.
- Rubber-coated glass-fiber solutions used in engine timing belts for the
automotive industry.
Owens Corning is a world leader in building materials systems and composite solutions. Since the company's founding in 1938, Owens Corning has become a market-leading innovator of glass-fiber technology with sales of $6.3 billion in 2005 and 20,000 employees in 25 countries.
