TenCate and Adler Group sign exclusive supply agreement for

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
TenCate and Adler Group sign exclusive supply agreement for Alfa Romeo 4C platform

ALMELO, Netherlands, Feb. 25, 2014 (GLOBE NEWSWIRE) -- Following the joint development between TenCate Advanced Composites and the Adler Group with regard to the Alfa Romeo 4C chassis, an exclusive supply agreement has been reached for the use of carbon fibre composite prepreg material. This advanced material is being used for the production of the entire monocoque. The central passenger cell reduces vehicle weight and creates a highly rigid and safe basic structure.

This agreement encapsulates the relationship which began at the inception of this automotive project and sees the E700 series carbon fibre prepreg from the TenCate Advanced Composites manufacturing facility in Langley Mill (Nottingham), UK being used by the Adler Group in Ottaviano (Naples), Italy. Mr. Frank Meurs, group director of TenCate Advanced Composites EMEA, states: "This innovative project with the Adler Group is a major breakthrough for TenCate, as it is the first OEM project of this size in the automotive industry and is seen as a high profile application". Mr. Paolo Scudieri, President of the Adler Group, comments: "We are proud of this partnership with TenCate and are sure that this agreement will lead to important technological developments as well as efficiencies in logistics, both of which will make the product even more competitive".

Optimised logistics
The support provided by TenCate to Adler has continued beyond the development phase of the project, with sales of Alfa Romeo forecast to reach up to three thousand cars per year. The two parties have agreed that an investment will be made to enable local production of the composite material, in order to optimise the logistic process and comply with "just in time" requirements needed for this important Alfa Romeo automotive programme. In addition, TenCate and Adler will work jointly on innovations for new automotive-related projects.

TenCate Advanced Composites Europe
Almelo, the Netherlands, Tuesday 25 February 2014
____________________________________________________________________

For further information:

Digital pictures are available upon request via: media@tencate.com


TenCate corporate
Mr Pieter Zwinkels, Investor Relations Manager
Telephone      : +31 546 544 911
Mobile           : +31 6 10 88 63 38
E-mail           : ir@tencate.com
Internet         : www.tencate.com


TenCate Advanced Composites
Mr Frank Meurs, group director TenCate Advanced Composites EMEA
Telephone      : +31 548 633 702
Email            : f.meurs@tencate.com  
Internet         : www.tencateadvancedcomposites.com

TenCate Advanced Composites is a leader in the development and production of thermoplastic and thermoset prepreg composites. Its product portfolio is incorporated in automotive products, aerospace applications, medical equipment and numerous other industrial applications. TenCate Advanced Composites has production facilities and operations in Europe and North America and distributors in Asia.

Royal Ten Cate (TenCate) is a multinational company that combines textile technology with chemical processes and material technology in the development and production of functional materials with distinctive characteristics. TenCate products are sold throughout the world.
Systems and materials from TenCate come under four areas of application: safety and protection; space and aerospace; infrastructure and the environment; sport and recreation. TenCate occupies leading positions in protective fabrics, composites for space and aerospace, antiballistics, geosynthetics and synthetic turf. TenCate is listed on NYSE Euronext (AMX).

Press release as PDF http://hugin.info/130798/R/1764216/598153.pdf

HUG#1764216

Scroll down for more posts ▼

Top 10 Most Recent News Articles

PenFed Credit Union's Soaring Loan Originations in Q3 2026

Updated Category News Views 52

Staggering Growth in Loan Originations Ever wake up to an unexpected windfall? That's the kind of headline PenFed Credit Union is writing with its $8.8 billion in year-to-date loan originations by the end of September 2026. Up 22% year-over-year, folks. Those numbers don't just happen by accident. That's hitting the nail on the head in the credit union world. Mortgage and...

Continue Reading
AstroRad Vest Makes Spaceflight History at Smithsonian

Updated Category News Views 58

Space Gear Finds a New Home In a move that brings a piece of the cosmos down to Earth, the AstroRad radiation protection vest, used by astronauts aboard the International Space Station (ISS), has landed a spot in the Smithsonian's National Air and Space Museum. It's not just some random hunk of tech; this vest represents a milestone in the annals of space gear — a...

Continue Reading
Cooper's Stock Takes a Beating: What's Behind It?

Updated Category News Views 37

A Shock to the System: Cooper's Rough Patch Not every day you see a stock take a body slam like this! Cooper Companies (NASDAQ: COO) got walloped after revealing some unsavory truths about its Q3 2026 performance. The market didn't just flinch—it reeled. On September 10, 2026, COO shares dove a steep $9.31—around a 14.6% free fall—whacking off over $1.7 billion in...

Continue Reading
Green Methanol: A $20.11B Market by 2032 Excites

Updated Category News Views 16

The Green Methanol Boom Folks, the money's about to get greener—greener methanol, that is. We’re talking about a market that’s set to explode from a humble $3.46 billion in 2026 to a jaw-dropping $20.11 billion by 2032. With a hefty CAGR of 34.1%, it seems like investors might want to buckle up for a bullish ride in this eco-friendly venture. Why Green Methanol?...

Continue Reading
Del Monte Faces Class Action Over Major Data Breach

Updated Category News Views 29

Data Breach Fallout Looms Over Del Monte Here's the scoop on Del Monte Foods facing what looks like a data breach debacle of epic proportions. Ransomware has hit the fan, and now folks are scrambling as Edelson Lechtzin LLP gears up to lay down some serious class action heat. From Cyber Shadows to Court Considerations This storm brewed on February 7, 2026. Del Monte’s...

Continue Reading
Cytrellis Boosts Aesthetics Training With Miami Partnership

Updated Category News Views 35

Cytrellis Partners with University of Miami The announcement from Cytrellis Biosystems is drawing some attention. The company's jumped into a new partnership with the University of Miami School of Nursing and Health Studies, looking to jazz up their Aesthetic Medicine Certificate Program. The kicker here is the introduction of Cytrellis' ellacor® system, a fancy bit of...

Continue Reading
BioArctic's Moves: Lecanemab Data and Leadership Insights

Updated Category News Views 60

BioArctic's Power Play: A Two-Pronged Update Ever feel like biotechnology is just a series of chess moves? BioArctic's recent maneuvers in the life sciences game certainly hint at that. First, they've got data brewing on lecanemab—this ain't small beans, folks, not with Alzheimer's disease in the crosshairs. Then there's their Nomination Committee. It’s like shaking...

Continue Reading
SCI Faces Investigation After Earnings Downgrade

Updated Category News Views 55

SCI's Rough Ride: Investors Brace for Impact There's nothing like waking up to find the stock you were banking on took a nosedive while you were dreaming of dividends. Service Corporation International (NYSE: SCI) sure gave shareholders more of a nightmare than a dream, slashing its earnings forecast for 2026 and watching its stock crumble by about 11.6% on October 29....

Continue Reading
Intestinal Worms: New Science and Old Challenges

Updated Category News Views 43

Intestinal Worms: A Modern Twist on an Old Tale Just when you thought you'd heard it all, here comes the notion that intestinal worms might actually be good for us. The stuff of cringe-worthy junior high biology classes is now strutting its stuff in F1000Research. Sounds odd? Maybe, but there's a half-century of science behind it. Old Foes with New Friends These...

Continue Reading
Gastops and Bell: A New Era in Aerospace Collaboration

Updated Category News Views 17

Gastops and Bell Seal a Forward-Looking Deal Who would've thought Gastops and Bell, two juggernauts in their respective fields, would link arms to drive the aerospace game forward in Canada? That's right, a Memorandum of Understanding (MOU) was inked between these titans at the 2026 Canadian Aerospace Summit, paving the way for collaboration on future programs. This isn't...

Continue Reading

Top 5 Most Recently Viewed Articles

Vitesse Energy's Q3 Performance and Future Prospects Examined

Updated Category News Views 65

Vitesse Energy's Third Quarter Highlights Vitesse Energy, Inc. (NYSE: VTS) recently shared its financial and operating results for the third quarter. The company reported a robust net income of $17.4 million alongside an adjusted net income of $7.6 million. The adjusted EBITDA reached $37.6 million, alongside operational cash flow exceeding $45.7 million, showcasing a...

Continue Reading
Capital One Financial Soars After Impressive Third-Quarter Gains

Updated Category News Views 307

Capital One's Remarkable Q3 Performance Capital One Financial Corp. (NYSE: COF) recently unveiled its third-quarter results, showcasing a strong financial performance that exceeded analysts' expectations. The report highlighted significant increases in both earnings and revenue, making a substantial impact on investor confidence and stock performance. Diving into the Key...

Continue Reading
Recent Developments Boost Travere Therapeutics' Market Outlook

Updated Category News Views 83

Update on Travere Therapeutics On a recent Wednesday, Stifel maintained its Hold rating for Travere Therapeutics (NASDAQ:TVTX) while raising the price target to $13.00 from the previous $10.00. This adjustment is a result of a thorough analysis of the company's recent progress, specifically focusing on their drug candidate, Sparsentan. Significance of the PARASOL Workshop...

Continue Reading
Kahoot! Achieves Gold Certification in Educational Equity

Updated Category News Views 106

Kahoot! Achieves Gold Certification in Educational Equity Kahoot!, the renowned education technology platform, has recently been awarded the prestigious ICEIE Gold certification for its unwavering commitment to equity in education. This recognition emphasizes the company's dedication to ensuring that all learners have access to quality educational tools and resources,...

Continue Reading
Spicewood Mineral Partners Expands Holdings with New Acquisitions

Updated Category News Views 91

Spicewood Mineral Partners Expands Holdings in the Permian Basin Spicewood Mineral Partners, a prominent mineral and energy investment firm based in Dallas, has made exciting updates regarding its latest acquisitions in the Delaware Basin. The company has recently targeted a selection of high-quality "tier 1" mineral assets in the Permian Basin, showcasing a strategic...

Continue Reading