Sgl Group (SGLFF) 10.6500 $SGLFF
Avcorp Doubles Revenue and Strengthens Balance Sheet through the Completion of the Acquisition of Hitco Carbon Composites Aerostructures Division
CNW Group - Mon Dec 21, 6:31AM CST
Avcorp Industries Inc. (the "Company" or "Avcorp"
(AVP:TSX) announced today that it has completed its acquisition of the assets and certain liabilities of the composite Aerostructures division of SGL Carbon SE's ("SGL's" subsidiary, Hitco Carbon Composites Inc. ("Hitco" . The acquisition, which was first announced in July 2015, will approximately double Avcorp's revenue while strengthening its balance sheet. This acquisition will also significantly expand Avcorp's carbon composite manufacturing capabilities and result in the Company receiving cash, payment commitments and supplies valued at approximately $65 million. All amounts are in Canadian currency.
AVP.TO: 0.10 (unch)
Update on the Acquistion of Hitco Carbon Composites Inc.
PR Newswire - Fri Dec 11, 7:10PM CST
Further to our news release dated July 19, 2015, Avcorp Industries Inc. (the "Company" (AVP:TSX) is pleased to announce that it has received all regulatory approvals related to the transaction for the acquisition of the US-based composite aerostructures division of Hitco Carbon Composites Inc., a subsidiary of Frankfurt-listed SGL Carbon SE.
AVP.TO: 0.10 (unch)
SGL Carbon SE: Agreement on the sale of the aerostructures business of HITCO leads to an impairment charge in H1/2015
M2 - Tue Jul 21, 2:51AM CDT
SGL Group today concluded an agreement with Toronto-listed Avcorp Industries Inc. (Canada) on the sale of our subsidiary HITCO's (HITCO Carbon Composites, Inc., USA) business of manufacturing composite structural parts for commercial and military aerostructures. This includes all inventories, equipment, tooling and other fixed assets, intellectual property, contractual rights, good will, accounts receivable, and work in progress; Hitco's materials division is not part of this transaction.
Acquisition of Hitco Carbon Composites Business
CNW Group - Mon Jul 20, 7:19AM CDT
Avcorp Industries Inc. (the "Company" or "Avcorp" (AVP:TSX) is pleased to announce that it has entered into a definitive agreement (the "Agreement" to acquire the US-based composite aerostructures division of a subsidiary of Frankfurt-listed SGL Carbon SE ("SGL" . The transaction will significantly expand the capabilities of Avcorp in composites and offer a strong platform to grow the profitability of the business.
AVP.TO: 0.10 (unch)
SGL Carbon SE: Board of Management and Supervisory Board decide on accelerated growth strategy for the Business Units GMS und CFM as well as on separating the Business Unit PP within SGL Group
M2 - Tue Jul 07, 8:32AM CDT
Ad hoc notification pursuant to 15 of the German Securities Trading Act (Wertpapierhandelsgesetz)
Ceramic Matrix Composites (Oxide/Oxide, Silicon Carbide/Silicon Carbide, Carbon/Carbon and Others) Market Trends & Forecasts to 2019
M2 - Tue Jan 13, 8:51AM CST
Research and Markets (http://www.researchandmarkets.com/research/k8rt9t/ceramic_matrix) has announced the addition of the "Ceramic Matrix Composites Market by Type, by Application and by Region - Trends & Forecasts to 2019" report to their offering. The ceramic matrix composites market is projected to grow at a CAGR of 13.81% between 2014 and 2019 and is estimated to generate the global market size of $2.40 billion by 2019. The aerospace is the largest application segment of the ceramic matrix composites market across the world. The market for the same is projected to be worth $1.01 billion by 2019. The report on ceramic matrix composites includes four different types of composites. These are oxide/oxide, silicon carbide/silicon carbide, carbon/carbon, and others (carbon/silicon carbide and ceramic metal matrix composites). The global ceramic matrix composites market is witnessing high growth because of increasing demand for aircrafts, automobiles, light-weight armors, technological advancements, and growing demand in North America and Asia-Pacific. Ceramic matrix composites are largely used for manufacturing engine components & structures for aircrafts & ships, vehicle armors, body armors, aircraft armors, heat-shields, and biodegradable splints among others. The growth for the ceramic matrix composites market is driven by the speedy development in aerospace, defense, energy & power, marine, and automotive industries across the world. The oxide/oxide and carbon/carbon composites growth are the important market drivers for ceramic matrix composites. Increasing R&D activities and mass production of ceramic fibers are expected to be the key growth opportunities for ceramic matrix composites market players to increase their market shares and business revenue. The cost of ceramic matrix composites can be controlled by the cost of ceramic fibers. For instance, owing to the comparatively lower prices of carbon fibers, the overall cost of carbon/carbon ceramic matrix composites is the lowest. The lower prices of carbon fibers are because of the mass production by many manufacturers during the last decade. On the other hand, the production volume of oxide and silicon carbide fibers is still low compared to carbon fibers. The world market for these fibers is dominated by few manufacturers, which has led to higher prices of these fibers. Mass production of ceramic matrix composites will lower its prices, leading to an increase in market penetration and profitability. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Ceramic Matrix Composites Market, By Types 8 Ceramic Matrix Composites Market, By Application 9 Ceramic Matrix Composites Market, By Region 10 Competitive Landscape 11 Company Profiles - 3M Company - Applied Thin Films Inc. - COI Ceramics Inc. - Ceramtec International - Coorstek Inc. - General Electric Co. - Kyocera Corporation - Lancer Systems LP - SGL Carbon SE - Starfire Systems Inc. - UBE Industries Ltd. - Ultramet Inc. For more information visit http://www.researchandmarkets.com/research/k8...mic_matrix
KYO: 46.51 (-0.11), MMM: 174.87 (-0.29), GE: 31.82 (+0.08)
Avcorp Doubles Revenue and Strengthens Balance Sheet through the Completion of the Acquisition of Hitco Carbon Composites Aerostructures Division
CNW Group - Mon Dec 21, 6:31AM CST
Avcorp Industries Inc. (the "Company" or "Avcorp"
(AVP:TSX) announced today that it has completed its acquisition of the assets and certain liabilities of the composite Aerostructures division of SGL Carbon SE's ("SGL's" subsidiary, Hitco Carbon Composites Inc. ("Hitco" . The acquisition, which was first announced in July 2015, will approximately double Avcorp's revenue while strengthening its balance sheet. This acquisition will also significantly expand Avcorp's carbon composite manufacturing capabilities and result in the Company receiving cash, payment commitments and supplies valued at approximately $65 million. All amounts are in Canadian currency. AVP.TO: 0.10 (unch)
Update on the Acquistion of Hitco Carbon Composites Inc.
PR Newswire - Fri Dec 11, 7:10PM CST
Further to our news release dated July 19, 2015, Avcorp Industries Inc. (the "Company"
(AVP:TSX) is pleased to announce that it has received all regulatory approvals related to the transaction for the acquisition of the US-based composite aerostructures division of Hitco Carbon Composites Inc., a subsidiary of Frankfurt-listed SGL Carbon SE. AVP.TO: 0.10 (unch)
SGL Carbon SE: Agreement on the sale of the aerostructures business of HITCO leads to an impairment charge in H1/2015
M2 - Tue Jul 21, 2:51AM CDT
SGL Group today concluded an agreement with Toronto-listed Avcorp Industries Inc. (Canada) on the sale of our subsidiary HITCO's (HITCO Carbon Composites, Inc., USA) business of manufacturing composite structural parts for commercial and military aerostructures. This includes all inventories, equipment, tooling and other fixed assets, intellectual property, contractual rights, good will, accounts receivable, and work in progress; Hitco's materials division is not part of this transaction.
Acquisition of Hitco Carbon Composites Business
CNW Group - Mon Jul 20, 7:19AM CDT
Avcorp Industries Inc. (the "Company" or "Avcorp"
(AVP:TSX) is pleased to announce that it has entered into a definitive agreement (the "Agreement" to acquire the US-based composite aerostructures division of a subsidiary of Frankfurt-listed SGL Carbon SE ("SGL" . The transaction will significantly expand the capabilities of Avcorp in composites and offer a strong platform to grow the profitability of the business. AVP.TO: 0.10 (unch)
SGL Carbon SE: Board of Management and Supervisory Board decide on accelerated growth strategy for the Business Units GMS und CFM as well as on separating the Business Unit PP within SGL Group
M2 - Tue Jul 07, 8:32AM CDT
Ad hoc notification pursuant to 15 of the German Securities Trading Act (Wertpapierhandelsgesetz)
Ceramic Matrix Composites (Oxide/Oxide, Silicon Carbide/Silicon Carbide, Carbon/Carbon and Others) Market Trends & Forecasts to 2019
M2 - Tue Jan 13, 8:51AM CST
Research and Markets (http://www.researchandmarkets.com/research/k8rt9t/ceramic_matrix) has announced the addition of the "Ceramic Matrix Composites Market by Type, by Application and by Region - Trends & Forecasts to 2019" report to their offering. The ceramic matrix composites market is projected to grow at a CAGR of 13.81% between 2014 and 2019 and is estimated to generate the global market size of $2.40 billion by 2019. The aerospace is the largest application segment of the ceramic matrix composites market across the world. The market for the same is projected to be worth $1.01 billion by 2019. The report on ceramic matrix composites includes four different types of composites. These are oxide/oxide, silicon carbide/silicon carbide, carbon/carbon, and others (carbon/silicon carbide and ceramic metal matrix composites). The global ceramic matrix composites market is witnessing high growth because of increasing demand for aircrafts, automobiles, light-weight armors, technological advancements, and growing demand in North America and Asia-Pacific. Ceramic matrix composites are largely used for manufacturing engine components & structures for aircrafts & ships, vehicle armors, body armors, aircraft armors, heat-shields, and biodegradable splints among others. The growth for the ceramic matrix composites market is driven by the speedy development in aerospace, defense, energy & power, marine, and automotive industries across the world. The oxide/oxide and carbon/carbon composites growth are the important market drivers for ceramic matrix composites. Increasing R&D activities and mass production of ceramic fibers are expected to be the key growth opportunities for ceramic matrix composites market players to increase their market shares and business revenue. The cost of ceramic matrix composites can be controlled by the cost of ceramic fibers. For instance, owing to the comparatively lower prices of carbon fibers, the overall cost of carbon/carbon ceramic matrix composites is the lowest. The lower prices of carbon fibers are because of the mass production by many manufacturers during the last decade. On the other hand, the production volume of oxide and silicon carbide fibers is still low compared to carbon fibers. The world market for these fibers is dominated by few manufacturers, which has led to higher prices of these fibers. Mass production of ceramic matrix composites will lower its prices, leading to an increase in market penetration and profitability. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Ceramic Matrix Composites Market, By Types 8 Ceramic Matrix Composites Market, By Application 9 Ceramic Matrix Composites Market, By Region 10 Competitive Landscape 11 Company Profiles - 3M Company - Applied Thin Films Inc. - COI Ceramics Inc. - Ceramtec International - Coorstek Inc. - General Electric Co. - Kyocera Corporation - Lancer Systems LP - SGL Carbon SE - Starfire Systems Inc. - UBE Industries Ltd. - Ultramet Inc. For more information visit http://www.researchandmarkets.com/research/k8...mic_matrix
KYO: 46.51 (-0.11), MMM: 174.87 (-0.29), GE: 31.82 (+0.08)
