The new face of the North American plastics industry is emerging as companies that are focused on plastics. One of the first large companies to divest its plastics portfolio was Monsanto back in 1997 when Solutia was created. Monsanto made a decision to focus on agricultural biotechnology. Solutia filed for bankruptcy in 2003 in the midst of a major manufacturing slowdown and emerged from bankruptcy early this year. The company believes it is now stronger and more competitive than at any time in its history, hopefully setting a positive tone for other plastics orphans. Solutia posted a first quarter profit of $1.4 billion, compared to a loss of $8 million for the same quarter in 2007 because of reorganization gains. Revenues were up 40 percent. What’s important from a design engineering perspective is that Solutia, a major nylon producer, is developing new products and expanding capacity. Vydyne GW350 was announced in April and is said to offer superior toughness and elongation. Solutia is also increasing nylon 66 capacity by 140,000 metric tons. Solutia’s plant in Pensacola, FL is the world’s largest integrated nylon manufacturing facility. Solutia operates five nylon-making plants in the U.S., while its sales to Asia are growing rapidly.
Several major companies have divested part or all of their plastics portfolios in recent years, ranging from GE Plastics and Dow to Bayer. When the spin-offs become standalone companies, such as Solutia, they may face trouble raising capital in tough credit markets, such as the one we face in 2008. In fact, Solutia had to file suit against three banks that had balked at providing the company with capital needed to exit bankruptcy. Solutia needed the funds for operations and won the lawsuit.
It’s important for companies like Solutia to survive and thrive, particularly when they are producing products with a limited supply base.
The new composites manufacturing innovation center is intended to be a source of grand challenges for industry, like the kind that got us to the moon under JFK. These aren't the words its new CEO Craig Blue used, but that's the idea and the vision behind the Institute for Advanced Composites Manufacturing Innovation (IACMI).
The 100% solar-powered airplane Solar Impulse 2 is prepping for its upcoming flight, becoming the first plane to fly around the world without using fuel. It's able to do so because of above-average performance by all of the technologies that go into it, especially materials.
As the 3D printing and overall additive manufacturing ecosystem grows, standards and guidelines from standards bodies and government organizations are increasing. Multiple players with multiple needs are also driving the role of 3DP and AM as enabling technologies for distributed manufacturing.
A growing though not-so-obvious role for 3D printing, 4D printing, and overall additive manufacturing is their use in fabricating new materials and enabling new or improved manufacturing and assembly processes. Individual engineers, OEMs, university labs, and others are reinventing the technology to suit their own needs.
For vehicles to meet the 2025 Corporate Average Fuel Economy (CAFE) standards, three things must happen: customers must look beyond the data sheet and engage materials supplier earlier, and new integrated multi-materials are needed to make step-change improvements.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.