Hengrui’s Acquisition of Engenuity and the new contract between Hexion and the Fraunhofer Project Center
Hengrui’s Acquisition of Engenuity
Hengrui Corporation (HRC), a Chinese tech company focusing on R&D, manufacturing and engineering of composites, announced on its WeChat account that it will make its debut with its new acquisition, the British company Engenuity, at China Composites Expo.
In August, Hengrui Corporation (HRC) succeeded in the buyout of Engenuity, a global composites design and analysis company.
The acquisition will allow the UK-based company to officially step into Chinese market, working on analysis and design of professional materials, engineering consultation and R&D of vehicles in China under the overall control of HRC. Meanwhile, Engenuity will maintain its existing businesses and further explore the global market as an independent entity.
“Pure metal materials being unable to solve the requirements in terms of structural functionalities and lightweight, the automotive industry is entering an era of structural composite materials”, said Graham Barnes, founder of Engenuity.
“Engenuity came to China, not only to follow this trend, but also because the demand is strong in the early stages of research and we are pleased to be able to bring our experience and expertise to China to help auto manufacturers, especially new energy vehicles manufacturers, to develop their projects more smoothly and transition towards the production stage.”
Hexion and Fraunhofer to jointly develop composite technologies for automotive
Hexion announces a new three-year contract with the Fraunhofer Project Center in London, Ontario, Canada, to continue their joint efforts to develop lightweight composite technologies and high performance systems designed to meet the demand of mass produced autos.
Hexion, a global manufacturer of thermoset resins, and the Center, which houses production scale parts-making and processing equipment as well as materials experts, have collaborated since 2013 on bringing high-performance materials and processing technologies to automotive manufacturers. These materials and technologies enable automakers to fabricate lighter-weight, higher-strength parts, reducing overall vehicle weight and improving gas mileage and performance. The collaboration has been successful in taking composite solutions into commercial use.
“This new agreement enables us to continue our work with the Center to support applications development using high volume composite manufacturing technologies,” said Stephen Greydanus, Hexion’s manager of automotive application development and technical support. “As automakers seek to lighten vehicle weights, using new composite technologies to replace steel and other heavier materials is increasingly critical to vehicle design and production.”
The Center enables Hexion to work with major automotive manufacturers to test materials and produce parts in a production-scale environment. Hexion has several engineers in residence at the facility, focused on helping automakers develop, test and integrate the latest technologies and materials into their new vehicle platforms. A network of prototype specialists, tool makers and testing firms also collaborate with Hexion and the Center in this work.
Using its state-of-the-art resin systems from the Epikote resin TRAC and Epikure curing agent TRAC 6000 series, Hexion has collaborated with the Center across a range of composite manufacturing technologies including high-pressure resin transfer moulding, liquid compression moulding, sheet mold compounding, preforming and injection moulding. Working with the Center, Hexion has perfected rapid cycle time production of large parts for heat-resistant under-hood applications using its Bakelite engineering thermosets. New product developments address the trend towards electrification of vehicles.
The Center is located on the campus of Western University and is a joint venture between the university and the Fraunhofer Institute of Chemical Technology based in Pfinztal, Germany.