Hexcel

Last updated
Hexcel Corporation
Company type Public
IndustryCommercial aerospace, space and defense and industrial
Founded1948;76 years ago (1948)
FoundersRoger C. Steele & Roscoe T. Hughes
Headquarters,
U.S.
Area served
Worldwide
Key people
Nick L. Stanage (Chairman, CEO, and President)
Products Composite materials
Revenue US$1.32 billion (2021)
US$72 million (2021)
US$16.1 million (2021)
Number of employees
4800+
Website hexcel.com

Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics (founded 1948), Ciba Composites (acquired 1995) and Hercules Composites Products Division (acquired 1995). The company sells its products in commercial, military and recreational markets for use in commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, sports equipment and automotive products. Hexcel works with Airbus Group, The Boeing Company, and others. [1] Since 1980, the firm has publicly traded on the New York Stock Exchange under the ticker symbol HXL. [2]

Contents

History

1948–1970s

Hexcel, originally named the California Reinforced Plastics Company, was founded in 1948 by a group of engineers from the University of California at Berkeley.[ citation needed ] The company's first contract was for the research and development of honeycomb materials for use in radar domes on military aircraft. [3] In 1954, the company changed its name to Hexcel Products, Inc. The name was derived from the hexagonal cell-shaped honeycomb materials manufactured by the company. [4]

In the 1960s, Hexcel sold aluminum honeycomb and pre-impregnated fiberglass to Hubert A. Zemke and Dave McCoy for use in building skis. [5]

Hexcel expanded from military and commercial aviation to the United States space program. The landing pads on the lunar module Apollo 11 that carried men to the moon in 1969 were built from Hexcel honeycomb materials. [6] [7] [8]

In 1970, Hexcel licensed the ski from McCoy. [9] A few years later, Hexcel decided to focus on its core aerospace business and sold the ski enterprise to Hanson Boots.[ citation needed ]

1980s–2000

In the 1980s, Hexcel purchased Stevens-Genin S.A., a French company that manufactured glass-fiber and woven industrial materials. [3] [10]

In 1981, it provided materials for the nose, doors and wings of the Space Shuttle Columbia. [11] [12] In 1986, Hexcel made most of the material used in the fuselage and wings of the Rutan Voyager – the first aircraft to make a nonstop, around-the-world trip on a single tank of fuel. [13]

2000–2019

In 2017, Hexcel was selected by Airbus to supply the composite materials for the H160 helicopter's fuselage structures and rotor blades. [14] Hexcel acquired the aerospace and defense business of Oxford Performance Materials, a manufacturer of carbon fiber-reinforced 3D printed parts for commercial aerospace and space and defense applications. [15]

In March 2018, Hexcel opened its manufacturing facility at the MidParc Free Trade Zone in Casablanca, Morocco. [16] The facility oversees the transformation of lightweight honeycomb materials into engineered core parts for aircraft structures, engine nacelles and helicopter blades. Hexcel also signed a strategic alliance with Arkema in Colombes, France, to combine work in carbon fiber and PEKK. [17] The alliance will result in a joint research and development laboratory in France. The companies aim to develop carbon fiber-reinforced thermoplastic tapes to produce lightweight parts for aircraft. [18]

Also in 2018, Hexcel opened a carbon fiber plant at the Les Roches-Roussillon Chemicals Industry Platform in Isère, France. [19] The plant is based at the Osiris Chemicals Industry Platform. [20] Hexcel's composite materials were used as part of a new boat design used in the Tour de France à la voile. [21]

In July 2018, Hexcel opened an integrated factory in Salaise-sur-Sanne near Lyon, manufacturing polyacrylonitrile (PAN), the carbon fiber precursor, the second after its Decatur, Alabama plant.

In December 2018, Hexcel announced the hiring of Colleen Pritchett as President - Aerospace, in America. [22] In March 2019, Hexcel partnered with Lavoiseier Composites to up-cycle composite by-products to reduce CO2 emissions of 13 kg per kg of Carbonium used. [23]

Financial data

Annual Financials for Hexcel Corp. [24]
Annual Financials20172018201920202021
Sales/Revenue1.99B2.19B2.37B1.51B1.32B
Cost of Goods Sold1.42B1.61B1.72B1.26B1.07B
Gross Income572M581.7M650.5M243.3M248.9M


Acquisitions

Related Research Articles

<span class="mw-page-title-main">Composite material</span> Material made from a combination of two or more unlike substances

A composite material is a material which is produced from two or more constituent materials. These constituent materials have notably dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements. Within the finished structure, the individual elements remain separate and distinct, distinguishing composites from mixtures and solid solutions. Composite materials with more than one distinct layer are called composite laminates.

<span class="mw-page-title-main">Thermosetting polymer</span> Polymer obtained by irreversibly hardening (curing) a resin

In materials science, a thermosetting polymer, often called a thermoset, is a polymer that is obtained by irreversibly hardening ("curing") a soft solid or viscous liquid prepolymer (resin). Curing is induced by heat or suitable radiation and may be promoted by high pressure or mixing with a catalyst. Heat is not necessarily applied externally, and is often generated by the reaction of the resin with a curing agent. Curing results in chemical reactions that create extensive cross-linking between polymer chains to produce an infusible and insoluble polymer network.

<span class="mw-page-title-main">Airframe</span> Mechanical structure of an aircraft

The mechanical structure of an aircraft is known as the airframe. This structure is typically considered to include the fuselage, undercarriage, empennage and wings, and excludes the propulsion system.

Fibre-reinforced plastic is a composite material made of a polymer matrix reinforced with fibres. The fibres are usually glass, carbon, aramid, or basalt. Rarely, other fibres such as paper, wood, boron, or asbestos have been used. The polymer is usually an epoxy, vinyl ester, or polyester thermosetting plastic, though phenol formaldehyde resins are still in use.

Pre-preg is a composite material made from "pre-impregnated" fibers and a partially cured polymer matrix, such as epoxy or phenolic resin, or even thermoplastic mixed with liquid rubbers or resins. The fibers often take the form of a weave and the matrix is used to bond them together and to other components during manufacture. The thermoset matrix is only partially cured to allow easy handling; this B-Stage material requires cold storage to prevent complete curing. B-Stage pre-preg is always stored in cooled areas since heat accelerates complete polymerization. Hence, composite structures built of pre-pregs will mostly require an oven or autoclave to cure. The main idea behind a pre-preg material is the use of anisotropic mechanical properties along the fibers, while the polymer matrix provides filling properties, keeping the fibers in a single system.

Long-fiber-reinforced thermoplastic (LFRTs) is a type of easily mouldable thermoplastic used to create a variety of components used primarily in the automotive industry. LFRTs are one of the fastest growing categories in thermoplastic technologies. Leading this expansion is one of the oldest forms, glass mat thermoplastic (GMT) and two of the segment’s newest: precompounded (pelletized) LFRTs, also known as LFTs, and inline compounded (ILC) or direct LFTs (D-LFTs).

<span class="mw-page-title-main">Toray Industries</span> Japanese chemicals company

Toray Industries, Inc. is a multinational corporation headquartered in Japan that specializes in industrial products centered on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry.

Pultrusion is a continuous process for manufacture of fibre-reinforced plastics with constant cross-section. The term is a portmanteau word, combining "pull" and "extrusion". As opposed to extrusion, which pushes the material, pultrusion pulls the material.

<span class="mw-page-title-main">Honeycomb structure</span> Natural or man-made structures that have the geometry of a honeycomb

Honeycomb structures are natural or man-made structures that have the geometry of a honeycomb to allow the minimization of the amount of used material to reach minimal weight and minimal material cost. The geometry of honeycomb structures can vary widely but the common feature of all such structures is an array of hollow cells formed between thin vertical walls. The cells are often columnar and hexagonal in shape. A honeycomb-shaped structure provides a material with minimal density and relative high out-of-plane compression properties and out-of-plane shear properties.

A thermoset polymer matrix is a synthetic polymer reinforcement where polymers act as binder or matrix to secure in place incorporated particulates, fibres or other reinforcements. They were first developed for structural applications, such as glass-reinforced plastic radar domes on aircraft and graphite-epoxy payload bay doors on the Space Shuttle.

In materials science, advanced composite materials (ACMs) are materials that are generally characterized by unusually high strength fibres with unusually high stiffness, or modulus of elasticity characteristics, compared to other materials, while bound together by weaker matrices. These are termed "advanced composite materials" in comparison to the composite materials commonly in use such as reinforced concrete, or even concrete itself. The high strength fibers are also low density while occupying a large fraction of the volume.

<span class="mw-page-title-main">Aerospace materials</span> Materials used for aerospace purposes

Aerospace materials are materials, frequently metal alloys, that have either been developed for, or have come to prominence through their use for aerospace purposes.

Out of autoclave composite manufacturing is an alternative to the traditional high pressure autoclave (industrial) curing process commonly used by the aerospace manufacturers for manufacturing composite material. Out of autoclave (OOA) is a process that achieves the same quality as an autoclave but through a different process. OOA curing achieves the desired fiber content and elimination of voids by placing the layup within a closed mold and applying vacuum, pressure, and heat by means other than an autoclave. An RTM press is the typical method of applying heat and pressure to the closed mold. There are several out of autoclave technologies in current use including resin transfer molding (RTM), Same Qualified Resin Transfer Molding (SQRTM), vacuum-assisted resin transfer molding (VARTM), and balanced pressure fluid molding. The most advanced of these processes can produce high-tech net shape aircraft components.

<span class="mw-page-title-main">Tailored fiber placement</span>

Tailored fiber placement (TFP) is a textile manufacturing technique based on the principle of sewing for a continuous placement of fibrous material for composite components. The fibrous material is fixed with an upper and lower stitching thread on a base material. Compared to other textile manufacturing processes fiber material can be placed near net-shape in curvilinear patterns upon a base material in order to create stress adapted composite parts.

Automated fiber placement (AFP), also known as advanced fiber placement, is an advanced method of manufacturing composite materials. These materials, which offer lighter weight with equivalent or greater strength than metals, are increasingly used in airframes and other industrial products.

Carbon fiber testing is a set of various different tests that researchers use to characterize the properties of carbon fiber. The results for the testing are used to aid the manufacturer and developers decisions selecting and designing material composites, manufacturing processes and for ensured safety and integrity. Safety-critical carbon fiber components, such as structural parts in machines, vehicles, aircraft or architectural elements are subject to testing.

CFSMC, or Carbon Fiber Sheet Molding Compound, is a ready to mold carbon fiber reinforced polymer composite material used in compression molding. While traditional SMC utilizes chopped glass fibers in a polymer resin, CFSMC utilizes chopped carbon fibers. The length and distribution of the carbon fibers is more regular, homogeneous, and constant than the standard glass SMC. CFSMC offers much higher stiffness and usually higher strength than standard SMC, but at a higher cost.

Toray Advanced Composites is a multi-national producer and supplier of advanced composite materials. In the twentieth century, it developed a range of high-performance thermoplastic composites and thermoset pre-preg resins that are used today in a broad spectrum of applications.

<span class="mw-page-title-main">Aircraft recycling</span> Recycling industry for aircraft

Aircraft recycling is the process of scrapping and disassembling retired aircraft, and re-purposing their parts as spare parts or scrap. Airplanes are made of around 800 to 1000 parts that can be recycled, with the majority of them made from metal alloys and composite materials. The two most common metal alloys are aluminum and titanium and the main composite material is carbon fiber.

Implant resistance welding is a method used in welding to join thermoplastics and thermoplastic composites.

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