Woodland Park, NJ and Abu Dhabi, UAE‐ Mubadala Development Co. (Abu Dhabi, UAE) and Cytec Industries (Woodland Park, N.J., USA) on Dec. 10 announced they have entered into a strategic collaboration agreement for the establishment of an advanced aerospace material ecosystem in the United Arab Emirates.
Mubadala and Cytec are exploring opportunities to support the ongoing development of the aerostructures industry in the emirate of Abu Dhabi in the UAE. This includes evaluating the creation of prepreg manufacturing capabilities in the emirate, with the commitment of major aircraft OEMs to provide the requisite assistance and qualifications. The intent of the strategic collaboration agreement is formalizing the working structure between both parties to discuss the key areas for development of prepreg manufacturing, applications development capabilities and people development in the UAE.
Homaid Al Shemmari, executive director or Mubadala Aerospace, Communications Technology and Defense Services, says, “This collaboration with Cytec will contribute positively to Mubadala’s efforts in creating a complete aerospace supply chain in Abu Dhabi as we remain focused on becoming a leading industry partner in the development of next generation commercial aircraft.”
Shane Fleming, Cytec CEO, says, “Cytec’s collaboration with Mubadala is consistent with our growth strategy. This alliance benefits the expansion of aerospace in emerging regions of the world, and we are excited to support the development of new composite applications.”
Cytec and Mubadala will work together to promote their superior technologies and engineering efforts for selected high‐performance carbon composites applications in the structural materials aerospace market.
Established and owned by the government of Abu Dhabi, Mubadala’s strategy is built on the creation of partnerships and on long‐term, capital‐intensive investments that deliver strong financial returns and tangible social benefits for the Emirate of Abu Dhabi, and that contribute to the growth and diversification of its economy.