Mexican manufacturer Fynotej will supply OEMs with the lightweight and sustainable Fynocore — licensed under EconCore — for automotive application.
The three-year contract will generate net sales of around $140 million USD with an expected revenue increase of approx $11-17 million USD per year.
Retaining a Class A surface, the newest core product was produced via electricity from renewable energy sources. With several notable achievements, ThermHex is also looking for distributors.
Slowdown in commercial aerospace and the wind energy market has decreased Hexcel’s year-to-date sales by 32.6%. The company will close its wind energy glass fiber prepreg line in Windsor, Colo., U.S., in early November.