The activities of TenCate in the global composite thermoset materials market are mainly focused on aerospace, space and radome applications. The acquisition of Amber Composites will help accelerate its activities in the European market. TenCate composites activities originate in the Netherlands, where more than 20 years ago TenCate began the development of thermoplastic composites for the aviation industry under the brand name TenCate Cetex. As a result of the acquisition of Amber Composites, TenCate will increase its presence in the market for industrial and automotive composites, tooling materials and in the aerospace market in Europe, with both thermoset and thermoplastic composites. TenCate Advanced Composites in both the United States of America and Europe will profit from the acquisition of Amber Composites, which will produce a stronger and more balanced product portfolio. It will also ensure entry into new markets, both in the US and in Europe. TenCate recently announced its alliance with BASF for thermoplastic composites for the automotive market, as well as with 3M for the US tooling market aimed at expansion of its market potential for thermoset composites. Tooling composites is one of the strengths of Amber Composites. The recent acquisition of PMC Baycomp in the US and the current acquisition of Amber Composites support the company's expansion into new markets. www.tencate.com www.ambercomposites.com
