EconCore and Fynotej enter into a license agreement for production of honeycomb sandwich panels
Published on 13-10-2016
Leuven – 13 October 2016 – After preliminary development work, EconCore and Fynotej enter into a license agreement for ThermHex honeycomb technology. The license focuses initially on honeycomb sandwich panels made of polypropylene thermoplastic material and the application field of automotive interiors.
EconCore’s licensees in Europe and Japan have already entered the automotive market with the honeycomb technology. Fynotej, a well-established nonwovens and industrial carpets manufacturer and a supplier to the automotive industry, based in Mexico, is the first North American licensee of EconCore focusing on automotive applications. By acquisition of the know-how and rights to the technology for continuous production of thermoplastic honeycomb panels, the company puts itself in a market leading position – the production of rigid panels integrated with in-line lamination of decorative and functional carpets allows for a unique efficiency of production of finished automotive interior elements.
“This license agreement is very much in-line with the market’s trends” – says Tomasz Czarnecki, COO of EconCore – “We have observed the shift of the European automotive and transportation industries from heavier and often moisture sensitive material solutions to much lighter polypropylene honeycomb panels and parts. With the new fuel economy and carbon-emission regulations of the American market, calling for weight savings and environmental care, we are confident that a similar change, which has already been started in America, will continue with high momentum. The cost efficiency of EconCore’s process and the high performance of the honeycomb product should be the key ingredients ensuring dynamic developments.”
EconCore is exhibiting at K Show in Dusseldorf, October 19 - 26, 2016. Interested customers are invited to visit booth C37, Hall 8A to learn more.
About Fynotej
Fynotej is a Mexican-based company dedicated to manufacturing of fibers, yarns, and non-woven products and serving, amongst others, the automotive market. Learn more at www.fynotej.com.
About EconCore
EconCore provides technology for the continuous production of honeycomb sandwich materials. The fast, versatile, continuous ThermHex process allows users to produce sandwich materials for various applications including automotive, transportation, building and construction, industrial packaging/graphical displays, furniture and many others at minimal cost, weight and environmental impact. For more information, please visit www.econcore.com.