TenCate and BASF Sign Agreement on Strategic Alliance for

TenCate and BASF Sign Agreement on Strategic Alliance for
Thermoplastic Automotive Composites 
ALMELO, NETHERLANDS -- (Marketwire) -- 10/25/12 -- 

-- Significant market potential for continuous fiber reinforced
-- Objective: Rapid availability of new materials for automotive mass

TenCate Advanced Composites and BASF have entered into a strategic
alliance to cooperate on the development, production and
commercialization of thermoplastic composite materials suitable for
high-volume vehicle production. 
The main goal of this partnership is to offer car manufacturers
custom-engineered solutions for high-performance composite
structures, which enable this industry to further reduce weight and
carbon dioxide emission. The growing need of the automotive industry
for composite materials used in mass production calls for a rapid
development of materials and manufacturing processes. 
TenCate Advanced Composites has a leading market position in
continuous fiber reinforced thermoplastic composites with the TenCate
Cetex((R)) product portfolio, currently mainly used for aircraft
structures and interiors. At present new aircraft such as the Airbus
A380, A350 and Boeing 787 are the main users of such material. 
BASF is the leading chemical company with an extensive network in the
automotive industry. By combining the capabilities of both BASF and
TenCate in automotive composite solutions, the required developments
will be accelerated. 
Strategic alliance 
In this strategic alliance, BASF will contribute its comprehensive
know-how in the production and formulation of thermoplastic resins in
order to develop special variants of its Ultramid((R)) (PA),
Ultradur((R)) (PBT) and Ultrason((R)) (PESU) product lines. TenCate
Advanced Composites joins in with their expertise in composite
manufacturing. Together both companies are dedicated to automotive
composite materials (UD-tapes, prepregs and laminates) based on these
specialty resin systems. 
"The next major advance in lightweight automotive constructions will
not be possible without a dramatic reduction in processing costs.
This can be accomplished by using continuous fiber reinforced
thermoplastic composites. The breakthrough for composites to mass
production, however, has not yet been made. By working together with
TenCate, we intend to jointly achieve this breakthrough", explains
Melanie Maas-Brunner, successor to Willy Hoven-Nievelstein and new
head of the Engineering Plastics Europe business unit of BASF in
"TenCate Cetex((R)) laminates and prepregs have long been applied in
commercial aircraft constructions, and are increasingly used in
industrial manufacturing processes. Now, TenCate intends to expand its
activities in the automotive industry. We are looking forward to this
joint effort in making new materials rapidly available for automotive
mass production", says Frank Meurs, group director of TenCate
Advanced Composites EMEA. 
Advantages of thermoplastic composite materials 
Compared to metal parts, fiber reinforced plastic composites can be
30 to 50 % lighter. Thermoplastic composites help car manufacturers
economize on the fuel consumption of automobiles and enable the
industry to safe costs. Due to the ease of thermoplastic processing,
these advanced materials will dramatically reduce production cycle
times, have no limitations in shelf life and can be recycled. Thus
mass production becomes accessible. Much experience has been built up
over the last decades in connection with welding technologies to
connect composites materials into complex structures and to integrate
these components and structural parts into multi-material
end-products. Target applications are semi-structural parts as well
as primary structures  in car bodies and chassis. 
Thermoplastic laminates with continuous fiber reinforcement are woven
or non-woven fabrics impregnated with resins and formed into sheets,
which are extremely light yet very strong. UD-tapes, another product
class, make full use of the anisotropic nature of uni-directionally
(UD) oriented impregnated fibers. In a second step, these
semi-finished products can be formed into more complex parts and
overmolded by means of injection molding. This combination results in
components that are enhanced by a high degree of functional
Royal Ten Cate Almelo, the Netherlands, BASF SE
Ludwigshafen, Germany Thursday, 25 October 2012 
Note for the editor: 
Digital images are available on request on media@tencate.com 
TenCate  Advanced Composites  is a  leader in  the development and
production of thermoplastic  and  thermoset  prepreg  composites  for
various industries. Its product  portfolio is  incorporated into
automotive products, medical equipment and  numerous  other 
applications. TenCate  Advanced Composites has production facilities
and operations in North America, Europe and Asia. 
Royal  Ten  Cate  (TenCate)  is  a  multi-national company that
combines textile technology  with  related  chemical  processes  and 
material technology in the development   and   production   of  
functional materials   with  distinctive characteristics. Products of
TenCate are sold worldwide. 
Systems  and materials from TenCate come under four areas of
application: safety &  protection, space & aerospace, infrastructure 
& the environment, and sport & recreation. TenCate occupies leading
positions in protective fabrics, composites for  space  and 
aerospace,  anti-ballistics, geosynthetics and synthetic turf.
TenCate is listed on the NYSE Euronext (AMX). 
BASF  is  the  world's  leading  chemical  company:  The  Chemical 
Company. Its portfolio  ranges  from  chemicals,  plastics, 
performance  products and  crop protection  products  to  oil  and 
gas.  We  combine  economic success, social responsibility  and
environmental protection. Through science and innovation we enable 
our customers in  almost all industries to meet the  current and
future needs  of society.  Our products  and system  solutions
contribute to conserving resources,  ensuring  healthy food  and 
nutrition  and  helping to improve the quality  of  life.  We have 
summarized  this  contribution  in  our  corporate objective:  We
create chemistry  for a sustainable  future. BASF posted sales of
about EUR73.5 billion in 2011 and had more than 111,000 employees as
of the end of the  year. BASF  shares are  traded on  the stock 
exchanges in Frankfurt (BAS), London  (BFA) and Zurich (AN).  Further
information on BASF  is available on the Internet on www.basf.com. 
Press release as PDF:

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Source: Koninklijke Ten Cate NV via Thomson Reuters ONE 
TenCate corporate
Frank Spaan
Corporate Director Business Development & Investor Relations
Telephone:        +31 (0)546 544977
Mobile:             +31 (0)612961724
Email:               businessdevelopment@tencate.com
Internet:            www.tencate.com 
TenCate Advanced Composites EMEA
Frank Meurs
Group Director
Telephone:        +31(0)548 633700
Email:               tcac@tencate.com
Internet:            www.tencateadvancedcomposites.com 
Media contact:  Sabine Philipp, BASF SE,
Telephone:        +49 (0)621 60 43348
Email:               sabine.philipp@basf.com 
Internet:            www.ultramid.de
Internet:            www.basf.de/plastics/pressreleases
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