Owens Corning launches new, weight-saving solution for structural composites in automotive applications PR Newswire PARIS, France, March 12, 2014 PARIS, France, March 12, 2014 /PRNewswire/ --Owens Corning (NYSE:OC), a leading global producer of glass fiber reinforcements and engineered materials for composite systems, today announced a new multi-end roving designed for epoxy sheet molding compound (SMC) systems in automotive applications. In combination with epoxy sheet molding compound (SMC) systems, the new ME1510 glass reinforcement enables improved mechanical properties. ME1510 features superior strength and flexural modulus, fast impregnation and excellent process characteristics in SMC, allowing up to 63 percent glass fiber content^1. "Taking weight out of cars is required to enable meeting CO emission regulations and fuel economy standards. In combination with the epoxy resin system, the ME1510 solution provides the opportunity for significant part weight reduction compared to steel^2" said Hans Van Der Steen, Owens Corning Business Development Leader for Structural Composites. "Furthermore, the SMC process technology provides the right balance between molding cycle times, design freedom (allowing for function integration), and high mechanical properties." The automotive market is expected to grow to 100 million new vehicles per year by 2020^3. With increased regulatory constraints in Europe, North America, and Asia, matching CO emission regulations and fuel economy standards are key drivers for weight reduction initiatives. A 200 kg to 300 kg weight reduction will be required to meet the CO emission targets set for Europe in 2020, i.e., 95g CO2/km. Along with engine and transmission improvements, the replacement of traditional materials with lightweight and durable composite materials represents one of the most significant opportunities for vehicle light weighting. Composites allow for enhanced function integration compared to metal and will lead to further weight reduction opportunities in the medium to long term, in structural applications such as floor systems, pillars, roof and door modules, bumper beams, and seat structures. The announcement was made today at JEC Europe, the world's largest annual composites trade show held in Paris, France, where Owens Corning is exhibiting in Hall 7-2 Booth F22. About Owens Corning Owens Corning (NYSE: OC) is a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems. A Fortune 500^® company for 59 consecutive years, Owens Corning is committed to driving sustainability by delivering solutions, transforming markets and enhancing lives. In business for more than 75 years, Owens Corning is a market-leading innovator of glass-fiber technology with sales of $5.3 billion in 2013 and about 15,000 employees in 27 countries. Additional information is available at: www.owenscorning.com ^1 Owens Corning lab, Besana, Italy, Nov. 2012, Epoxy material system|^2 Owens Corning SMC Technical Cost Modeling analysis, 2013| ^3 Owens Corning SMC Technical Cost Modeling analysis, 2013 SOURCE Owens Corning Website: http://www.owenscorning.com Contact: Nathalie Neyroz-Leonard / Europe, +33 6 67 79 86 05, Nathalie.NeyrozLeonard@owenscorning.com; or Todd M. Romain / Americas, +1 419 248 7826, Todd.Romain@owenscorning.com
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Owens Corning launches new, weight-saving solution for structural composites in automotive applications
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