TenCate Acquires Baycomp
Royal Ten Cate NV, The Netherlands, has acquired Performance Materials Corporation (PMC) Baycomp,
Camarillo, Calif. — a composite molding and thermoplastic unidirectional (UD) tape materials
producer. TenCate plans to grow PMC Baycomp's revenue potential for affordable composite materials
in industrial markets such as oil and gas, and automotive; and also to produce similar UD tape
materials in Europe.
The acquisition is expected to benefit TenCate's Industrial Composites, Space Composites, Aerospace Composites and Advanced Armour market groups.
"The great advantage of thermoplastics is that their rapid processing enables industries to use these materials in high volume industrial manufacturing processes, wherein they can provide large cost benefits," said Dave Clarke, group director, TenCate Advanced Composities. "With rising oil prices and CO2 emission restrictions, the automotive industry has a need to use these types of materials in their new generation vehicles."