WIND TURBINE COMPOSITES MARKET ANALYSIS

Market News

Wind Turbine Composites Market: Key developments

• In October 2018, Gurit acquired JSB Group a/S with the objective of enhancing their offerings associated with wind energy. The expertise of JSB group would be helpful in offering material kits for wind turbine blades with manufacturing facilities in different regions of the world. JSB’s business operations will be formulated as another business unit under Gurit with no changes in the brand name.
• In March 2018, Toray Industries, Inc. acquired Koninklijke Ten Cate bv’s subsidiary “TenCate Advanced Composites Holding B.V.” This acquisition would be helpful in gaining benefits from their expertise in the manufacturing of thermoplastics and thermoset prepreg. This acquisition help in expansion of technological and product capabilities of TORAY in combination with TenCate.
• In 2016, Gamesa Corp supplied 94 wind turbines to DONG Energy for the Borselle 1 and 2 wind project in the Netherlands. The project has boosted the wind turbines composites market in Europe.