Owens Corning S-Glass products complement AGY's existing S-2 Glass® business.
S-2 Glass products provide a higher level of performance than traditional E-Glass products and are designed for demanding applications such as helicopter blades, aircraft flooring and interiors, vehicle armour protection, and down-hole tooling in the oil and gas industry.
| S-glass is a magnesia-alumina-silicate glass, especially designed to provide very high tensile strength glass filaments. |
The agreement will also enable AGY to leverage Owens Corning's global market development expertise to grow demand, particularly in the area of S-Glass engineered thermoplastics.
"This agreement enables our customers to benefit from AGY's global leadership in S-2 Glass while realising the full potential of Owens Corning's S-Glass technology," says Steven Vermeulen, vice president and managing director of Owens Corning's Engineered Solutions business.
"For Owens Corning, this agreement provides the opportunity to better realise the value of S-Glass technology, while at the same time allowing us to focus more intently on core products and initiatives."
Owens Corning (OC), headquartered in Toledo, USA, is a global producer of building materials, glass fibre reinforcements and engineered materials for composite systems. It recorded sales of sales of $5.3 billion in 2013 and employees about 15,000 people in 27 countries.
AGY, headquartered in Aiken, South Carolina, USA, specialises in glass fibre yarns and high-strength glass fibre reinforcements used in a variety of composites applications. The company employs approximately 1150 people globally.