- In January 2024, Gurit introduced two new products. The first, Gurit Kerdyn FR+, is a PET recycled structural foam that holds Class C - EN13501 certification. It offers excellent compressive strength and stiffness. The second, Balsaflex Lite, is a next-generation balsa and PET core material featuring an innovative coating system that minimizes resin uptake during infusion processes. Additionally, in October 2023, Gurit secured significant long-term supply agreements with two major OEMs, which are expected to drive substantial net sales over the duration of the contracts
- In June 2022, Korean Aerospace Industries (KAI) entered into a new long-term agreement with The Gill Corporation. Under this contract, The Gill Corporation will provide non-metallic honeycomb products from its El Monte division and metallic honeycomb products from its Maryland division. In May 2022, 3A Composites Core Materials acquired SOLVAY's TegraCore PPSU resin-based foam, incorporating it into the AIREX TegraCore portfolio. Both companies agreed to continue their collaboration to further advance the development of AIREX TegraCore
- In February 2021, Armacell International S.A. introduced its new flexible PET foams to the global market, aiming to enhance revenue generation
- In February 2021, Euro-Composites S.A. introduced its poly-shaped core material, designed for use in boats, helicopters, aircraft, and various other applications. The launch of this core material is intended to strengthen its presence across different end-use industries
- In November 2019, Evonik Industries announced an increase in its production capacity for lightweight construction materials by expanding its ROHACELL closed foam cell production in North America. This expansion aims to boost revenue generation
