Solvay has signed an agreement with BAKER HUGHES to partner on innovative solutions implementing THERMOPLASTIC COMPOSITE MATERIALS in offshore flexible pipes and risers for the oil and gas industry. Solvay’s expertise in composite materials and leadership and innovation in polymers, combined with Baker Hughes’ expertise in oilfield equipment will help accelerate the adoption of composite technology in the oil and gas industry. Thermoplastic composites are enabling the adoption of flexible risers for ultra-deep waters while requiring lower total expenditure than conventional technologies.For identifying growth opportunities in the thermoplastic composites market, please visithttp://www.lucintel.com/thermoplastic_composites_market_2016_2021.aspx
Helping clients grow through game changer ideas, robust market and unmet needs analysis.
We make you smartest person in the room. Creating better value through winning strategies and better analytics-driven decisions.
Executed hundreds of consulting projects in various markets since 1998. Thought leadership in Wall Street Journal, Financial Times, Bloomberg, etc.
Subscribe to our FREE newsletter to learn about the emerging industry trends, opportunities, drivers and challenges