Sumitomo Bakelite Co., Ltd. Invests in New European Manufacturing Line to Produce Epoxy Encapsulation Materials for Automotive

July 06 2020

Sumitomo Bakelite Co., Ltd. has informed its intention to open a new manufacturing line to produce epoxy encapsulation composite materials for automotive applications at its Belgian production subsidiary, Vyncolit NV. The investment will provide local manufacturing capacity for specialist encapsulation materials in the automotive and new mobility fields in Europe, with the company aiming to reach sales in the encapsulation compound market of 12 billion yen by the 2025 fiscal year.

The Sumitomo Bakelite Co., Ltd. epoxy encapsulation portfolio covers a wide array of e Drive applications such as high speed permanent magnet rotors, stator insulation and coil impregnation.

With significant demand for these new encapsulation material applications coming from OEMs and Tier 1s in Europe, Sumitomo Bakelite Co., Ltd. will place its newest manufacturing line in Belgium, at its Vyncolit NV subsidiary. Local production capacity and prototyping facilities will enhance the automotive materials offering and the development of bespoke customer solutions.

The new European production line will come online for industrial supply in early 2022, with a production capacity of several thousand tons per annum.

For identifying Growth Opportunities for Epoxy Curing Agents in Composites Market, please visit http://www.lucintel.com/epoxy-curing-in-composites-industry-2020.aspx

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