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Tue 14 Nov 2017 01:51 PM

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UAE's Strata inks JV to supply Boeing with high-tech materials

Material is used to manufacture composite structures for aviation applications, including Boeing's latest 777X

UAE's Strata inks JV to supply Boeing with high-tech materials

Strata, the UAE-based composite aerostructures manufacturing facility, and Solvay have formalised their joint venture to supply Boeing with advanced composite materials from a high-tech facility to be built in Al Ain.

Following the signature of the JV agreement, the parties will seek anti-trust approvals, a statement said.

The equal ownership joint venture will be the UAE’s first supplier of pre-impregnated carbon fibres, also referred to as "prepreg".

This durable advanced material is used to manufacture composite structures for aviation applications, including Boeing’s latest generation aircraft, the 777X.

The partnership marks Mubadala’s entry into advanced materials manufacturing for the aerospace industry through Strata, its wholly owned business, and Solvay’s entry into advanced materials manufacturing in the UAE, the statement added.

Khaled Abdulla Al Qubaisi, CEO, Aerospace, Renewables and ICT, Mubadala, said: “This agreement with Solvay fits perfectly with our growth strategy, focusing as it does on high-tech manufacturing capabilities, and demonstrates our commitment to providing competitive offerings to the world’s leading OEMs.”

“This joint venture showcases Solvay’s capabilities in advanced aerospace composite technologies, including for aircraft primary structures as a growth pillar for our materials business,” added Jean-Pierre Clamadieu, CEO of Solvay.

Badr Al-Olama, chairman of Strata Manufacturing and Director of Aerospace, Mubadala, said: “This is another ‘made in the UAE’ success story for Strata and its shareholder, Mubadala. We’re incredibly proud to be an integral part of the global aerospace supply chain, and to expand on our partnership with Boeing through this exciting entry into advanced materials manufacturing.”

The composite content of next-generation aircraft continues to grow as manufacturers of large commercial aircraft aim to reduce weight, improve fuel efficiency and reduce CO2 emissions.

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