Carbon fiber use said benefiting Alcoa
May 14, 2014 | 04:53 PM
| Nathan Laliberte
NEW YORK Alcoa Inc. expects to benefit from the increased use of composite materials in the aerospace sector due to the companys strong position in fastening systems and propulsion technology, according to executive vice president and chief financial officer William F. Oplinger.
"(We) actually benefit from higher revenues on the non-aluminum planes because of our positioning on fastening systems and power and propulsion," Oplinger said at Bank of America Merrill Lynchs annual Global Metals, Mining and Steel Conference in Miami. "So it is not a bad thing for Alcoa that the planes are multi-material. In fact, it gives us opportunities for fastening solutions that we havent had before."....
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