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With this acquisition, the company extends Dyneema brand into high-performance fabrics.
Cubic Tech Corporation is a privately owned company, based in Mesa (Arizona, USA). It has specialized for 23 years in the custom design, development and production of innovative high performance ultra-lightweight flexible laminates and fabrics — most of them based on Dyneema. Cubic Tech is focused on high-end solutions in applications as diverse as racing yacht sails, equipment and apparel for sportswear, outdoor and future soldier programs as well as emergency medical equipment. Terms of the acquisition will not be disclosed.The acquisition of Cubic Tech reinforces the position of Dyneema in ultra high performance materials. It broadens DSM Dyneema’s product portfolio, provides it with downstream knowledge complementary to its own in the processing of UHMwPE fiber, tape and production of uni-directional (UD) fabrics, and enhances the company’s innovation pipeline. The acquisition of Cubic Tech accelerates DSM Dyneema’s entry into the performance apparel markets and will add important new revenue streams and developments in existing markets as well as creating access to several new applications.Adding Cubic Tech to its portfolio also strengthens DSM Dyneema’s commitment to be a leader in offering sustainable solutions, enabling the replacement of traditional materials with new and innovative products that are lighter, stronger, more durable, and which have reduced environmental impact.More information: www.dyneema.com