The Cheswick, Pa.-based reinforcements supplier's 50 percent share in the Shelby, N.C.-based joint venture, a glass fiber weaving operation that serves the wind energy industry, goes to Hexagon Devold (Langevåg, Norway).
PPG Fiber Glass (Cheswick, Pa.) has sold its 50 percent interest in PPG-Devold LLC (Shelby, N.C.) to Hexagon Devold (Langevåg, Norway), a wholly owned subsidiary of Hexagon Composites (Alesund, Norway). The May 7 announcement noted that the 50/50 joint venture was created in 2007 to manufacture glass fiber reinforcement fabrics for use in wind turbine blades in the wind energy industry.
PPG Fiber Glass says it intends to continue to manufacture fiberglassmaterials for the wind energy industry, and Hexagon Devold (formerly Devold AMT) will continue to manufacture multiaxial and unidirectional reinforcement fabrics in the U.S. at PPG’s Shelby, N.C., fiberglass facility.
“PPG is a key supplier to many independent weavers and fabric manufacturers for wind turbines, including Hexagon Devold, and we look forward to continuing that relationship with them,” said Kevin McDonald, PPG general manager, U.S., Canada and EMEA (Europe, Middle East and Africa) fiber glass reinforcement.
