Owens Corning and Pultron Composites join to make fibreglass rebar
Owens Corning and Pultron Composites have created a joint venture to manufacture fibreglass rebar.
The companies have committed to provide more sustainable product solutions and higher performance concrete reinforcement products.
New Zealand firm Pultron Composites has developed a leading fibreglass rebar production process. Owens Corning’s products carry ACI, ASTM, ICC-ES and CSA Grade III code compliance and are a suitable replacement to steel rebar.
Fibreglass rebar is up to seven times lighter than steel and is a proven corrosion resistant reinforcement, extending the life of concrete which is particularly important when construction materials are exposed to the elements, such as in coastal areas.
“Joining forces with Pultron Composites combines our core glass-fibre material technology, expansive channel access, and extensive industry experience with Pultron’s manufacturing expertise and process efficiency. This significantly expands our market opportunities, providing additional capacity and exceptional service in the market,” said Marcio Sandri, Owens Corning Composites President.
“We’re excited to expand our partnership with Owens Corning and leverage the respective strengths of both our companies to accelerate global adoption of fibreglass rebar,” said Jasper Holdsworth, Pultron Composites Chief Executive Officer. “This joint venture will enable us to obtain greater access to the global rebar market, including expansion in the United States.”
The North America rebar market is estimated to be approximately $9 billion, growing at an annual rate of about 4%.
Fiberglass rebar currently constitutes less than 1% of this market and has the potential to significantly grow.
Image: Drawing resin soaked continuous glass fibre through a former to make rebar.
