10/07/2012

Denroy Plastics Securing Funding For Prestigious Project

First Minister Rt. Hon. Peter D. Robinson MLA and Enterprise Minister Arlene Foster have congratulated Bangor-based Denroy Plastics on securing European funding for a significant research and development project.

The plastic moulding manufacturer revealed the news at Invest Northern Ireland’s stand at the Farnborough Air Show. The project will see Denroy take up a leading position in a consortium comprising industry market leaders, AIRBUS and 5M, and scientific and technological research organisations, MatRI in the UK and ITA in Spain.

The EC-funded project aims to develop a process to injection mould thermoplastic composite components for aerospace structural applications. A successful implementation of this process will put Denroy at the forefront of ground-breaking technology opportunities for the aerospace industry. The target areas will be the replacement of small-to-medium sized machined aluminium, titanium and hand lay-up thermoset composite components.

The First Minister said: "In its 40 year history, Denroy Plastics has built up unrivalled knowledge in plastic moulding and is regarded as a world leader in its field. Implementing this project in partnership with renowned international partners will give Denroy a platform to compete for new and innovative business opportunities on a global stage."

Arlene Foster said: "The global aerospace industry as a whole is continuing to experience significant growth and as a supplier to many of the most important aircraft programmes, the aerospace sector in Northern Ireland is contributing to this. Denroy Plastics has established itself as an enterprising and progressive company and has demonstrated its commitment to market-led innovation over its 40-year history. This R&D project will position Denroy to benefit from future supply chain opportunities."

(CD/GK)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

23 June 2015
Denroy Plastics To Create Over 30 New Jobs
Denroy Plastics has announced it is to create 32 new jobs in Bangor. The firm is also to invest £3 million which will involve a staged expansion of the production capacity at Denroy's factory premises and purchasing new equipment.
03 September 2012
Magellan Aerospace Acquisition Welcomed
Enterprise Minister Arlene Foster has welcomed the acquisition of John Huddleston Engineering Ltd (JHE) by Magellan Aerospace Corporation, a global aerospace company based in Canada. JHE, based in Greyabbey, Co. Down, is one of the leading UK precision engineering companies supplying the global aerospace and defence sectors.
13 March 2002
British aerospace industry suffers further job losses
The British aerospace industry has been rocked by the news that Smiths Aerospace are to cut another 1200 jobs. The company, which employs 13,000 people in the UK, has stated that the cuts will result in the closure of their Basingstoke electronics plant.
11 July 2016
New Collaboration Of Aerospace Launches In NI
A new collaboration in the world of Aerospace has launched in Northern Ireland. Causeway Aero will bring together BASE, Denroy Plastics, Moyola Precision Engineering, Dontaur Precision Engineering and Hutchinson Aerotech under one brand to offer a full design and manufacturing solution for international aerospace firms.
18 July 2014
Bombardier Commits To Aerospace Supply Chain SC21
Bombardier Aerospace, Belfast and B/E Aerospace (UK) in Kilkeel, County Down, have committed to the delivery of the UK aerospace and defence industry supply chain development programme, SC21. SC21 is a supply chain excellence programme that aims to influence best practice and help increase the competitiveness of aerospace and defence companies.