Woodward, Hexcel Terminate Merger Agreement due to COVID-19 Impact

Hexcel Corporation (HXL) and Woodward, Inc. (WWD) announced that the companies have mutually agreed to terminate their previously announced $6.4-billion merger deal. The decision has been duly approved by the boards of both companies. The companies decided to call off the mega-merger deal in response to the increasing impact of the coronavirus (COVID-19) pandemic on … Read more

Arkema-Hexcel Open a Joint R&D Laboratory in France

Arkema and Hexcel have announced that a joint research and development laboratory will be opened in April in Les Avenières (Isère), France. The R & D facility is part of Arkema and Hexcel strategic alliance, formed in March 2018 to develop thermoplastic composite solutions for the aerospace industry, combining Hexcel’s expertise in carbon fiber with … Read more