CONTENTS NEWS WORLDWIDE Companies Huntsman agrees to be acquired by Hexion for $28.00 per share 8 Owens Corning plans to sell composite manufacturing plants in Belgium and Norway 8 BUSINESS Market survey The UPR market in China in 2006 16 Development of the composite market in China 20 FEATURE MARINE Market The Chinese yachting industry in 2007/2008 32 Raw Materials The benefit of balance 34 AN INTERVIEW WITH MR. Zhiping SONG CHAIRMAN OF CHINA NATIONAL BUILDING MATERIALS GROUP CORP. LTD (CNBM) Niche markets Past, present and future of continuous basalt fibre 24 Hexcel announces sale of product lines 8 Saint-Gobain ready to divest its Reinforcements and Composites business to Owens Corning 8 Safety offshore - When “a drop in the ocean”means just that! 35 Composite ballistic solution 36 Agenda of events 10-11 2008 JEC Singapore 12-14 A first composite Singapore event with a sophisticated content 12 Trends Italian guidelines: on the use of innovative materials for structural purposes 26 Innovative prepreg systems for the marine industry 37 Human capital Formulating a long-term strategy 30 AN INTERVIEW WITH FRÉDÉRIQUE MUTEL JEC’S PRESIDENT AND CEO Composites Design Tutorial 13 AN INTERVIEW WITH MR. PETER GEORGE, GLOBAL MARKETING MANAGER, GURIT JEC Composites Magazine / No35 september 2007