Industry Leaders Conclude License Agreement on
High Capacity Fiber Rope Terminations
Applied Fiber, the world’s leading provider of fiber rope termination technology, and BRIDON-BEKAERT ROPES GROUP (BBRG), the world’s premier supplier of mission-critical ropes, have signed a technology license agreement on high capacity fiber rope terminations. Under this agreement, BBRG will use Applied Fiber’s patented high capacity termination technology to produce high strength fiber rope assemblies for mining, offshore and industrial lifting markets.
Applied Fiber has developed an industry leading technology that redefines how fiber rope assemblies are terminated. Applied Fiber’s patented terminations excel in strength, reliability and consistent quality. BBRG has a leading position in several mission-critical rope markets such as mining, offshore energy and industrial lifting and has extensive expertise in synthetic ropes. Through this agreement, BBRG will incorporate Applied Fiber’s advanced termination capability within their manufacturing processes, and will drive the further adoption of high strength fiber ropes in key markets. Both parties will also collaborate to further develop the technology for new applications.
Richard Campbell, CEO of Applied Fiber, stated that “Following many years of dedicated focus, we are pleased to launch our technology licensing model. With Bridon-Bekaert we are excited to welcome the world’s premier rope maker as licensing partner. BBRG brings exceptional global reach and a broad in-house R&D capacity to further accelerate the market introduction of high capacity fiber rope terminations.”
Curd Vandekerckhove, CEO of Bridon-Bekaert Ropes Group, added that “Bridon-Bekaert has a long tradition of driving the adoption of new high performing technologies in rope markets. In light of our commitment to offer the highest level of performance to the market, we are particularly happy expanding our offer with Applied Fiber’s termination technology that has built up an excellent field track record in recent years.”
About Bridon-Bekaert – The Ropes Group:
Bridon-Bekaert Ropes Group (bridon-bekaert.com) is the world’s premier supplier of mission-critical advanced cords and ropes. As a leading innovator, developer and producer of the best performing ropes and advanced cords globally, the Group provides superior value solutions to the oil & gas, mining, crane, elevator and other industrial sectors. Two of the most enduring wire and rope pioneers joined forces in 2016 to make this ambition real. Bridon-Bekaert Ropes Group has a global manufacturing footprint and employs approximately 2 500 people worldwide. Bridon-Bekaert Ropes Group is part of Bekaert, global market and technology leader in steel wire transformation and coating technologies.
About Applied Fiber:
Applied Fiber® (www.applied-fiber.com) is the leading company for terminated synthetic fiber tension systems worldwide. The company’s advanced products are utilized where performance and reliability are essential. Whether high volume OEM production or mission-critical specialty applications, Applied Fiber® delivers engineered tension systems across Mining, Offshore Oil and Gas, Medical, Commercial Marine, Energy, and other Industrial markets.