DSM Dyneema acquires Cubic Tech

DSM Dyneema, the inventor and manufacturer of Ultra High Molecular Weight Polyethylene (UHMwPE) fiber, branded as Dyneema, finalized the acquisition of Cubic Tech Corporation.

Cubic Tech is engaged in custom design, development and production of innovative high performance ultra-lightweight flexible laminates and fabrics — most of them based on Dyneema. It is focused on high-end solutions in applications as diverse as racing yacht sails, equipment and apparel for sportswear, outdoor and future soldier programs as well as emergency medical equipment.  

The acquisition of Cubic Tech reinforces the position of Dyneema as one of the leading brands of ultra high performance materials. It broadens DSM Dyneema’s product portfolio, provides it with downstream knowledge complementary to its own in the processing of UHMwPE fiber, tape and production of uni-directional (UD) fabrics, and enhances the company’s innovation pipeline. The acquisition of Cubic Tech accelerates DSM Dyneema’s entry into the performance apparel markets and will add important new revenue streams and developments in existing markets as well as creating access to several new applications.

Cubic Tech’s technology has been developed and refined over two decades of research and development, originating with the development of racing sails used in the America’s Cup in 1992.

Cubic Tech will be fully integrated into DSM Dyneema and all employees of Cubic Tech are being invited to stay on after the acquisition.