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Applied Fiber concludes license agreement with Bridon-Bekaert Ropes Group

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World Coal,

Applied Fiber, a leading provider of fibre rope termination technology, and Bridon-Bekaert Ropes Group (BBRG), a premier supplier of mission-critical ropes, have signed a technology license agreement on high capacity fibre rope terminations. Under this agreement, BBRG will use Applied Fiber’s patented high capacity termination technology to produce high strength fibre rope assemblies for mining, offshore and industrial lifting markets.

Applied Fiber has developed an industry leading technology that redefines how fibre rope assemblies are terminated. Applied Fiber’s patented terminations are strong, reliable and of a 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 fibre ropes in key markets. Both parties will also collaborate to further develop the technology for new applications.

Richard Campbell, CEO of Applied Fiber, stated: “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 fibre rope terminations.”

Curd Vandekerckhove, CEO of BBRG, added: “BBRG 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.”

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