License agreement on high capacity fibre rope terminations

Applied Fiber and the Bridon Bekaert Ropes Group (BBRG) 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 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 fibre ropes in key markets. Both parties will also collaborate to further develop the technology for new applications.

Original Source: https://ocean-energyresources.com/2020/11/22/license-agreement-on-high-capacity-fibre-rope-terminations/