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NEW YORK, NY – 4/8/09 – The Chemical Heritage Foundation of Philadelphia, PA will feature Paul W. Pendorf, president of the AMTII Corporation as keynote speaker at its monthly meeting of the Joseph Priestly Society Luncheon to be held at 12:15 p.m on Thursday, April 9th. Pendorf will speak about his experience as an executive and investor in the Carbon Fiber Composites industry during its formative period of the last twenty-five years. Pendorf will address the increasing use of carbon composites to replace metals in the transportation, aerospace, defense, and alternative energy industries. He will discuss the chemical processes involved in the manufacture of carbon fiber, production and fabrication techniques as well as, surveying the supply chain, end users and applications that are manifesting in the explosive worldwide growth of the carbon fiber industry.
“I am delighted to share insights into the ever expanding use of carbon fiber composites as a primary building block,” said Mr. Pendorf. “Today we are changing from the metal age to a time where there is recognition of the value of a material with ever expanding uses that does not corrode, is stronger than steel and is exceptionally light in weight. The increasing use of carbon fiber technologies are bringing about new opportunities for fuel economy and lightweight structural platforms that are useful in our efforts to curb global warming and preserve natural resources,” he concluded.
The Joseph Priestly Society was founded in 2002 “to promote the understanding of scientific, technological, and industry developments” in the chemical industry. The society focuses on issues involving the evolution and commercialization of chemical innovation driven by entrepreneurship. “Members are experienced, senior individuals from a wide variety of large and small chemical companies, and also from the financial, consulting and academic communities,” according to Bob Kenworthy, Manager of Affiliate Relations at the Chemical Heritage Foundation.
AMT II Corporation is a private investment and management firm. It is a Delaware Corporation with offices in New York City, Las Vegas, Washington D.C. and southern California. The company was founded after its predecessor AM&T, was sold to Cytec Industries in 1998. AMT II recently monetized its 2004-2005 investments and is forming AMT III as a holding company for future acquisitions. AMT II WILL REMAIN AS AN INVESTMENT AND MANAGEMENT COMPANY. From 2007 and going forward, this new entity is investing along with selected equity partners in companies within the aerospace, advanced carbon fiber composites (with emphasis on aerospace and defense applications), and specialized chemical industries.
Paul W. Pendorf, President
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