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Mitsubishi Rayon acquires majority of carbon fiber reinforced plastics company Wethje; targeting auto industry

Green Car Congress

(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.

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SGL Group to sell graphite electrode business to Showa Denko for €350M; focusing on carbon fiber and graphite

Green Car Congress

We will now be focusing our resources fully on our growth areas Composites - Fibers & Materials (CFM) and Graphite Materials & Systems (GMS) taking advantage of three megatrends mobility, energy supply, and digitization. Jürgen Köhler, CEO of SGL Group.

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Alset dual-fuel Hybrid Hydrogen system to debut in Aston Martin Rapide S at the Nürburgring

Green Car Congress

Austria-based Alset Global’s Hybrid Hydrogen system comprises a hydrogen fuel rail, storage tank and proprietary engine management system. Four carbon-fiber tanks holding 3.23 Four carbon-fiber tanks holding 3.23 liter V12 engine car to run on pure gasoline or hydrogen or a blend of both.