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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

SGL Group, a leading manufacturer of carbon-based products and materials, will sell its graphite electrode (GE) business to Showa Denko (Japan). Following the closing of the transaction, approximately 900 employees and six production sites in Germany, Austria, Spain, USA, and Malaysia will be transferred from SGL Group to their new owner.

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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 liter V12 engine car to run on pure gasoline or hydrogen or a blend of both.

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Audi introduces sport e-bike concept at Wörthersee

Green Car Congress

One of the highlights on the Audi stand at the 2012 Wörthersee Tour in Austria (an annual gathering of Audi VW, Seat and Skoda enthusiasts) is an electric bicycle technology concept: the Audi e-bike Wörthersee. Its capacity is 530 Wh and it can be fully recharged from a 230 V supply in two and a half hours. Audi e-bike Wörthersee.

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