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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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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

It can do this with little disruption to the way homes and industry purchase and use energy today. Some examples are the use of fiberglass, carbon fiber and Kevlar substituting for wood and metal in vehicle parts, appliances and furniture products. We can set a goal to have every new vehicle purchased be a PHEV.

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