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

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(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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Dow and AKSA forming JV for carbon fiber and derivatives; up to $1B investment in project within 5 years

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signed a definitive agreement to form a joint venture to manufacture and commercialize carbon fiber and derivatives. The joint venture will develop and globally market a broad range of products and technical service support in the rapidly expanding carbon-fiber based composites industry.

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Toray and Daimler to Jointly Develop CFRP Automobile Parts for Mercedes-Benz Models

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has signed a Joint Development Agreement (JDA) with Daimler AG to develop automobile parts made of carbon fiber reinforced plastics (CFRP). As the world’s largest manufacturer of carbon fiber, Toray has identified expansion of its Carbon Fiber Composite Materials Business in the automotive field as one of its top priorities.

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SGL Group and BMW Group Establish Carbon Fiber-Joint Venture; BMW Will Use Output in the Megacity Vehicle

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SGL Group and BMW Group have formed a 51:49 joint venture to manufacture carbon fibers and fabrics for the automotive industry. The joint venture will be operated through two companies, one based in North America (SGL Automotive Carbon Fibers LLC), and the other in Germany (SGL Automotive Fibers GmbH & Co KG).

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PNNL leads team to accelerate development of affordable carbon fiber composites

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This approach should speed the development of more economical carbon fiber materials. While stronger and lighter than steel, carbon fiber composites are relatively expensive. Rather than building molds, molding parts, and testing new composites, computer modeling can speed the process.

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Terrafugia obtains FAA Special Light-Sport Airworthiness Certificate for roadable aircraft; “flying car”

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As a unique integration of a two-seat aircraft and an automobile, the Transition is designed to meet safety standards from both the Federal Aviation Administration (FAA) and the National Highway and Traffic Safety Administration (NHTSA). Terrafugia, Inc. —Kevin Colburn, Vice President and General Manager of Terrafugia.

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ORNL seeking US manufacturers to license new carbon fiber process; reduces cost up to 50% and energy up to 60%

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Researchers at the Department of Energy’s Oak Ridge National Laboratory have demonstrated a production method they estimate will reduce the cost of carbon fiber as much as 50% and the energy used in its production by more than 60%. Details of the cost analysis will be shared with the prospective licensees.