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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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PNNL leads team to accelerate development of affordable carbon fiber composites

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Researchers at the Department of Energy’s Pacific Northwest National Laboratory, along with experts from industry and academia, have developed predictive engineering tools for designing new, economical, and lightweight automotive composites. This approach should speed the development of more economical carbon fiber materials.

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

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Toray Industries, Inc. has signed a Joint Development Agreement (JDA) with Daimler AG to develop automobile parts made of carbon fiber reinforced plastics (CFRP). The companies aim for adoption of the newly developed parts in Mercedes-Benz models within next three years. Earlier post.)

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Toray to open new R&D base in Europe for new materials for environmentally friendly vehicles

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Toray Industries will open Automotive Center Europe (AMCEU) in August 2018 near Munich, Germany, as part of strengthening of R&D function related to the Green Innovation (GR) Business in Europe.

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University of Tennessee to head $250M advanced composites manufacturing institute; Ford, Honda and Volkswagen members

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The new Institute for Advanced Composites Manufacturing Innovation (IACMI), announced today by President Obama, will focus on advanced fiber-reinforced polymer composites that combine strong fibers with tough plastics to yield materials that are lighter and stronger than steel. PolyOne Corporation; PPG Industries, Inc.;

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