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Asahi Kasei to present diversified material solutions for EV batteries and circular economy at Fakuma 2023

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Japanese technology company Asahi Kasei will showcase diversified material solutions for safe and compact EV batteries, improved connectivity and lightweighting, as well as circular economy at Fakuma , the world’s leading trade event for industrial plastics processing, from 17 - 21 October 2023 in Friedrichshafen, Germany.

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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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Lux: carbon fiber to go mainstream in automobiles by 2025

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Driven by a faster-than-expected pace of technology development, carbon-fiber reinforced plastics (CFRPs) will be poised to gain widespread adoption for automotive lightweighting by 2025, according to a new report from Lux Research, “Scaling Up Carbon Fiber: Roadmap to Automotive Adoption.”. Earlier post.)

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Toray to enter large tow carbon fiber business via $584M acquisition of Zoltec; wind and automotive markets

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is acquiring Zoltek Companies, Inc. Zoltek is a large two carbon fiber manufacturer; large tow carbon fiber is carbon fiber with 40,000 or more filaments applied for applications such as wind turbine blades and reinforced plastics compounds, and is produced on modified acrylic staple fiber production lines for textiles.

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Daimler and Toray to establish JV for carbon-fiber based automobile parts; new production and joining process enables large-scale production

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and Daimler AG are forming a joint venture in Esslingen, Germany, for manufacturing and marketing of Carbon Fiber Reinforced Plastics (CFRP) automobile parts. As part of this move, the company plans to actively adopt CFRP parts and increase the number of models using such parts. Toray Industries, Inc.

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Hyundai Motor Group’s Supernal unveils eVTOL vehicle cabin concept at 2022 Farnborough International Airshow

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Supernal partnered with the Group’s design studios to create the cabin concept as the company works to certify its eVTOL vehicle for commercial use in the United States starting in 2028 and in the EU and UK shortly after. The seat frame also utilizes excess raw material from the airframe manufacturing process.

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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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The Dow Chemical Company, through its wholly-owned subsidiary Dow Europe GmbH, and Turkey-based AKSA Akrilik Kimya Sanayii A.?. signed a definitive agreement to form a joint venture to manufacture and commercialize carbon fiber and derivatives.