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

Green Car Congress

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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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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BMW Group plants stepping up activities in balancing-power market to contribute to grid stability

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The energy control stations at BMW Group Plants Dingolfing and Landshut are stepping up their activities in the balancing-power market in Germany. Electricity generation from variable renewable electricity sources (VRE) such as wind and solar power has grown rapidly and is expected to continue to do so. The German Balancing Paradox.

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

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In the wind energy industry, advances in low-cost composite materials will help manufacturers build longer, lighter and stronger blades to create more energy. American Chemical Council; National Composites Center; Oak Ridge Carbon Fiber Composites Consortium; Polymer Ohio, Inc.; Adherent Technologies, Inc.; TPI Composites, Inc.;

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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.

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Department of Energy Announces $57M for Small Businesses in Phase III Xlerator Program; Algal Biofuels, Advanced Vehicle Technologies and Fuel Cells Included

Green Car Congress

This program can impact hybrid vehicle markets and wind energy industries through this improved magnet composition, helping to revitalize the once-strong U.S. These high resistivity magnets can reduce motor eddy current and increase motor efficiency, as well as address cost reduction by testing automated production processes.

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