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

Green Car Congress

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

Green Car Congress

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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Toyota to form hydrogen gasoline cells in Kentucky in December

Baua Electric

Beneath CEO Koji Saito, the corporate has created an detached trade unit referred to as the Hydrogen Manufacturing unit to spearhead hydrogen-powered, emission-free applied sciences as a part of the corporate’s multipath strategy to reaching carbon neutrality by means of 2050. of the overall. within the subsequent technology.