Cytec Industries, Dralon GmbH collaborate large tow industrial grade carbon fiber

Cytec, Dralon collaborate for large tow industrial grade carbon fiber

5:34 AM, 9th July 2014
Cytec Industries, Dralon GmbH collaborate for large tow industrial grade carbon fiber
Shane Fleming, Chairman, President, and CEO, Cytec Industries.

WOODLAND PARK, US: Cytec Industries Inc has entered into strategic discussions with Dralon GmbH, the recognized German manufacturer of acrylic fibers, to support the exploration and development of large tow industrial grade carbon fiber. Demand for large tow carbon fiber is projected to grow significantly in the coming years, driven by increasing use in industrial markets such as automotive, whereby original equipment manufacturers are actively researching the technology to help them achieve lighter-weight vehicles with greater fuel efficiency.

“Cytec offers a strong channel to market given our position today of supplying high performance automotive applications, as well as our decades of experience supplying carbon fiber composite technology to the aerospace industry. We are actively pursuing the development of carbon fiber based composites for the next addressable serial automotive market. Large scale adoption will necessitate the need for a robust supply chain of industrial grade, or high tow fibers, that offer low cost supply and continuity,” said Shane Fleming, Chairman, President, and CEO, Cytec Industries.

“We are therefore working with Dralon to evaluate the most appropriate solution to address this market, including potential joint investment. Dralon’s manufacturing experience in acrylic fiber production, its rich brand identity, and ideal location relative to the target market make for a good strategic partner to explore the possibilities together, including conversion of an existing facility from acrylic to carbon fiber production. As of now we envision operating the carbon fiber production as a separate entity with opportunities to seek additional external partners,” added Fleming.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Showa Denko expands lithium ion batteries material capacity

TOKYO, JAPAN: Showa Denko Packaging Co Ltd, a subsidiary of Showa Denko KK, completed the expansion work of its production capacity for aluminum lamin ...

Read more
CB&I bags Petrofac’s sphere storage contract in Saudi Arabia

THE WOODLANDS, US: CB&I has been awarded a contract valued in excess of $60 million by Petrofac Saudi Arabia Co Ltd. The project scope includes th ...

Read more
Xellia acquires Fresenius Kabi’s manufacturing facility in Raleigh, US

COPENHAGEN, DENMARK: Xellia Pharmaceuticals, a specialty pharmaceutical company focusing on providing important anti-infective treatments against seri ...

Read more
New formulation of chemotherapy drug to kill cancer cells effectively

GEORGIA, US: University of Georgia researchers have developed a new formulation of cisplatin, a common chemotherapy drug that significantly increases ...

Read more
AkzoNobel to sell paper chemicals business to Kemira for €153 million

AMSTERDAM, THE NETHERLANDS: AkzoNobel announced the intended sale of its global paper chemicals business to Kemira for €153 million. Paper Chemic ...

Read more
19,000 protein producing genes in humans, finds new study

LONDON, UK: In a new research, scientists have found the number of protein generating genes in humans to be 19,000 - 1,700 fewer than the most recent ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X