Spain govt backs Montefibre Carbon's precursor fiber plant

Spain govt backs Montefibre Carbon's precursor fiber plant

9:21 AM, 11th October 2019
Spain govt backs Montefibre Carbon's precursor fiber plant
From L&R: Galo Gutiérrez, the Deputy Director-General of Management; Raúl Blanco, Secretary-General of Industry and Small and Medium-Sized Enterprises of the Ministry of Industry, Trade & Tourism; Aitana Hernando, Mayoress of Miranda de Ebro; and Alfonso Cirera, Montefibre Carbon President.

MIRANDA DE EBRO, SPAIN: Montefibre Carbon, based in Spain has received € 5.6 million from the Spanish Ministry of Industry, Trade & Tourism as part of the country’s REINDUS (Reindustrialization and Strengthening of Industrial Competitiveness) initiative to facilitate the company’s transition from producing textile acrylic fiber to polyacrylonitrile (PAN) precursor for conversion to carbon fiber (precursor fiber).

Montefibre Carbon is a leading company in precursor fiber, as it was of acrylic fiber for over 40 years, and has focused its attention on producing large and ultra-large precursor fiber to be used in high-volume, cost-sensitive mass markets like automotive, marine and wind energy applications.          

This financing facility provided by the Spanish Government is part of the €7.5 million investment in the transformation of Montefibre’s 302,656 square meter factory in Miranda de Ebro, Spain. Montefibre Carbon is adapting its polymerization and dope preparation with a potential capacity of 75,000 metric tons per year, and 4 of its 7 spinning lines to bring to market some 17,000 tons per year of its large-tow precursor fiber in the next three years, with a plan to increase its production to 33,000 tons per year by 2025.

All the adaptations and transformations of the Miranda de Ebro plant are carried out with Montefibre Carbon's own proprietary technology, which is based on the original development of precursor fiber by Monsanto at the end of the 1950s in Knoxville, Tennessee (still used by the world’s leading carbon fiber producers), but improved upon through more than 20 years of research into PAN precursors by the Montefibre group.

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