21 November 2017
21 November 2017
Solvay and Strata have formalised their joint venture to supply Boeing with carbon fibre prepreg materials from a facility to be built in Al Ain, UAE.
The equal ownership joint venture will be the UAE’s first supplier of prepreg. It marks Solvay’s entry into advanced materials manufacturing in the UAE, and Mubadala’s entry into advanced materials manufacturing for the aerospace industry through its wholly owned business Strata Manufacturing.
The new approximately 8,500 square metre facility, to be commissioned in 2020, will supply Boeing with carbon fibre prepreg for primary structure applications in its new 777X programme.
“Over the last ten years, Mubadala has helped to create an advanced and sustainable aerospace industry in line with Abu Dhabi’s economic diversification vision,” says Khaled Abdulla Al Qubaisi, Chief Executive Officer, Aerospace, Renewables and ICT, Mubadala. “This agreement with Solvay fits perfectly with our growth strategy, focusing as it does on high-tech manufacturing capabilities, and demonstrates our commitment to providing competitive offerings to the world’s leading OEMs.”
“This joint venture showcases Solvay’s capabilities in advanced aerospace composite technologies, including for aircraft primary structures as a growth pillar for our materials business,” reports Jean-Pierre Clamadieu, CEO of Solvay.
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