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Industrial textiles group Chomarat has unveiled a three-year, €35 million investment plan to boost innovation and modernise its sites in the Ardèche region of France.
The company says the investment will enable it to acquire new technologies for its composites, construction and coating activities, to modernise its site dedicated to the production of glass fibre reinforcements, and to develop carbon fibre solutions.
“Innovation is what makes us competitive both in France and abroad, and it drives our growth, so it is a core priority for the Group,” explains Chomarat Group Managing Director, Michel Cognet.
“Chomarat already has a foothold in a number of markets, such as marine, energy, sports equipment, construction, and luxury goods. Through this programme, we are choosing to focus our development strategy on two new sectors: aerospace and automotive.”
In the automotive sector, innovations will focus on carbon fibre reinforcements, which help to lower the weight of vehicles, and on thermoplastic coatings for dashboards.
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