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Solvay has completed the acquisition of European Carbon Fiber (ECF), a German producer of precursor for large tow (50K) polyacrylonitrile (PAN) carbon fibre.
Solvay states that this acquisition is intended to support the adoption of composites in automotive applications, to serve select industrial markets, and to support the potential adoption of large tow fibres in aerospace.
“The strategic acquisition of ECF enables Solvay to develop a portfolio of large tow carbon fibres to complement our existing range of pitch and PAN aerospace grade carbon fibres,” says Carmelo Lo Faro, President of Solvay’s Composite Materials Global Business Unit (GBU). “This comprehensive portfolio will place Solvay as a key supplier to the aerospace, automotive and industrial markets going forward. Thanks to this acquisition Solvay will leverage its polymers and materials science competencies to drive breakthrough innovation in large tow carbon fibres.”
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