Solvay Completes the Acquisition of European Carbon Fiber GmbH ("ECF"), a Manufacturer of Large-Diameter Poly (PAN) Carbon Fibers in Germany, Solvay will lay a solid foundation for its development and lead the development of composite materials The trend in automotive applications serving specific industrial markets and supporting the exploration of the potential of using large tow carbon fibers in the aviation sector.
'The strategic acquisition of ECF enables Solvay to develop a large bundle of carbon fiber product portfolios to complement our existing line of pitch-based and PAN aviation-grade carbon fiber products. A comprehensive portfolio of products will enable Solvay to become a leader in aerospace, automotive and aerospace applications in the future A key supplier to the industrial market and Solvay will be able to leverage its own strengths in polymer and materials science to drive breakthrough innovations for large tow carbon fibers. "Carmelo, President, Solubility Global Business Unit (GBU), Solvay LoFaro said.
The vertical integration of technology with large tow carbon fibers will enable Solvay to ensure the long-term supply of cost-effective materials to its customers.