Albis Completes WIPAG Acquisition in Germany

Thomas Marquardt

From now on, Thomas Marquardt will take on the management position at WIPAG, a German company that is based in carbon fiber and is a leader in injection molding and production, having previously led and led the Albis Plastics Co. Hamburg, Germany The global automotive market will focus on the lightweight structure of the automotive industry this trend.

Albis Plastics acquires WIPAG, Germany, in early 2018. With WIPAG's cutting-edge advanced technology, Albis further invests in acquisitions and expands its product portfolio.

WIPAG deals with carbon fiber-reinforced composite pellets from discarded carbon fibers in the automotive industry. In the future, Albis will provide polypropylene and polyamide-based composites with high stiffness and low density, Compared with glass fiber reinforced nylon material, with obvious weight and cost advantages.

In addition, WIPAG receives and processes high-quality, recyclable PP materials from a variety of sources, which are often used to recycle bumpers and dashboards used by carmakers. "The current European initiatives have shown that there are Necessary to promote recycling and recycling management. Working with WIPAG, we see where we are in the best position technically and financially, "said Thomas Marquardt.

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