Albis will bring carbon fiber reinforced thermoplastics to the rubber and plastics show
In January 2018, Albis Plastics acquired the Wipag Group. The Wipag Group is an expert in the processing and production of carbon fiber compounds. Wipag's recycling technology is used primarily by the automotive industry. They process it into polypropylene based (PP). And polyamide (PA) reinforced carbon fiber compounds. This new investment portfolio enables Albis to provide lightweight solutions for the automotive industry, especially in the growing portion of electric vehicles.
This year's Rubber and Plastics Fair will be the first one, said Thomas Marquardt, managing director of Wipag Germany GmbH. 'As the most important plastic industry event in Asia, 'Rubber Plastics' is introducing relevant solutions to customers and partners. Ideal forum for sample applications.'
'Overall, we see that our range of highly technical and cutting-edge solutions are increasingly resonating with the Chinese market. As a response, we will invest in two new extrusion lines that will greatly expand Our compounding capability in the third quarter of this year in Changshu's factory means that we will be ready for the future and continue to move towards high quality materials in all markets.' said Hans, general manager of Albis Plastic Asia Pacific.
Hans said that in 2018 we saw a good growth opportunity in China, which was significantly faster than the average market growth. This is the reason why we made a major investment on our compound interest website this year.
Albis continues to emphasize technical differences and capabilities in the Chinese market, flaunting its own brand portfolio and distributing products to international polymer manufacturers such as Covestro, LANXESS and others.
As one of the world's leading suppliers of plastic solutions for lighting applications, Albis offers tailor-made products for the automotive and electronics industries. Its Alcom portfolio, which contains products for injection molding, has recently been expanded to a level. These new lights Diffusion compounds were developed for extruded profiles for linear LED light guides and lighting covers.
Today, Albis is represented in some of China's core regions and will expand its activity radius further into northern China. In addition, Albis is actively working to expand its market share in Malaysia, Singapore, Thailand, South Korea and Japan.