Month: December 2011

Taekwang Industrial Co a chemical fibre company in South Korea has announced that it will begin commercial production of carbon fibre starting in March 2012 for the first time in South Korea.

Carmaker BMW has bought a slightly higher stake in carbon fibre maker SGL Group than initially flagged and signalled it might buy even more shares if the opportunity arose.

Dow Chemical through its wholly-owned subsidiary Dow Europe and Aksa Akrilik Kimya Sanayii today signed a definitive agreement to form a joint venture to manufacture and commercialise carbon fibre and derivatives.

The U.S. Department of Energy (DOE) yesterday announced that they will fund more than $7 million to advance hydrogen storage technologies to be used in fuel cell electric vehicles.

Fibreglass materials producer Everlast Composites has signed an agreement with Egypt-based Future Pipe Industries.

Heatcon, a Seattle aerospace company has won a military contract and expects the U.S. Army to place future orders with the firm.

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