Carbon fibers

EQS-News: SGL Carbon evaluates strategic options for the Business Unit Carbon Fibers 

Retrieved on: 
Wednesday, March 13, 2024

SGL Carbon SE is currently evaluating various strategic options for the Business Unit Carbon Fibers (CF).

Key Points: 
  • SGL Carbon SE is currently evaluating various strategic options for the Business Unit Carbon Fibers (CF).
  • We have positioned SGL Carbon in such a way that the four operating business units can be successful independently in their markets.
  • Carbon Fibers manufactures textile, acrylic and carbon fibers as well as composite materials at seven locations in Europe and North America.
  • Against this background, SGL Carbon is reviewing all possibilities to support a positive further development of the Carbon Fibers Business Unit.

Graphjet Technology Accelerates Production Timeline at State-of-the-Art Manufacturing Plant in Malaysia

Retrieved on: 
Monday, March 4, 2024

Kuala Lumpur, Malaysia, March 04, 2024 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet” or “the Company”), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced it has accelerated the timeline for its planned manufacturing plant in Malaysia.

Key Points: 
  • Graphjet is advancing construction of its first manufacturing plant in the Kuantan district of Pahang State in Malaysia, which is expected to be commissioned by the second quarter of 2024.
  • Over time, the Company expects to scale the facility to 13,000 tonnes of annual graphite production by second half of 2026.
  • Graphjet’s green technology uses an environmentally friendly methods in a completely circular solution using waste and its processes eliminate emissions and pollutions.
  • Graphjet’s manufacturing technology provides up to an 83% reduction in carbon footprint and up to an 80% reduction in cost compared to traditional processes.

Global Graphene and 2D Materials Industry Report 2024-2034 with Profiles of 380+ Companies Including CamGraPhic, Graphene NanoXplore, Directa Plus, Versarien, First Graphene, and G6 Materials - ResearchAndMarkets.com

Retrieved on: 
Friday, March 8, 2024

The Global Market for Graphene and 2D Materials 2024-2034 is the most comprehensive and up-to date report on graphene and 2D materials currently available.

Key Points: 
  • The Global Market for Graphene and 2D Materials 2024-2034 is the most comprehensive and up-to date report on graphene and 2D materials currently available.
  • This in-depth graphene market report provides a comprehensive analysis of the global graphene industry.
  • Assessment of graphene materials (CVD graphene, graphene nanoplatelets, graphene oxide, etc), intermediate products (graphene masterbatches, dispersions, etc) and final products with graphene embedded (e.g.
  • Companies profiled include Anaphite Limited, CamGraPhic, Directa Plus, First Graphene, G6 Materials, Gerdau Graphene, Global Graphene Group, Graft Polymer, Graphjet Technology Sdn.

NOW AVAILABLE: THE GAMECHANGING ORACLE RED BULL RACING RBS#01 ELECTRIC SCOOTER

Retrieved on: 
Tuesday, February 27, 2024

LONG BEACH, Calif., Feb. 27, 2024 /PRNewswire/ -- After two years of meticulous design and development, the game changing Oracle Red Bull Racing RBS#01 electric scooter is now available and ready to ship — the team's first venture into the consumer product sector.

Key Points: 
  • LONG BEACH, Calif., Feb. 27, 2024 /PRNewswire/ -- After two years of meticulous design and development, the game changing Oracle Red Bull Racing RBS#01 electric scooter is now available and ready to ship — the team's first venture into the consumer product sector.
  • "The RBS#01 marks the launch of Oracle Red Bull Racing's first consumer product," said Rob Gray, Technical Director of Red Bull Advanced Technologies.
  • Designed over the course of 2,500 engineering hours, the RBS#01 is the ultimate electric scooter.
  • To prove the design concept, Oracle Red Bull Racing subjected the scooter to a series of Finite Element Analysis (FEA) tests to ensure it would stand up to extreme use.

Glass Fiber Reinforced Plastics (GFRP) Composites Market Size to Grow USD 37.2 Billion at a CAGR of 6.5% | Valuates Reports

Retrieved on: 
Tuesday, February 20, 2024

The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 19.8 Billion in 2022, and is projected to reach USD 37.2 Billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.

Key Points: 
  • The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 19.8 Billion in 2022, and is projected to reach USD 37.2 Billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.
  • The growing need for lightweight materials in the automobile industry is a major driver of the rise of Glass Fibre Reinforced Plastic (GFRP) composites.
  • GFRP composites are becoming more and more popular in the building industry because of their remarkable resilience to corrosion and adaptability.
  • The Asia-Pacific market for glass fiber reinforced polymers (GFRP) composites is expanding rapidly due to rising demand from the aerospace, automotive, and construction sectors.

Glass Fiber Reinforced Plastics (GFRP) Composites Market Size to Grow USD 37.2 Billion at a CAGR of 6.5% | Valuates Reports

Retrieved on: 
Tuesday, February 20, 2024

The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 19.8 Billion in 2022, and is projected to reach USD 37.2 Billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.

Key Points: 
  • The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 19.8 Billion in 2022, and is projected to reach USD 37.2 Billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.
  • The growing need for lightweight materials in the automobile industry is a major driver of the rise of Glass Fibre Reinforced Plastic (GFRP) composites.
  • GFRP composites are becoming more and more popular in the building industry because of their remarkable resilience to corrosion and adaptability.
  • The Asia-Pacific market for glass fiber reinforced polymers (GFRP) composites is expanding rapidly due to rising demand from the aerospace, automotive, and construction sectors.

Cicor successfully closes the acquisition of STS Defence Limited and expands its presence in the UK high-end electronics market

Retrieved on: 
Tuesday, January 30, 2024

Bronschhofen, January 24, 2024 – The Cicor Group (SIX Swiss Exchange: CICN) has successfully closed the acquisition of 100% of the shares of the UK based STS Defence Limited (STS Defence) announced in October 2023.

Key Points: 
  • Bronschhofen, January 24, 2024 – The Cicor Group (SIX Swiss Exchange: CICN) has successfully closed the acquisition of 100% of the shares of the UK based STS Defence Limited (STS Defence) announced in October 2023.
  • With STS Defence, Cicor has acquired an industry-leading provider of sustainment, support and modernization solutions for mission-critical electronics and communications systems in the aerospace & defence sector.
  • With Cicor, the management of STS Defence has found a partner to continue the successful growth of recent years in the UK aerospace and defence market.
  • STS Defence generated sales of GBP 27.5 million in the fiscal year ending on June 30, 2023 with strong operating margins.

Toray Celebrates the Commissioning of Expanded TORAYCA™ T1100 Production Capacity at its Decatur, Alabama Carbon Fiber Plant

Retrieved on: 
Monday, January 29, 2024

The $15 million upgrade doubles the production capacity of the TORAYCA™ T1100 carbon fiber and adds critical redundancy to support the rising demand for defense applications.

Key Points: 
  • The $15 million upgrade doubles the production capacity of the TORAYCA™ T1100 carbon fiber and adds critical redundancy to support the rising demand for defense applications.
  • Toray's T1100 carbon fiber is vital to several United States Department of Defense (DoD) weapons systems and the Future Vertical Lift (FVL) program.
  • Toray Composite Materials America expands TORAYCA™ T1100 carbon fiber production, boosting defense market support.
  • The Decatur Plant has operation lines from precursor to carbon fiber and is one of three Toray manufacturing facilities.

Aerospace Drives $1.2 Billion Boom in Tow Prepregs: Market Set for 12.8% CAGR by 2034

Retrieved on: 
Monday, January 29, 2024

NEWARK, Del., Jan. 29, 2024 /PRNewswire/ -- The tow prepreg market is poised to reach a substantial valuation, projected to reach US$ 365.2 million by 2024. The trend is projected to soar at a CAGR of 12.8% from 2024 to 2034, and by 2034, the market is estimated to achieve a total valuation of around US$ 1,220 million. The global market is experiencing substantial growth, fueled by increasing demand across diverse industries. Tow prepreg is a composite material comprising reinforcement fibers pre-impregnated with a resin matrix, offer heightened strength, durability, and enhanced performance.

Key Points: 
  • Future Market Insights, Inc. (FMI) predicts a skyrocketing future for the tow prepreg market, propelled by soaring demand in aerospace and automotive industries seeking lightweight, high-strength materials.
  • NEWARK, Del., Jan. 29, 2024 /PRNewswire/ -- The tow prepreg market is poised to reach a substantial valuation, projected to reach US$ 365.2 million by 2024.
  • The trend is projected to soar at a CAGR of 12.8% from 2024 to 2034, and by 2034, the market is estimated to achieve a total valuation of around US$ 1,220 million.
  • The unique properties of tow prepreg make them integral in the aerospace sector, contributing to aircraft design and performance advancements.

Aerospace Drives $1.2 Billion Boom in Tow Prepregs: Market Set for 12.8% CAGR by 2034

Retrieved on: 
Monday, January 29, 2024

NEWARK, Del., Jan. 29, 2024 /PRNewswire/ -- The tow prepreg market is poised to reach a substantial valuation, projected to reach US$ 365.2 million by 2024. The trend is projected to soar at a CAGR of 12.8% from 2024 to 2034, and by 2034, the market is estimated to achieve a total valuation of around US$ 1,220 million. The global market is experiencing substantial growth, fueled by increasing demand across diverse industries. Tow prepreg is a composite material comprising reinforcement fibers pre-impregnated with a resin matrix, offer heightened strength, durability, and enhanced performance.

Key Points: 
  • Future Market Insights, Inc. (FMI) predicts a skyrocketing future for the tow prepreg market, propelled by soaring demand in aerospace and automotive industries seeking lightweight, high-strength materials.
  • NEWARK, Del., Jan. 29, 2024 /PRNewswire/ -- The tow prepreg market is poised to reach a substantial valuation, projected to reach US$ 365.2 million by 2024.
  • The trend is projected to soar at a CAGR of 12.8% from 2024 to 2034, and by 2034, the market is estimated to achieve a total valuation of around US$ 1,220 million.
  • The unique properties of tow prepreg make them integral in the aerospace sector, contributing to aircraft design and performance advancements.