With this acquisition, Solvay is building the foundations to lead the adoption of composites in automotive applications, to serve select industrial markets, and to support the potential adoption of large-tow fibers in aerospace.
“The strategic acquisition of ECF enables Solvay to develop a portfolio of large-tow carbon fibers to complement our existing range of pitch and PAN aerospace grade carbon fibers. This comprehensive portfolio will place Solvay as a key supplier to the aerospace, automotive and industrial markets going forward. Thanks to this acquisition Solvay will leverage its polymers and materials science competencies to drive breakthrough innovation in large-tow carbon fibers,” said Carmelo Lo Faro, President of Solvay’s Composite Materials Global Business Unit (GBU).
Vertical integration into large-tow carbon fiber technology will position Solvay to ensure cost effective long-term security of supply to its customers.