CSP will invest approximately €5.1 million (US$6 million) to establish the new line.
CSP, a Teijin group company, is the largest compounder of SMC in North America, with current SMC volumes exceeding 84,000 tons annually. The SMC line in France will be used to further develop the company’s range of proprietary composite products, including low-volatile organic compounds (VOC) formulas currently under development to meet European market regulations. The line will be capable of producing SMC made with both glass and carbon fibres.
“The addition of this SMC line to the Pouance facility is an important step in our European growth plans,” says Philippe Bonte, President, CSP Europe. “It will enable us to provide full-service capabilities to our customers here, as well as provide us with an opportunity to further enhance our already significant materials R&D efforts in Europe.”
Teijin is leveraging its high performance materials and integrated composite technologies as one of the key focuses of the transformation strategies for the group’s medium-term management plan, under which it aims to expand business with a view to becoming a supplier of multi-material components.
The CSP Pouance facility is a rapid development centre for lightweighting technologies including carbon fibre resin transfer moulding (RTM), Class A RTM and thermoplastic composites. The facility was purchased by CSP in 2013.
The SMC line is expected to be commercially ready to produce SMC by the third quarter of 2019.
Companies: Continental Structural Plastics