According to the report of Mitsubishi Rayon Co., Ltd. website on January 10, 2017, Mitsubishi Rayon Co., Ltd., headquartered in Chiyoda, Tokyo, Japan, decided to acquire SGL, a carbon fiber production site in Germany, for the expansion of the carbon fiber business in the North American market. Carbon Fibers LLC (referred to as SCF, headquartered in Evanton, Wyoming, USA). Mitsubishi Rayon Carbon Fiber and Composites (MRCFAC, headquartered in Irvine, California, USA), a wholly-owned subsidiary of Mitsubishi Rayon Co., Ltd., acquired all of SCFâ€™s shares from SCFâ€™s parent company SGL Technologies North America. Complete the acquisition before the beginning of the month.
In general, aircraft and compressed-cylinder tanks are developed and produced using small tow carbon fiber. Mitsubishi Rayon Co., Ltd. independently developed high-performance large tow carbon fiber, which can greatly improve the productivity of product molding on the basis of realizing the physical properties and quality of small tow carbon fiber. Since the production of the Daewoo Office's production line in July 2011, the application fields of large tow carbon fiber have been continuously expanded. Especially in the field of wind turbine blades - Mitsubishi Rayon established carbon fiber for wind turbine blades in Europe in October 2016. Composite laminate manufacturing and sales joint venture. In addition, the sales of various intermediate materials for light weight materials for automotive lightweight materials are also increasing, and the companyâ€™s production equipment has been operating at full capacity for a long period of time.
Mitsubishi Rayon Co., Ltd. decided to respond to the increase in demand for large tow carbon fiber. The transaction will enable Mitsubishi Rayonâ€™s carbon fiber carbonization capacity to be enhanced overall, and the upcoming production capacity of the MRCFAC companyâ€™s small tow carbon fiber production line in Sacramento, USA, and the upgrading of the production line of its own Otake Office in Japan scheduled to begin in 2017. The company's annual carbon fiber production capacity will increase by more than 1,000 tons, expanding to 14,300 tons. Based on the expectation of further expansion of the carbon fiber market, the future will also consider increasing investment in carbon fiber and its intermediate composite manufacturing equipment in the SCF company's factory area.
According to APTSIS 20, a mid-term business plan of Mitsubishi Chemical Holdings Group, 2020 will achieve sales of 100 billion yen in the carbon fiber and composites business. Mitsubishi will use its CFRP intermediate materials and molding materials R&D and manufacturing bases in Europe, North America, Asia, and Japan to maximize the use of the characteristics of high-performance large-tow fibers to expand its business in the automotive and other industrial fields.
Source: China National Composites Group Co., Ltd.
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