Magna and Zoltek team up on carbon fiber SMC

By Rhoda Miel
News Editor

Published: March 27, 2012 6:00 am ET

Related to this story

Topics Automotive, Sustainability, Materials, Design

AURORA, ONTARIO (March 27, 4:50 p.m. ET) — Magna International Inc. and Zoltek Cos. Inc. have announced a new “exclusive global collaborative partnership” to speed development of low-cost carbon fiber sheet molding compounds for the auto industry.

A newly-developed carbon fiber SMC from Aurora, Ontario-based Magna’s Exteriors and Interiors group is using Zoltek’s Panex 35 carbon fiber combined with Magna’s EpicBlendsSMC formulation, the companies said in a March 27 news release.

The EpicBlendSMC EB CFS-Z material will allow Magna to offer an expanded range of lightweight parts and systems for passenger vehicles, commercial trucks and other transportation customers. Magna will also offer the blend for sale to other molders.

“We have long regarded the automotive industry as the largest potential user of low-cost, high-performance carbon fibers,” said Zsolt Rumy, chairman and CEO for St. Louis-based Zoltek.


Comments

Magna and Zoltek team up on carbon fiber SMC

By Rhoda Miel
News Editor

Published: March 27, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

ZF finalizes deal to buy TRW, creating another global auto supply giant

September 15, 2014 1:09 pm ET

TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, said Sept. 15 it has agreed to be acquired by German...    More

Image

Delphi CEO O'Neal stepping down

September 15, 2014 12:05 pm ET

Delphi Automotive plc announced that Rodney O'Neal will retire as CEO and president on March 1, 2015, ending his 43-year career at the global...    More

Image

Sabic, Chinese Academy of Sciences sign five-year development agreement

September 15, 2014 11:54 am ET

Ties between one of the world's biggest oil producers and one of its biggest consumers grew tighter Sept. 12 with the announcement of a five-year...    More

Image

BASF analyzes products based on sustainability potential

September 15, 2014 11:48 am ET

Chemicals giant BASF SE has created a new process for managing its product portfolio based on sustainability criteria.    More

Hungarian recycler launches new unit

September 15, 2014 10:59 am ET

Hungarian plastics recycler Polyter-Mix kft has launched a new 1,400-square-meter production hall at a site in Körösladány in southeastern Hungary.    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events