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Business
Cytec, Partner Eye Carbon Fiber For Cars
by Marc S. Reisch
July 14, 2014
| A version of this story appeared in
Volume 92, Issue 28
Cytec Industries, a maker of high-end carbon fiber for aerospace use, says it is in talks with the German acrylic fiber firm Dralon about producing cheaper automotive-grade carbon fiber. The partners may convert a Dralon acrylic fiber facility in Germany to make carbon fiber. BMW, Daimler, and Volkswagen all have begun efforts to incorporate carbon fiber into cars to make them lighter than steel-framed vehicles. Last year, Japanese aerospace carbon fiber maker Toray Industries made a move into industrial grades when it spent $584 million to buy Zoltek.
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