#Composites

2023-02-23

SGL Carbon sold its business activities at the Gardena site (USA)

As part of the realignment of SGL Carbon, strategic options were developed for all Business Units. In this context, the site network of the Business Unit Composite Solutions was also reviewed. The Composite Solutions Business Unit offers customer-oriented and tailor-made solutions based on carbon and glass fibers for high-tech applications in the automotive, aerospace, energy and other industrial sectors.

The review revealed that the Gardena site (California, USA) should no longer be embedded in the strategic alignment. Against this background, SGL Carbon sold its business activities at the Gardena site to an affiliate of Tex-Tech Industries, Inc., effective February 16, 2023. This also includes all plant and machinery as well as customer contracts served from the Gardena site that will be fulfilled by the buyer in the future. The employees of the site were also taken over by the buyer. The property will remain in the possession of SGL Carbon and will be leased to the buyer for use.

In the future, the Composite Solutions business unit will serve its North American business from Arkadelphia site (Arkansas, USA) which is being expanded as a hub for the manufacturing of composite components, in particular for large-volume orders from North American automotive customers.

SGL Carbon decides to restructure its Carbon Fibers business unit

The Board of Management of SGL Carbon SE today decided, with the approval of the Supervisory Board, to restructure the loss-making Carbon Fibers business unit. SGL Carbon will significantly reduce the business activities of Carbon Fibers and focus on a profitable core. Individual solutions are being developed for all Carbon Fibers sites, including the closure of unprofitable sites.

SGL Carbon evaluates strategic options for the carbon fibers and appoints Dr. Denis Hinz as new head of the business unit

SGL Carbon SE is currently evaluating various strategic options for the Business Unit Carbon Fibers (CF). These include a possible partial or complete divestment of the Business Unit. In a first step, potential interested parties shall be approached promptly with the general data of the Business Unit to determine their interest in an acquisition. If there is sufficient interest, a structured transaction process will be carried out in a second step.

Teijin Carbon advances sustainability leadership with EcoVadis, CDP reporting and expanding Tenax Next™ sustainable carbon fiber portfolio

As the composites industry intensifies its focus on measurable environmental, social and governance (ESG) progress, Teijin Carbon announces significant milestones that advance its position among the sector’s most sustainability-driven material suppliers. Teijin Carbon Europe achieved an EcoVadis score of 72/100 in the 2025 assessment, ranking among the top 15% of evaluated companies in its industry.

JEC World 2026 returns with an unprecedented content program

Recognized worldwide as the leading trade exhibition for composite materials and their applications, JEC World returns on March 10-12, 2026, at Paris Nord Villepinte as the most ambitious edition to date, in line with its motto “Pushing the limits”. As the must-attend event for the composites industry, JEC World will offer an unprecedented program, blending conferences, markets insights, technical sessions, awards, and above all, a unique experience and invaluable connections.

Textile‑to‑textile recycling leader Circulose joins Spinnova’s ecosystem to accelerate technology scale‑up

Textile‑to‑textile recycling leader Circulose joins Spinnova’s ecosystem (consortium) to help advance the scale‑up of Spinnova’s technology. Spinnova has actively sought partners to accelerate commercial scale‑up, and Circulose, as a key player in textile recycling, strengthens the ecosystem by providing a raw material that is in high demand across the industry.

UNIFI® introduces Luxel™: A Linen-inspired, easy-care performance yarn

Unifi, Inc. (NYSE: UFI), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today announced the launch of Luxel™, a groundbreaking yarn technology that combines the luxurious look and feel of linen with high-performance, easy-care, and textile-to-textile recycled materials.

Pioneer of the first hour: Michael Carus steps down after more than 30 years from nova-Institute’s Management

After more than three decades at the helm, founder and CEO Michael Carus is set to step down as head of the Renewable Carbon division on 1 March 2026. Lars Börger as the new CEO, will take over this key position of the nova-Institute together with COO Linda Engel, while Carus will remain with the research and consulting company as a senior advisor and shareholder. This change takes place after a one-year transition phase, as planned.