Mitsubishi Plastics, Inc. (Tokyo) and Mitsubishi Rayon Co., Ltd. (Tokyo) plan to integrate their carbon fiber businesses that are, respectively, pitch-based and PAN-based. The merger will take place on April 1, 2015 with the establishment of a new entity by Mitsubishi Rayon. The combined entity will have revenue estimated at over $500 million and is targeting sales of over $850 million by 2018. Tagging Options Domain:  All Sites Keywords:  Composites Carbon fiber composites read more

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Mitsubishi Group companies to combine carbon fiber businesses