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Cytec acquires equity position in C-CON holdings for automotive application

News International-French

17 Mar 2014

The companies have also signed a joint development agreement to develop novel carbon fiber reinforced polymer (CFRP) processing techniques for high volume production for the serial automotive market, building on pioneering work done by C-CON, and leveraging Cytec’s materials development capabilities.

The company announced that it has acquired an equity position in C-CON Holdings GmbH, a leader in engineering, design and process development.

C-CON, a privately held company headquartered in Germany, is a recognized engineering partner to several European automotive OEM companies including BMW Group, Daimler, VW and Audi. They develop components and processes from the initial design through to readiness for series-production, while observing and meeting all customer requirements and legal regulations. These capabilities are of particular value in expanding the adoption of CFRP for large-volume automotive applications.

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