With this backward integration, SGL Group – the only European integrated manufacturer of carbon fibers – is bolstering its technology base along the entire value chain, from raw materials to carbon fibers through to the finished composite. SGL Group currently produces precursors in its multi-sourcing strategy in joint ventures with Lenzing AG in the Bavarian town of Kelheim (SGL Group stake: 44%) and Mitsubishi Rayon Co. Ltd. (MRC) in Otake, Japan, (SGL Group stake: 33%). These joint ventures focus on industrial grade carbon fibers (50K). With Fisipe, the company is tapping into an additional source of raw materials to produce other types of precursor, specifically the development of raw materials for low-tow carbon fibers (3K – 24K). SGL Group and Fisipe have recently collaborated successfully on development projects. The textile fiber production lines at the site will be converted and gradually expanded to precursor production at low investment costs. Additionally, the facility will continue to manufacture acrylic fibers for special textile and technical applications. Fisipe has an extremely wellqualified workforce, its production capacity has scope for expansion and it also offers well-developed logistics. Due to the company’s size and own energy supply, Fisipe also stands out for its high cost efficiency.