Cytec acquires stake in C-CON to strengthen development of composites

摘要

CYTEC Industries has acquired an equity position in C-CON Holdings GmbH, a leader in engineering, design and process development. 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.