Mitsubishi Chemical to acquire CFK Valley Stade Recycling and carboNXT

Mitsubishi Chemical Corp. announced on July 30, 2020, that it will acquire two German carbon fiber recycling companies, CFK Valley Stade Recycling GmbH & Co. KG and carboNXT GmbH, through its subsidiary Mitsubishi Chemical Advanced Materials AG. The acquisition includes manufacturing equipment, intellectual property and other assets, and is slated for completion around early August 2020.

“当社は、サーキュラーエコノミー（循環型経済）の推進に向けた取り組みの一環として、ドイツにある炭素繊維リサイクル事業を手掛けるCFK Valley Stade Recycling GmbH & Co. KG及びcarboNXT GmbHを買収することを決定いたしました。”nikkei.com

• 2 sources
• nikkei.com三菱ケミカル、欧州における炭素繊維リサイクル会社の買収について発表 - 日本経済新聞Nikkei Inc.Jul 30, 2020
• compositesworld.comMitsubishi Chemical plans to acquire European carbon fiber recycling companies | CompositesWorldGrace StubbinsAug 3, 2020

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