ELG Carbon Fibre sells short fibre business to Procotex; management launches Gen 2 Carbon

ELG Carbon Fibre divested its short fibre business to Procotex Corporation SA, while its management bought out the long fibre business and launched Gen 2 Carbon to continue developing recycled carbon fibre products for the composites industry.

“We worked with Mitsubishi Corporation to find ways to facilitate ECF’s new path into the future.”gen2carbon.com

• 1 source
• gen2carbon.comELG Carbon Fibre Becomes Gen 2 Carbon 11th May 2021 - Gen 2 Carbonsteve.clarkJul 23, 2021

Summarized from public sources; check the original articles before acting on it.