# MAE and Jindal Advanced Materials to build carbon fiber plant in India

MAE S.p.A. and Jindal Advanced Materials signed a Project Framework Agreement to establish a carbon fiber plant in India, covering the entire value chain from PAN-precursor to carbon fiber composites. The project is expected to be operational within 30 months.

- Type: Partnership
- Announced: 2024-03-06
- Where: India
- Status: announced
- Products: carbon fiber, carbon fiber composites, PAN-precursor
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [MAE S.p.A.](https://endata.com/companies/76110.md) (partner)
- [Jindal Advanced Materials](https://endata.com/companies/76111.md) (partner)

## Sources

- [maeliz.com](https://www.maeliz.com/mae-s-p-a-italy-and-jindal-advanced-materials-india-have-agreed-to-give-life-to-a-major-carbon-fiber-composites-project-in-india/), 2024-03-06: "This agreement outlines the parties’ commitment to establish a carbon fiber plant in India, along with a range of intermediates and carbon fiber composites."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.