SGL Automotive Carbon Fibers

SGL Carbon SE agreed to acquire BENTELER's 50% share in the joint venture BENTELER-SGL GmbH & Co. KG, making SGL the sole owner. The transaction is expected to close by end of 2017, subject to regulatory approvals.

SGL Automotive Carbon Fibers, a joint venture between BMW Group and SGL Group, broke ground on a $200 million site expansion in Moses Lake, Washington, to triple carbon fiber production capacity.