Processing Magazine

Dow, Aksa of Turkey in Talks to Form Carbon Fiber Joint Venture

June 6, 2011

Bloomberg reports that Dow Chemical Co., the largest U.S. chemicals manufacturer, and Aksa Akrilik Kimya Sanayii AS, a Turkish maker of synthetic acrylic fibers, are in talks to form a joint venture to make carbon fiber and derivatives. Dow and Istanbul-based Aksa signed an accord to examine opportunities to develop and market a broad range of products and technical service offerings in the carbon fiber-based composites industry. Aksa planned to double its annual carbon fiber production to 3,000 tons in 2010. That compares with total global carbon fiber production capacity of 30,000 tons a year, he said. The fibers are used in ships, planes, wind turbines, sports equipment and other products.