Home / Knowledge / News / Textiles / Wind energy as key driver for carbon fiber growth, SGL
Wind energy as key driver for carbon fiber growth, SGL
04
Sep '08
SGL Group - The Carbon Company - announced its acquisition of a 51-percent majority share of Abeking & Rasmussen Rotec GmbH & Co KG, one of the leading independent manufacturers of rotor blades for wind turbines. The SGL Group will assume managerial responsibility of this joint venture.

The purchase price is kept confidential under a non-disclosure agreement between both parties. With 300 employees at its Lemwerder site near Bremen A&R Rotec expects a turnover of approximately €50 million in 2008.

The joint venture will operate under the name “SGL Rotec GmbH & Co KG” and will be based in Lemwerder. The target is to position SGL Rotec as a leading rotor blade manufacturer with “best-in-class” manufacturing know-how and to expand into wind energy markets like China, India, Turkey, and North America by establishing local production sites. The transaction is still subject to the approval of the German antitrust authorities.

Hariolf Kottmann, Member of the Board of Management and responsible for the Business Area Advanced Materials: “With this acquisition, SGL Group strengthens its market position as the sole European integrated carbon fiber and composites manufacturer in the dynamically growing wind energy sector.

This forward integration into rotor blade manufacture is therefore a logical and important step in our carbon fiber and composites growth strategy.

It enables us to cover the complete value chain and to offer end-to-end services to customers as a reliable partner in the wind energy sector.” Forward integration is a profound component in the CFC strategy.

As an independent supplier, SGL Rotec will manufacture rotor blades in close cooperation with customers and exclusively based on their “build-to-print” design requirements, a strategy that is being supported by major customers in the wind energy sector.

The forward integration into blade manufacturing complements SGL Group's activities in the Carbon Fibers & Composites (CFC) Business Unit, covering now the entire value chain related to the wind energy sector, which includes precursor and carbon fiber production, followed by fabrics, preforms and prepregs, as well as rotor blade components and finished rotor blades.

Customers of SGL in the wind energy sector will have a sustainable supply security, one of the key success factor in this industry.

Abeking & Rasmussen Rotec specializes in manufacturing of high-grade rotor blades. The company has long-term supply agreements with a number of leading wind turbine manufacturers.

It has a stake in Powerblades GmbH, a joint venture with REpower Systems AG for developing off-shore rotor blades with lengths over 60m. Rotec also maintains a close business relationship with SGL Kümpers, another supplier to the wind industry.

Already, SGL Group is delivering carbon fiber based key materials along the entire value chain for rotor blade manufacturing.


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Warangal textile park gets environment clearance

The Kakatiya Mega Textile Park, coming up in Warangal district of...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X