French firm Porcher inks JV with Prepreg-ACM

25 Oct '10

2 min read

Porcher Industries – the French company signed the first round of shareholder's agreement with the Russian company Prepreg – Advanced Composite Materials on setting up a unit for manufacturing textile materials out of carbon fibre. Both the parties announced their plan to manufacture the textile materials from carbon fibre. Porcher Industries has 51% share whereas 49% share is held by Prepreg-ACM in the joint venture company.

Porcher Composites, the new company, is expected to be established as per the Russian law and is likely to be responsible for the growth, manufacturing, promotion and sales of carbon fibre textile materials. Aerospace, aeronautics and other industries are likely to use the carbon fibre textile materials for parts manufacturing, which is based on composite materials.

The Porcher Industries has been one of the major companies in the field of textile technology since 1912. This industrial group has always highlighted progress and expansion in technology and industry thereby permitting it to sustain its leading position in the industry over a period of several years. At present, the company stands as an incontestable leader in the technical textile industry. The Porcher Industries has been a certified supplier of premium quality dry fabrics and prepregs – the thermoplastics in rolls as well as laminates.

Fibre2fashion News Desk-India

More Textiles News - Russia...