Sumitomo Corporation invests in French carbon fiber company ‘Epsilon Composites’
General

Sumitomo Corporation invests in French carbon fiber company ‘Epsilon Composites’

Strategically expand revenue base downstream in the value chain

  • By ICN Bureau | June 12, 2024

Sumitomo Corporation has signed a share purchase agreement and a shareholders agreement to invest in Epsilon Composite S.A.S. The investment was completed after obtaining the necessary approvals from the authorities.

EC is a carbon fiber reinforced plastic (hereafter CFRP) manufacturer established in 1987. EC manufactures high-performance CFRP products at low cost using a unique method of manufacturing called pultrusion combined with proprietary technologies.

With sales offices in Japan, Italy, Austria, Mexico, and other countries, EC operates worldwide in a wide range of industries, including construction, general industries such as camera tripods and robotic arms, sports and leisure, aviation, and the energy industry.

Register Now to Attend Navigating the Path to Net-zero in the Chemicals Industry on Friday, 26 July 2024

Other Related stories

Startups

Chemical

Petrochemical

Energy

Digitization