AKSA, headquartered in Turkey, is a leading producer of acrylic fibre. The company started producing carbon fibre in 2008.

Dow Europe is a subsidiary of global science and technology company Dow. The company's Dow Formulated Systems business group currently produces VORAFORCE epoxy and polyurethane-based systems for the composites industry. The epoxy products are reported to exhibit excellent compatibility with carbon fibre.

Dow and Aksa state that through this agreement, both companies will work together to explore opportunities to create fully-integrated production facilities for the manufacture and global supply of carbon fibres and derivatives.

The companies plan tol examine opportunities to develop and market a broad range of products and technical service offerings in the carbon fibre composites industry.

Serving the growing carbon fibre market

“By partnering together, Aksa and Dow will create the carbon fibre composites industry’s only large scale, full-service, fully integrated solution provider serving the growing needs of the world’s leading industries,” claims Heinz Haller, Executive Vice President and Chief Commercial Officer of Dow.

“Current megatrends underpin increasing demand for alternative energy resources as well as safer, more efficient vehicles. Therefore, innovative technologies that deliver strong, lightweight materials are in great demand. This partnership combines the individual strengths of each company to provide the market with better solutions while also helping solve some of the world’s most pressing challenges.”

“Today, the fibre composite market is experiencing tremendous growth on a global scale and, customers are not only demanding products that perform better, they need suppliers that combine reliability, technical expertise and affordability,” says Mustafa Yilmaz, Aksa Board Member.

“As the world’s largest producer of acrylic fibres and a carbon fibre producer since 2008, Aksa is very excited about the opportunity to partner with Dow to explore large, downstream opportunities, and expand our carbon fibre based product offering worldwide."

"By combining our technical and market knowledge and our significant positions in industry, we will accelerate the development and commercialisation of these new products and at the same time raise the industry standard for performance.”