- In April 2024, Hengshen Co. Ltd exclusively supplied carbon fiber for the ultra-large offshore wind blades of the MySE292 project developed by MingYang Group. Hengshen is engaged in the research, development, and manufacturing of carbon fiber, woven fabrics, NCF fabrics, resin, prepreg, and other composite materials, contributing significantly to the wind energy sector's advancement
- In October 2023, the Mitsubishi Chemical Group (MCG Group) announced the full acquisition of CPC SRL, a renowned Italian company specializing in the production and distribution of carbon fiber reinforced plastic (CFRP) components for the automotive industry. This acquisition strengthens MCG Group's position in the high-performance automotive materials market
- In July 2023, Toray Composite Materials America, Inc. revealed its plans for a major expansion of its carbon fiber production facility in Spartanburg, South Carolina. The 30,000-square-foot facility upgrade, scheduled for completion in 2025, will increase Toray's carbon fiber production capacity by 3,000 metric tons annually, supporting the growing demand for renewable energy solutions
- In June 2021, Solvay introduced CYCOM EP2750, a high-compression molding prepreg designed specifically for the aerospace industry. This innovative product enhances manufacturing efficiency and material performance in critical aerospace applications
