Jindal Advanced Materials (JAM) has signed an agreement with Italian speciality chemical fibre manufacturer MAE S.p.A. to set up India’s first Carbon Fiber Facility. The company will invest an estimated INR 2,700 Crore in this project.
The proposed facility will have an annual capacity of 3,500 Metric Tonnes (MT) and is expected to be operational within 30 months. It will offer a variety of intermediates such as prepregs, fabrics, multiaxial and carbon fibre composites. These are poised to cater for diverse industrial needs.
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MAE signed the agreement with JAM earlier this month at JEC Paris, the largest global industry show for composite materials. The Italian firm will provide top-tier engineering and equipment for the upcoming Carbon Fiber Facility. Through this project, JAM aims to produce low-tow to high-tow carbon fibres, with capacity expansion projected to reach 10,000 MT by 2027. It will cover the entire value chain – from polyacrylonitrile (PAN)- precursor to carbon fibre intermediates.
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