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.
Also Read: Top 10 Railway Redevelopment Projects in India 2024
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.
Biltrax Construction Data is tracking 30,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
