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    Home > Chemicals Industry > International Chemical > Issue 13/2017 - Raymond signs carbon fiber license agreement with Deakin University

    Issue 13/2017 - Raymond signs carbon fiber license agreement with Deakin University

    • Last Update: 2022-11-11
    • Source: Internet
    • Author: User
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    Raymond and Deakin University sign carbon fiber licensing agreement
    with Raymond Composites (Oak Ridge, Tenn.
    ) A 20-year, $44 million exclusive manufacturing license agreement has been signed with Deakin University in Australia to commercialize the production process of its patent application to enable low-cost, high-performance carbon fiber production
    .
    Raymond Composites is about to enter into its first supply agreement with a commercial customer and expects to begin manufacturing and selling carbon fiber materials
    using the new process in September 2017.

    According to the agreement, Deakin University will deliver low-cost carbon fiber products in a standardized format that meets the requirements of
    today's composites industry.
    This year, Raymond expects to begin building a new commercial carbon fiber facility
    in Oak Ridge, Tennessee.

    In addition, Raymond Composites will also consider building a carbon fiber manufacturing plant in Geelong, Australia, and will invest more than $30 million to build the plant and purchase equipment
    .
    The plant's dedicated carbon fiber production machinery will be manufactured
    by Victoria Clayton Furnace Engineering.

     





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