Evonik and SECAR form JV for lightweight composite materials for the automotive and aviation industries
17 October 2013
Germany-based Evonik Industries and Austria-based SECAR Technologie GmbH have established a joint venture, LiteCon Advanced Composite Products, to mass-produce fiber-reinforced composite components for the automotive and aviation industries.
Evonik supports the new company with its materials development expertise—particularly with its experience in developing ROHACELL structural foam. Combined with SECAR’s expert capabilities in mass producing lightweight parts, this creates unique potential for developing new production technologies, Evonik said.
Evonik and SECAR manage the company jointly, with Evonik owning 49% of the shares and SECAR 51%. Dr. Arnim Kraatz of Evonik Industries AG and Karl Heinz Semlitsch of SECAR Technologie GmbH are the company’s managing directors.
Evonik’s ROHACELL structural foam is used in sandwich construction applications in airplanes and sports cars, wind turbine rotor blades, X-ray tables for medical applications, and in athletic and recreational equipment. SECAR is an established provider of carbon-fiber reinforced composites for the automotive, aviation, and medical industries.
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