by ↑ click “coating industry” above to pay attention to our coating industry: Recently, the emperor of Japan has agreed to acquire renogade materials, a leading supplier of high heat-resistant thermosetting prefabricated parts in the aerospace industry in North America.
Renegade’s products include epoxy resin, polyimide and bismaleimide prepreg.
Renegade will become a wholly-owned subsidiary of Diren.
Regade’s shares will be acquired by Teijin holdings USA, the holding company of Teijin group in the United States.
The acquisition is expected to be completed in the spring of this year after the company has met its usual trading conditions, including obtaining regulatory approval.
Diren’s carbon fiber business will support global marketing plans, including Diren carbon fiber company, which plans to launch a new carbon fiber production facility in South Carolina by the end of 2020; The carbon fiber sales base in Tennessee is dongpontex USA and dongpontex Europe, the core company of carbon fiber business in Europe.
Teiren is strengthening its carbon fiber and intermediate materials business to consolidate its position as a leading supplier of aviation application solutions.
The goal of Diren is that the annual sales in this field will exceed US $900 million by about 2030.
Source: sinochem.com..
