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January 2010
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Company News

Ticona expands LFT business
Through its parent company Celanese, Ticona has acquired the long-fibre reinforced thermoplastics (LFT) business of Germany-based FACT.

FACT or Future Advanced Composites Technology is a business unit of the Ravago Group and producer of LFT used in injection moulding, extrusion, compression moulding and blow moulding applications.

The acquisition will support Celanese's Advanced Engineered Materials business segment of which Ticona is a unit and build upon its LFT process technology by broadening specific product offerings.

FACT has a workforce of around 60 at Kaiserslautern while Ticona makes Celstran LFT at Kelsterbach. Ticona has set up a new company that will combine its existing Celstran business with that of FACT and will shift its production into FACT's plant by mid-2011.

 
 
 
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