Danish-Japanese Joint Venture Will Cut the Cost of Wind Power

By Ministry of Foreign Affairs of Denmark, October 14, 2016

Fiberline Composites sets up a joint venture with one of the world’s leading carbon fibre manufactures – the Japanese global industrial giant Mitsubishi Rayon. The new company will pave the way for longer and more efficient wind turbine blades.

Fiberline Composites is an experienced manufacturer of carbon fibre components for advanced wind turbine blades. Mitsubishi Rayon, which is a part of Mitsubishi Chemicals, is a world leading mass producer of industrial carbon fibres. Together they have created a joint company that can offer competitive carbon fibre components to wind turbine markers via a closely integrated supply chain, and thereby help the industry reduce the price of wind energy.

The new joint venture will be based at Fiberline’s existing factory in central Denmark and is estimated to grow to approximately 50 jobs over the next three years.

– Related news: Recyclable Wind Turbine Blades

Describing the agreement as a strategic landmark and a breakthrough for the wind sector, Peter Thorning, CEO in Fiberline, says:

– By combining our competences, we and Mitsubishi Rayon will together be able to provide the industry with large volumes of carbon fibre components for advanced wind turbine blades and deliver even better balance between price, quality and security of supply. We are proud that Mitsubishi Rayon has chosen us as a partner.

Masayoshi Ozeki, Chief Executive in Mitsubishi Rayon, is also pleased with the new partnership:

– Mitsubishi Rayon is satisfied that their chosen partner brings the competence and track record on industrial scale to produce high performance laminates for the increasingly important pultrusion technology. We are looking forward to this closer cooperation with great pleasure.

Source: Ministry of Foreign Affairs of Denmark

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