Dow, DowAksa, Rusnano, and HCC sign deal to produce carbon fiber intermediates in Russia

Dow Chemical says that it has signed a memorandum of intent (MOI) with DowAksa Advanced Composites (Istanbul), Rusnano (Moscow), and Holding Company Composite (HCC; Moscow) to develop a strategy to launch production of carbon fiber intermediates, composite materials, and solutions in Russia. The MOI was signed at the World Economic Forum at Davos, Switzerland. The strategy presupposes potential investments in Prepreg-ACM (Moscow) and Nanotechnology Center of Composite (Moscow), two companies with coinvestment from Rusnano. The parties have agreed to explore...

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