Stainless steel scrap specialist ELG moves into the recycling of carbon fibre reinforced plastics. The company’s parent group Haniel announced the full take-over of Recycled Carbon Fibre Ltd. with effect from 21 September on Friday. The British company based in Coseley describes itself as the world’s first operator of a commercial recycling plant for carbon fibre. The facility, which was set up in 2009, has a capacity of 2,000 tonnes a year and mainly handles post-industrial scrap.
“The acquisition of this young recycling company provides ELG with new growth potential in the rising market for composite materials. It enables ELG to implement a sustainable and ecological concept for the reclamation of carbon fibre by means of its patent-protected technology,” Haniel commented.