Textile group Chomarat has set up an investment plan worth €35 million over a three-year period to boost innovation and modernize its French sites in the Ardèche region.
The 35 investment will help enable the company to acquire new technologies for its composite, construction, and coating activities, to modernize its site dedicated to the production of glass-fiber reinforcements, and to develop carbon solutions.
‘Innovation is what makes us competitive both in France and abroad, and it drives our growth, so it is a core priority for the group,’ said Chomarat group managing director Michel Cognet. ‘Chomarat already has a foothold in a number of markets, such as marine, energy, sports equipment, construction, and luxury goods. Through this program, we are choosing to focus our development strategy on two new sectors: aerospace and automotive.’ In the automotive sector, the company will focus on carbon fiber reinforcements to lower the weight of vehicles, and on thermoplastic coatings for dashboards.
This story is reprinted from material from Chomarat, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
