Chomarat, an international industrial textile group, involved in three businesses that includes composites reinforcements, construction reinforcements, coatings & films-textiles, has announced the set up of an investment plan worth €35 million over a three-year period to boost innovation and modernise its French sites in the Ardeche region.
The €35 million investment will enable Chomarat to acquire new technologies for its composite, construction, and coating activities, to modernise its site dedicated to the production of glass-fibre reinforcements, and to develop carbon solutions.Chomarat, an international industrial textile group, involved in three businesses that includes composites reinforcements, construction reinforcements, coatings & films-textiles, has announced the set up of an investment plan worth €35 million over a three-year period to boost innovation and modernise its French sites in the Ardeche region.#
Chomarat group managing director Michel Cognet said, “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. Chomarat already has a foothold in a number of markets, such as marine, energy, sports equipment, construction, and luxury goods. Through this programme, we are choosing to focus our development strategy on two new sectors: aerospace and automotive.”
The Group leads a robust innovation strategy and cooperates with universities and technical centres all over the world. It also sponsors a number of French and European collaborative projects, developing synergies and creativity around forward-looking topics.
In the automotive sector, the innovations will focus on carbon-fibre reinforcements, which help to lower the weight of vehicles, and on thermoplastic coatings for dashboards. (GK)
Fibre2Fashion News Desk – India
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