Chemicals company Evonik Industries and automotive specialist Forward Engineering has established a joint venture (JV) called Vestaro GmbH.
The companies plan to put in place composite solutions for the industrial mass production of fiber composite components for the automotive industry.
‘Vestaro is an important step in further expanding our partnership with automobile manufacturers,’ said Roberto Vila-Keller, head of the Crosslinkers Business Line at Evonik. ‘For many years now, we have been developing products to support their developments in lightweight construction.’
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