Date
18 October 2017

China to step up carbon fiber industry consolidation, paper says

China will speed up consolidation of the carbon fiber industry by encouraging mergers and acquisitions in the sector, the Securities Time reported Friday, citing a plan released by the Ministry of Industry and Information Technology. By 2020, authorities aim to cement five big carbon fiber makers that will account for more than 70 percent of the industry production capacity, the report said.

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