Completed Acquisition of Wipag Deutschland
New Managing Director Comes from Albis
With immediate effect Thomas Marquardt will take over the management of Wipag Deutschland GmbH, specialists in the processing and production of carbon-fiber-based compounds that can be injection molded, with sites in Neuburg/Donau, Germany, and Gardelegen, Germany. Previously, Marquardt was responsible for the global Automotive Segment of Albis Plastic GmbH, Hamburg, Germany, and with this change he will be focusing closely on lightweight construction in the automotive industry.
The acquisition of Wipag Deutschland by Albis Plastic took place at the beginning of 2018. With Wipag's cutting-edge and pioneering technology, Albis has further invested in recycling activities and has expanded its product portfolio.
Wipag takes waste carbon fiber, which comes mostly from the automotive industry, and processes it into reinforced carbon fiber compound pellets. In the future, Albis will offer polypropylene and polyamide-based CFRP materials. PP CF compounds have both higher rigidity and lower density. This gives them a significant weight and cost advantage compared with highly-filled, glass-fiber-reinforced PA materials.
Furthermore, Wipag also receives high-quality recyclable PP-based post-industrial and post-consumer materials, from various sources, to process. This closed loop technology is typically used for recycling bumpers and instrument panels, a system used by various automotive manufacturers."Current European initiatives are already demonstrating the need to push ahead with recycling and recycling management. And with Wipag we see ourselves in an optimum position for this, both technologically and economically," says Thomas Marquardt.
Albis Plastic GmbH
Wipag Nord GmbH & Co. KG
Wipag Süd GmbH & Co. KG
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