U.S. proposes composite industry institute
The federal government is offering up to $70 million in funding — it has to be matched — to create a new Advanced Composites Manufacturing Innovation Institute.
The U.S. Department of Energy is seeking proposals for an institute that focuses on overcoming the barriers to wider spread use of advanced composites, which are seen as a critical way to support national energy goals and domestic prosperity.
Industry analysts predict the global carbon fiber polymer composite market will grow to $25.2 billion by 2019 and glass fiber reinforcements to reach $16.4 billion by 2016.
Read more at: http://www.plasticsnews.com/article/20140326/NEWS/140329914/u-s-proposes-composite-industry-institute
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