EFT sell Spectracarb business to Giner ELX

Engineered Fibers Technology Announces Sale of Spectracarb GDL Business to Giner ELX

Yes­ter­day, EFT announced the sale of Spec­tracarb, their graphi­tized car­bon paper busi­ness to Gin­er ELX. Below is the press release that gives all details of the sale. Includ­ed in the press release is the news that Caplinq Europe BV will con­tin­ue to sup­port the Euro­pean busi­ness.

Engineered Fibers Technology Announces Sale of
Spectracarb GDL Business to Giner ELX

Engi­neered Fibers Tech­nol­o­gy, LLC (EFT) of Shel­ton, CT announced today the sale of their Spec­tracarbTM porous graphite GDL busi­ness unit to Gin­er ELX, Inc, New­ton, MA. Spec­tracarb car­bon / car­bon gas dif­fu­sion elec­trodes and oth­er Spec­tracarb prod­ucts are used in fuel cells, elec­trolyz­ers and oth­er elec­tro­chem­i­cal appli­ca­tions on a world­wide basis.

Engi­neered Fibers Tech­nol­o­gy (EFT) has been research­ing, devel­op­ing, and man­u­fac­tur­ing car­bona­ceous com­po­nents on a lab­o­ra­to­ry and com­mer­cial scale for var­i­ous elec­tro­chem­i­cal appli­ca­tions since 2005 when it acquired the Spec­tracarb busi­ness from Spec­tra­corp, and is a lead­ing mate­ri­als sup­pli­er to domes­tic and inter­na­tion­al pri­vate indus­try, gov­ern­ment lab­o­ra­to­ries, and uni­ver­si­ties. EFT offered the largest selec­tion of porous car­bon / car­bon papers and thick pan­els avail­able com­mer­cial­ly and focused on the devel­op­ment and pro­duc­tion of cus­tomer-spe­cif­ic mate­ri­als.

EFT was found­ed in 1998 with a mis­sion to pro­vide unique engi­neered fibers, fiber-con­tain­ing prod­ucts, and engi­neer­ing ser­vices to meet spe­cial­ized tech­ni­cal require­ments in short fiber com­pos­ites, engi­neered mate­ri­als, papers, pulp-mold­ed prod­ucts and non­wo­vens. EFT Man­ag­ing Direc­tor Robert Evans stat­ed, “The sale of our Spec­tracarb GDL busi­ness will per­mit greater focus on this grow­ing mar­ket seg­ment under Gin­er ELX own­er­ship to bet­ter meet the needs of the elec­tro­chem­i­cal indus­try, while allow­ing EFT to focus on our grow­ing fiber and nanofib­ril­lat­ed fiber busi­ness­es in wet-laid com­pos­ites and engi­neered mate­ri­als.”

Gin­er ELX was formed in April 2017 as a sep­a­rate com­pa­ny from Gin­er Lab­o­ra­to­ries to spe­cial­ize in large-scale hydro­gen gen­er­a­tion for renew­able ener­gy stor­age and oth­er indus­tri­al appli­ca­tions. “The acqui­si­tion of the unique Spec­tracarb tech­nol­o­gy for thick pan­els adds to Gin­er ELX’s suc­cess­ful com­mer­cial PEM elec­trol­y­sis busi­ness”, said Gin­er ELX CEO Andy Belt. “ELX offers the low­est cost and high­est per­for­mance grid-lev­el ener­gy stor­age solu­tions on the mar­ket, and Spec­tracarb porous car­bon / car­bon pan­els are an essen­tial part of our prod­ucts.”

EFT and Gin­er ELX also joint­ly stat­ed that the Spec­tracarb GDL prod­uct line will con­tin­ue to be com­mer­cial­ly avail­able and that Caplinq Europe BV will con­tin­ue to rep­re­sent Spec­tracarb prod­ucts in Europe. Also, there will be no changes in man­u­fac­tur­ing part­ners, and EFT will con­tin­ue to pro­vide engi­neer­ing ser­vices to assure a smooth tran­si­tion of the Spec­tracarb busi­ness.

For addi­tion­al infor­ma­tion, con­tact Robert Evans, EFT, at 203 922 1810, or Tim Nor­man, Gin­er ELX, at 781 392 0308.

Please vis­it our web­site to view our entire range of con­duc­tive prod­ucts and plas­tics includ­ing our graphi­tized car­bon paper prod­ucts. You can also con­tact us about if you have any ques­tions about the sale of the Spec­tracarb busi­ness.

About Chris Perabo

Chris is an energetic and enthusiastic engineer and entrepreneur. He is always interested in taking highly technical subjects and distilling these to their essence so that even the layman can understand. He loves to get into the technical details of an issue and then understand how it can be useful for specific customers and applications. Chris is currently the Director of Business Development at CAPLINQ.

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