SGL Group is combining its activities in the field of fibers and materials for innovative lightweight solutions. Since the beginning of this year, the composites business of SGL Group and the activities of SGL Automotive Carbon Fibers, the joint venture between SGL Group and BMW Group, have been bundled in a single business unit. The new business unit, named Composites - Fibers and Materials (CFM). CFM is headquartered at the SGL site in Meitingen, where the company is also investing in a new Lightweight and Application Center.

The company also announced that, the new business unit Composites - Fibers and Materials is headed by Andreas Wüllner, who also continues as managing director of SGL Automotive Carbon Fibers.