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SGL Carbon to Sell US Carbon Fibers Business for $70 Million

MT Newswires·10/23/2026 11:11:16
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11:11 AM EDT, 10/23/2026 (MT Newswires) -- SGL Carbon (SGL.F) subsidiary SGL Technologies agreed to divest and transfer the group's carbon fibers business in Moses Lake, US, to Refactor Moses Lake LLC for $70 million. The transaction comprises Refactor's acquisition of SGL Carbon Fibers America, including the unit's land, buildings, equipment, and machinery, according to a Friday release. The consideration will be paid in two tranches, with $45 million to be settled in 2026 and the remaining $25 million in 2027. The specialty graphite company added that carbon fiber production at the Moses Lake site was shut down in August 2025 as part of the business' restructuring.