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[June 2005]
SGL Carbon and Audi Sign Cooperation Agreement on Carbon-Ceramic Brake Discs
SGL Carbon AG (Wiesbaden, Germany) and Audi AG (Ingolstadt, Germany) have signed a cooperation agreement on carbon-ceramic brake discs (CCBs). Within the scope of this agreement, SGL Carbon will receive a low double-digit ?million amount for technological and manufacturing developments as well as for the planning of automated serial production.
An additional feature of the cooperation is a possible mutual investment into a large-scale serial production resulting from the development agreement. This could take the form of a joint venture. Decisions on this will, however, be made at a later date.
Meanwhile, Audi will introduce the CCB into the market within the scope of a long-term supply agreement. The discs will be supplied by the existing SGL Carbon production facilities in Meitingen.
This cooperation agreement is subject to the approval of the necessary bodies which is expected to follow over the next few weeks.
With these measures, Audi is supporting the technological and commercial advancement of this technology developed by SGL Carbon in the 1990s and brought to serial development with Porsche. This agreement allows Audi to secure the necessary prerequisites to use these innovative materials in its future programmes.
In this context and as an initial step, Audi introduced its new Audi A8 W12 Quattro with the CCB on 7 June 2005 in the new Allianzarena in Munich.
www.sglcarbon.de
ENDS