have signed a Memorandum of Understanding to explore a strategic partnership for the development and production of advanced carbon fibre automotive parts and assemblies. Having identified a significant opportunity to combine their respective skills, experiences and resources, the two companies will seek to exploit the rapidly expanding demand for composite products around the world.
CEO of Qatar Ag, Ahmed Sorour commented: “We place very high importance on investing into the knowledge-based industries which come at the forefront of the new automotive value chain, particularly when Qatar’s resources offer a significant competitive advantage. Lightweight material technology is an excellent strategic fit.” www.prodrive.com
www.qatarag.com
