ELG Carbon Fibre was formed through an acquisition in 2011. Since then it has created the world's first and largest carbon fibre recycling plant in Coseley, West Midlands, in the UK.
ELG is a global leader in the trading, processing and recycling of raw materials for the stainless steel industry as well as high performance materials such as super alloy, titanium and of course, carbon fibre. ELG has been part of the Haniel Group since 1982. Through its acquisition, ELG is able to bring its experience in recovering high value raw materials from waste streams to the carbon fibre industry.
Haniel is a German company that has been headquartered in Duisburg-Ruhrort since it was founded in 1756. The 100% family owned Holding Company manages its diversified portfolio from there and pursues a long-term investment strategy as a value developer.