The group's principal activity is to develop, manufacture and market carbon fibers used in aircraft brakes and other composite materials. The group's operations consist of three business segments: carbon fibers, technical fibers and specialty products. Carbon fibers & technical fibers segments manufacture low-cost carbon fibers. These are used as reinforcement material in composites, oxidized acrylic fibers for heat/fire barrier applications and aircraft brakes, carbon fiber composite products and filament winding equipment used in the composite industry. This segment sells carbon fibers under the panex trade name and its heat and fire resistant fibers under the pyron trade name. Carbon fiber & technical fibers segments are located geographically in the us and hungary. Specialty products segment manufactures and markets acrylic and nylon products and fibers primarily to the textile industry and is located in hungary.