Woodland Holdings (Knoxville, Tennessee, USA) announced on February 21 that it has submitted an amendment to the Secretary of State of Delaware requesting that the company's name be changed to 4M Carbon Fibers. The name change plan will take effect after the Secretary of State of Delaware accepts the revised plan. The company also announced that it will focus on manufacturing and selling high-quality, low-cost carbon fibers using plasma oxidation technology as a strategic priority, rather than just licensing the technology. 4M claims that compared with traditional oxidation technology, plasma oxidation technology is three times faster, while using less than one-third of the traditional technology. And these statements have been verified by many international carbon fiber producers, and the company is negotiating with many of the world's largest carbon fiber manufacturers and car manufacturers to participate as the initiator of low-cost carbon fiber production.
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