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11th April 2018, Nyergesújfalu

Zoltek expands in Hungary

Zoltek is to increase its carbon fibre production capacity at its plant in Nyergesújfalu, Hungary.

By expanding operations at the Hungarian facility, Zoltek will increase the plant’s production capacity by 50% to 15,000 tons annually. This will increase Zoltek’s global production capacity of its PX35 carbon fibre to a total of 25,000 tons produced on an annual basis, with the new production beginning in 2020.

Currently, Zoltek produces just one type of 50K carbon fibre at plants in both Hungary and Mexico. © Zoltek

Currently, Zoltek produces just one type of 50K carbon fibre at plants in both Hungary and Mexico. This fibre is ideal for large-scale commercial applications such as those in the growing wind energy and automotive industries.

“We continue to see an increase in demand for wind turbine blades, as well as automotive structural applications,” said Yoshihiro Takeuchi, CEO, COO, and president of Zoltek. “By expanding our production, we are preparing capacity for expected demand from the wind energy and automotive industries. Zoltek PX35 carbon fibre can be found on a number of vehicles currently in production, including the Cadillac ATS/CTS and the Audi A8. An expansion of this scale will lay the foundation for future expected growth in automotive.”

The expansion will cost approximately US$130 million and will create approximately 350 jobs in Hungary. The Hungarian Government will support the expansion with over HUF 8 billion.

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