Zoltek Announces Plan to Expand Mexico Operations

Zoltek has announced it will expand its facility in Mexico doubling capacity to 5,000 tons per year by early 2016

Zoltek producing its large tow carbon fibre at its 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. In anticipation of the increase in demand for large tow carbon fibre, the company has a plan to double its current global production by 2020 from the current capacity of 13,000 tons per year. To support this growth, Zoltek will begin phased enhancements to the Mexican plant.

The company acquired a textile acrylic fibre plant in Mexico in 2007 and had made an investment to convert the plant to carbon fibre production. Zoltek de Mexico is a critical facility for Zoltek’s carbon fibre operations. The facility has the existing infrastructure needed for expansion and will prove vital for fulfilling the demand of carbon fibre, including future supply to the growing Mexican automobile industry.