Zoltek makes downstream acquisitions

Zoltek makes downstream acquisitions

industry news Zoltek CARBON FIBRE maker has completed which makes downstream it hopes accelerate carbon the of it to introduction of compan...

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industry news

Zoltek CARBON

FIBRE maker

has completed which

makes downstream

it hopes

accelerate carbon

the of

it to

introduction

of

company

other

both

chairman

also

both

manufacture

Zoltek

is

winding

filament

and pultrusion

equip-

aggregated $7.5 million ending

acquisitions forming

a

products,

Zoltek’s Rumy

EnTec

manufacturing

and

(CMC),

in Salt Lake City, Utah,

The

are SP Systems,

prepregs

Co

located

ment.

across

applications.

acquisitions UK

will help

fibre composites

a range

Machines

Zoltek

four acquisitions

acquisitions

and

CMC

revenues

reported of around

for the 12 months

30 September.

ment

and is interested

company

claims

(now

it is now

prices

the

pushing

of carbon

approximately

volume

part-

carbon

has been

reduce

in

develop-

and joint ventures. largest

based on rated capaci-

ty. Over the past three years the

other

and manufacturing

Zoltek

producer

that

considering application

nerships world’s

Zsolt

confirmed

users)

$S/lb

and

capacity

to

material

for new

ensure

supply

high

and US firms Cape Composites, another and

producer, prepreg manufacturers of

two

filament

winding

Engineering

equipment,

Technology

and Composite

Inc

Machines

Co.

The largest acquisition Systems

for which

$10 million an additional

2.5 million stock.

wind

structures

composite

use

turbine

building

blades,

marine

and other

Plastics,

large com-

October

1999,

page

reported

rev-

of $34.6 million

and

$3.2

million

from

operations.

chief

executive

focus

tions and market San

Diego,

fibre prepregs

Paul

less than

similar

l

Compatible with of resin/rubber l

months

Original

chemistry

- excellent

for all orocesses

in car-

shafts

goods.

million ending

The

for 30

and facilities

vide a platform

all types

used in the MOLD

RELEASES

Woodside,

the

Toll

Sept-

Cape Composites’

business

or

formulations

applica-

of golf club

$6.5

part

releases

ble in water solvent-based

had sales of approxi-

mately

staff,

Tel:

will pro-

business

Free

& INTERNAL

LUBRICANTS

NY 1 1377 (800)

332~AXE1

in USA/Canada ,

Fax:

(718) 672.8300 (718) 565-7447

Email: [email protected]

for the expan-

sion of SP Systems’

www.axelplast.com

in

the USA.

-XTENDTMis o trademark 01 Axel Plastics

Engineering (EnTec)

on the molded

business

based

sporting

company

Cost

no residue

Zoltek

manufactures

production

l

the competition

development.

bon

ember.

income

on

Composites,

and other

Leove

l

SP Systems’

a new

will

Cape

in

head

Intermediates, which

in 1998

officer

will

Rudling

Out-perform

(Reinforced

14). The company enues

l

in

structures

posite

12

on the Isle

produces for

shares

SP Systems,

near Newport

of Wight, materials

paid

in cash and issued

of common based

is SP

Zoltek

and

Technology

Inc

Composite

January

2000

REINFORCEDplastics

fibre for

increase

applications.

fibre

to

of

volume