Gurit Signs Supply Contract with Chinese OEM

January 06 2020

Gurit has secured a supply contract for core materials with a Chinese wind turbine blade producer supplying international and domestic OEMs.

The three-year contract covers the years 2020 – 2022 and is a continuation of an existing business relation for the supply of core materials. It is expected to deliver Net Sales of CHF 25 million over the contract period, half of which will be for PET core material.

As communicated earlier, Gurit will increase its PET extrusion capacities in 2020 at the existing extrusion sites in Tianjin, China as well as in Matamoros, Mexico.

For identifying growth opportunities in the global wind energy composites market, please visit
http://www.lucintel.com/composite_materials_in_wind_energy_market_2018.aspx

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