Zoltek has clinched an order from the wind turbine blade industry with an agreement to supply Spain’s Fiberblade. The US company’s latest success is valued at up to US$ 75 million (€ 58 million) over the first three years of the contract. The company is now engaged in a three-stage expansion programme involving re-start of an idled line in Texas and investment in its operations in Hungary, where Zoltek is planning to raise capacity of carbon fibre to 9,000 tonnes a year by 2007. Zoltek won an US$ 80–100 million (€ 62–77 million) order to supply market leader Vestas with carbon fibre in December. The fibre is employed with a resin matrix, usually epoxy, generating a big and growing market for suppliers to the business which is expanding at nearly 20% a year.
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