Hexcel announces the construction of new US$250 million carbon fiber plant in France
Hexcel Corporation announced that it will invest US$250 million in the construction of a new carbon fiber plant in Roussillon, France.
The new carbon fiber facility will occupy a 37-acre site at the Osiris Chemicals Industry Platform in Roussillon and will comprise both polymerization and carbonization lines.
The aim is to support the growing demand for carbon fiber composites from the aerospace sector, said the company.
"Together with our capacity expansions in the US, this new facility in France will strengthen our global supply chain by adding precursor and additional carbon fiber capacity in Europe," said Nick Stanage, Hexcel Chairman, CEO and President.
Carbon fiber from the new plant will be supplied to Hexcel customers including Airbus for the A350 XWB and Safran for the CFM LEAP engine. Construction of the new plant will begin by September 2015 and is expected to be fully operational in early 2018.
Hexcel also announced that it is investing US$22 million to expand its nearby weaving and prepreg manufacturing facilities at Les Avenières, and an additional resin impregnation line in Dagneux, Montluel.
