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Hexcel to invest $250M in new carbon fiber plant in France; capacity expansions at nearby weaving and prepreg facilities

Hexcel Corporation will invest $250 million in the construction of a carbon fiber plant in Roussilon, France. The new carbon fiber facility will occupy a 37-acre site at the Osiris Chemicals Industry Platform in Roussillon and will incorporate both polymerization and carbonization lines. The plant is part of Hexcel’s ongoing worldwide investment to create a diversified and robust supply chain to support aerospace customers’ growing demand for carbon fiber composites.

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.

—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 employ 120 people when fully operational in early 2018. Today Hexcel employs close to 1,000 people in France.

The Roussillon facility is located close to Hexcel’s weaving and prepreg manufacturing facilities near Lyon. Hexcel will also invest a further $22 million at these existing facilities to include capacity expansions at Hexcel’s carbon fiber weaving plant at Les Avenières, and an additional resin impregnation line in Dagneux, Montluel.

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