Gurit signs prepreg supply contract with a wind turbine manufacturer in China


Gurit (SIX Swiss Exchange: GUR), a leading supplier of high performance composite materials, has signed a contract for an undisclosed multi-million Swiss Franc value, to supply a manufacturer of wind turbine blades in China.

Wattwil, February 6, 2009. Gurit, a leading developer and manufacturer of advanced composite materials, has signed a contract to supply a manufacturer of wind energy turbines with prepreg materials in China. The supply agreement was signed after the successful completion of product trials and follows similar agreements with another customer announced last year. Gurit will produce these prepreg materials locally at its state-of-the-art production site located in Tianjin, China. The multi-million Swiss Franc contract specifies numerous prepreg and formulated products to be supplied over a number of years. Demand for wind energy generation is growing in Asia and China in particular and Gurit’s local presence enables wind blade and wind turbine manufacturers to receive Chinese manufactured product along with Gurit’s full local technical and commercial support.

Rudolf Gerber, General Manager of Gurit’s Wind Energy business, commented on the new contract: “Having already added four new names last year to our global Wind Energy customer list, we are delighted to expand our Wind Energy business further.”