Long-term supply agreement strengthens global wind energy industry
Gurit Holding AG has signed a five-year supply contract with a manufacturer of wind turbines. The contract covers the supply of core kits featuring Gurit OptiCore technology and is expected to generate net sales of CHF 250 million for Gurit.
Gurit Holding AG has signed a long-term supply agreement with one of the “world’s leading manufacturers of wind turbines,” according to a press release. The agreement has a term of five years and is expected to increase Gurit’s net sales by around CHF 250 million, depending on customer demand.
The contract provides for ongoing deliveries of base material with Gurit OptiCore technology and includes volume commitments for onshore and offshore platforms in several regions worldwide. According to the press release, the agreement strengthens Gurit’s global leadership position in core technical solutions for wind energy and at the same time further advances the customer’s goals in terms of reducing the weight of its rotor blades. This will enable the customer to achieve improved manufacturing efficiency and reduced total cost of ownership.
“This significant new long-term contract underscores our strong global market position and the lasting partnerships we have built with strategic customers,” said Tobias Lühring, CEO of the Gurit Group. “It reflects the confidence in Gurit’s innovative solutions and our ability to create long-term value. With our global presence, we serve customers in all key markets while optimising our capacities and efficiency. We are proud to support the renewable energy industry and contribute to its continued growth.”
Gurit Holding AG, based in Wattwil, specialises in the development and manufacture of high-performance composite materials, tooling solutions and core kitting services (customised material preparation). The product portfolio includes structural core materials, profiles, prepregs (semi-finished products), resins, adhesives and engineering services.