26th Dec 2019
Gurit has signed a supply contract for core materials with a Chinese wind turbine blade producer, supplying international and domestic OEMs. The three-year contract covers the years 2020 to 2022 and is a continuation of an existing deal for the supply of core materials. Gurit will increase its Pet extrusion capacities in 2020 in Tianjin and Matamoros.
31st Oct 2019
Gurit Holding AG will close its automotive production site in Hungary in second half of 2020. The Switzerland-based company said it is in contact with the customers to re-assign the residual production orders to other suppliers. Shut-down cost is estimated at a low single digit million amount affecting the years 2019 and 2020, Gurit said.
14th Oct 2019
Gurit is investing in its aerospace site in Kassel through a multi-year plant renewal, manufacturing capacity expansion and technology enhancement programme. These investments will enable Gurit to offer the global aerospace customers the required quantities of current and future products at competitive terms manufactured with the latest technology.
4th Oct 2019
Gurit is in process of implementing a multi-year plant renewal, manufacturing capacity expansion and technology enhancement programme over a single-digit million amount in CHF at its aerospace site in Kassel. This will enable it to offer aerospace customers required quantities of current and future products at competitive terms made with latest...
30th Aug 2019
Gurit, developer of composite materials, has announced supply contracts for core materials which have been secured with two world leading Wind OEMs for its composite materials business unit. The three- respectively four-year contracts are a continuation of existing supply agreements, for PET, and are in line with communicated group sales targets for...
19th Nov 2018
Advanced composites specialist Gurit Holding AG has launched Ampreg 31 and Ampreg 36 resins and ancillaries that prioritise user health and safety. Featuring a robust resin matrix, they enable excellent mechanical and thermal properties of laminates for the manufacture of large composite structures in the marine, wind and construction industries.
16th Mar 2018
Extending partnership, Gurit and Elbe Flugzeugwerke have signed a new framework contract for the development and supply of aerospace materials. The 3-year agreement will take effect from January 1, 2019 and will build on the decennial business relationship between both companies. Total value of the agreement is around CHF25 million over the contract...
8th Mar 2018
Gurit, a company specialised in the development and manufacture of advanced composite materials, related technologies, and select finished parts and components, is showing its new range of composite technologies at the ongoing JEC World 2018, the leading international composites exhibition, which is being held from March 6 to 8, 2018, in stand L22,...
17th Oct 2017
Gurit will transfer its UK prepreg business to its Spanish prepreg production facility by summer 2018. The technology change from the use of pre-impregnated fibres (prepregs) to infusion technology for wind blades in the global wind energy industry over the past 10 years has led to non-utilisation and underutilisation of Gurit’s prepreg production...
18th Aug 2017
Switzerland-based manufacturer of advanced composite materials Gurit has recorded net sales of CHF 175.2 million ($182.12 million) for the first six months of 2017. This represents a currency-adjusted decrease of 0.5 per cent and 3.9 per cent in reported Swiss francs over the previous year. Operating profit amounted to CHF 21 million for the reported...