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06/13/2007 12:00 AM
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Zoltek Signs Long Term Supply Agreement With DeWind
SustainableBusiness.com News
Zoltek Companies Inc. (NasdaqGM:ZOLT) has signed a long-term strategic supply agreement with DeWind Inc. and DeWind Ltd of Luebeck, Germany (a subsidiary of Composite Technology Corporation).
The expected sales volume is over US $30 million for the first three years of the contract. Zoltek will be the exclusive supplier of carbon fiber and carbon fiber materials to DeWind for the production of rotor blades for its most advanced turbines. ``The agreement with DeWind represents another strong vote of confidence by a leading-edge wind energy company in the expanded use of carbon fiber. DeWind has been particularly innovative in its design of a high carbon fiber content blade resulting in a very light and stiff rotor integrated with a novel generator concept,' said Zsolt Rumy, Zoltek CEO.
The D8 turbine (2.0 MW) from DeWind is established in Europe as one of the most reliable and productive turbines in the industry. The new D8.2 represents yet another novel advancement with the WinDrive Hydrodynamic Gearbox enabling the use of a Synchronous Generator.
