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Cytec To Expand Carbon Fiber Capacity In Greenville

Cytec Industries, Inc., a global specialty chemicals and materials company based in West Paterson, N.J., has selected a site adjacent to its existing carbon fiber plant in Greenville to build a new facility that is expected to double the company’s carbon fiber manufacturing capacity and enhance its capability to provide next-generation fibers. Cytec plans to invest some $150 million in the project, which is now in the assessment and engineering definition phase, with construction expected to begin in 2008 and start-up expected in early 2010.

Once the new facility is fully online, it is expected to provide approximately 225 skilled and professional jobs, and will produce Thornel® T300, T650 and T40/800 carbon fibers, used in commercial aerospace and military applications, in addition to new fibers being developed.

“The proposed facility … will leverage the surrounding developed land, rail access and some of the current infrastructure,” said Steve Speak, president, Cytec Engineered Materials, the Cytec business unit that manufactures carbon fibers and other high-tech materials used in extreme-demand applications including aerospace, high-performance automotive, launch and others. “And when you factor in the pool of highly skilled talent already available and the in-depth training that the South Carolina Technical College System can provide, South Carolina’s value proposition is clear and compelling.”

Cytec Engineered Materials will use approximately two-thirds of the carbon fiber it manufactures in its own advanced composites production. Third-party materials manufacturers specializing in aerospace products will use the remaining one-third.

February 20, 2007