# Zoltek to expand carbon fibre capacity in Hungary with $130m investment

Zoltek Industries will increase production capacity by 50% at its carbon fibre plant in Nyergesújfalu, Hungary, to 15,000 tonnes/year by 2020. The $130m expansion will create 350 jobs, supported by HUF8bn ($31.5m) from the Hungarian government.

- Type: Expansion
- Announced: 2018-06-08
- Where: Nyergesújfalu, Hungary
- Value: $130.0M
- Jobs: 350
- Starts operating: 2020
- Status: announced
- Capacity: 15,000 tonnes/year
- Products: PX35 50-k carbon fibre
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Zoltek Industries](https://endata.com/companies/32476.md)

## Sources

- [textilemedia.com](https://www.textilemedia.com/about-us/latest-news/zoltek-to-increase-carbon-fibre-capacity-in-hungary/), 2018-06-08: "Zoltek Industries is to increase production capacity by 50% at its carbon fibre plant in Nyergesújfalu, Hungary."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.