GrafTech Announces Planned Closure Of Monterrey Graphite Electrode Facility
EAF•Planned closure of Monterrey facility
Aug. 31 (Reuters) - GrafTech International Ltd EAF.N:
- GrafTech announces planned closure of Monterrey graphite electrode facility.
- Monterrey facility production is expected to conclude early in Q2 2027.
- Production capacity is expected to decrease by 51,000 metric tons to 127,000 metric tons.
- GrafTech expects annual capital expenditure requirements to decrease by $5 million beginning in 2027.
- GrafTech expects total one-time cash costs of $20 million-$25 million, with the majority by the end of 2027.
