GrafTech Announces Planned Closure of Monterrey Graphite Electrode Facility
GrafTech plans to permanently close its Monterrey, Mexico facility and reduce capacity at its Pamplona site, lowering total graphite electrode production capacity by 51,000 metric tons to 127,000 metric tons. The restructuring is designed to address structural global overcapacity, with expected annual cash cost savings of $20-25 million and a $5 million reduction in capital expenditures beginning in 2027.
Key figures
- One time costs usd
- $20-25 million
- Annual cost savings usd
- $20-25 million
- New capacity metric tons
- 127000
- Old capacity metric tons
- 178000
- Annual capex reduction usd
- $5 million
- Working capital release usd
- $20-25 million
- Capacity reduction metric tons
- 51000
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