Composites UK, in conjunction with advisors Briar Associates, has established significant savings on energy taxes levied by the UK government for the composites industry.
An initial challenging pilot scheme has been running with members of Composites UK over the last six months and is delivering proven savings for the initial participants.
Runcorn based Sigmatex has received a £54,000 rebate on their energy bills, and a further £12,000 projected savings per annum in the future as support for manufacturers of carbon fibre products. The company develops and manufactures carbon fibre textiles for composite material applications from its manufacturing base at Runcorn.
Scott Tolson, CEO at Sigmatex, said: “We are delighted with the rebate and the future projected savings, this is another excellent scheme developed for our industry by Composites UK and Briar Associates, who have worked diligently to deliver this financial benefit.”
This cost reduction is available for users of carbon fibre in any form, subject to the establishment of the correct eligibility criteria.
Those interested can contact Chris Dayus at Briar Associates on 01384 397777 or 07402 636482 for further details and to arrange a site visit.