SGL to close the Lachute Plant in Canada, This decision is a result of the company’s global realignment strategy and cost savings program “SGL2015”, whereby the objective is to sustainably enhance SGL Group’s competitive position and simultaneously improve its profitability.
The closure of the Lachute facility with a capacity of approximately 30 kmt graphite electrodes is the first part of a group-wide capacity reduction to sustain SGL’s cost leadership position.
http://www.sglgroup.com/cms/international/press-lounge/news/2013/10/10182013_p.html?__locale=en
The answer to the SGL’s problems: a source of less expensiveHydrothermal Synthetic -Like Natural Graphite.
Zenyatta’s Synthetic-Like Natural Graphite with $1000 aisc, would reduce input costs, make SGL more competitive and enhance profitability.
Cheers, Mark