February 14, 2007

LM Glasfiber signs strategic cooperation agreement with Goldwind
Wednesday, 14 February 2007
LM Glasfiber has signed a strategic cooperation agreement with the Chinese wind turbine manufacturer Xinjiang Goldwind Science & Technology Co., Ltd.
The agreement comprises a firm blade supply contract of minimum six-years for the Goldwind 70/1,500kW and 77/1,500kW turbines and an additional contract to develop blades for Goldwind's next generation of turbines of 2MW and above for onshore and offshore applications. The blades will be delivered from a new LM Glasfiber factory in Urumqi, Xinjiang, where Goldwind is based as well as from LM Glasfiber's existing factory in Tianjin. Supply from the new factory is expected to begin in the middle of 2007.