AGY Enters European Construction and Industrial Markets with E-Glass High Tensile Glass Fiber Yarn Produced from Its China Manufacturing Facility

April 13th, 2010 by

AIKEN, SC, USA – (April 13, 2010) – AGY, a leading global producer of glass fiber
yarns and high-strength glass fiber reinforcements, recently announced that it has entered the
highly competitive European market with E-Glass fiber yarn manufactured in its Shanghai,
China plant. Produced specifically for the European construction and industrial markets,
AGY’s E-Glass yarn offers unique and outstanding properties, which provide design
opportunities for the improvement of existing products and the development of new products.

Up until now, AGY has not participated in the high tensile glass fiber yarn market in
Europe due primarily to the high duties associated with servicing these markets from the
United States. The recent expansion of its yarn manufacturing footprint to Shanghai where
production costs are lower means that AGY can now be competitive in the European market.
“With the addition of AGY Shanghai to our manufacturing infrastructure,” said Drew Walker,
AGY Vice President of Sales and Marketing. “We can now match low-cost manufacturing
with our high-tensile sizing technology and local service warehouse in Antwerp, Belgium.”

High tensile E-Glass yarns are needed for woven and scrim applications where fabric
tear strength and fabric tensile retention are key product attributes. “High tensile E-Glass
yarns have been used for many years for products like cement board and roofing membranes,”
explained Walker. “They not only increase the tear strength of the fabric, they also offer
fabric stability and fire resistance. And, when used in contact with concrete, these fabrics also
provide excellent cracking resistance, long-lasting mechanical strength and high impact
strength. Ensuring our customers are getting the best possible price is equally as important as
ensuring consistent quality and on-time delivery.”

While E-Glass is the most common form of reinforcing yarn and has been around for
many years, it is continually being discovered by design engineers and fabricators looking for
more high-tech solutions to age old problems such as how to extend the life of a concrete
structure or how to solve certain structural issues in historic buildings. “We believe that as the
technology becomes better understood, we will see double-digit growth in this market for
years to come,” added Walker.

AGY’s European operations are based in Lyon, France, with warehouse facilities
located in Antwerp, Belgium. AGY currently services its European customers with EC 9 68
(G75) high tensile glass fiber yarn. A second yarn, EC9 34 (G150), will be available later in