Carbon fiber tax reduction

Composites UK says it is working with advisors Briar Associates, to help composites company save money on energy taxes levied by the UK government.

This cost reduction is available for users of carbon fiber in any form, subject to eligibility. During an initial pilot scheme has been running with members of Composites UK over the last six months, Runcorn, UK-based Sigmatex received a £37,000 rebate on its energy bills, and a further £12,000 projected savings per annum in the future as support for manufacturers of carbon carbon products.

‘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,’ said Scott Tolson, CEO at Sigmatex.

For further details contact Chris Dayus at Briar Associates on 01384 397777 or 07402 636482.

This story is reprinted from material from the Composites UKwith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.