Who Makes Your Connecting Pins in 2027?
GrafTech is closing Monterrey and moving pin stock to Pamplona, and together the two moves take 51,000 tonnes out of a business already running at a 125,600 tonne rate. Also on the file: DOE cuts Calumet's renewable loan guarantee by more than half, EPA grants relief to 29 of 34 small refineries, four silicon metal orders renew without a defense, and a spreadsheet fix moves an Omani PET rate.
In February, GrafTech filed a 10-K that listed among its risks "our primary reliance on one facility in Monterrey, Mexico for the manufacturing of connecting pins."
On Monday it began telling the people at that facility it is closing.
The board actually approved the plan on August 6. Notifications started August 31, which is what put the Item 2.05 on the wire, and production winds down in phases through early in the second quarter of 2027.
"What does a producer do about a single-site risk when the demand that justified the site is gone?"
Close the site. And the capacity that leaves with it is bigger than the plant (chart below).
Here is the file.
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