Electric Glass Fiber UK (closed 06/2025)
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Notice to Cease Operation of a Subsidiary in the UK
As the company announced on April 3, 2025 in “Announcement of Strategic Review of Composites
Business at Electric Glass Fiber UK, Ltd.,” NEG has considered various options, including the possibility
of selling EGFU, forming strategic partnerships, or cessation of its business activities during the
approximately two and a half month strategic review period. In order to quickly rebuild our composites
business, we have determined to cease EGFU’s operation and proceed with preparations for voluntary
liquidation.		 PDF 213.348 byte show