Zoltek (NASDAQ:ZOLT) is small US company which supplies advanced carbon fiber composites mainly to the wind turbine industry. The company is involved in design, development and production of carbon and technical fibers which are used in wind turbine blades and aircraft brakes. The company saw sharp stock price appreciation in 2008, as wind energy grew at a rapid pace and the industry faced massive shortages. However, the advent of the Chinese wind energy companies such as Ming Yang (NYSE:MY), Sinovel and Goldwind Energy led to a reversal in the wind industry fortunes. The wind turbine industry went from a shortage situation to an oversupplied situation. The prices of wind turbines have come down drastically and the...
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