Our company

Exel Composites is one of the largest manufacturers of composite profiles and tubes made with pultrusion and pull-winding technologies and a pultrusion technology forerunner in the global composite market. Our forward-thinking composite solutions made with continuous manufacturing technologies serve customers in a wide range of industries around the world. You can find our products used in applications in diverse industrial sectors such as wind power, transportation and building and infrastructure.

Our R&D expertise, collaborative approach and global footprint set us apart from our competition. Our composite solutions help customers save resources, reduce products’ weight, improve performance and energy efficiency and decrease total lifetime costs. We want to be the first choice for sustainable composite solutions globally.

Headquartered in Finland, Exel Composites employs over 600 forward-thinking professionals around the world and is listed on Nasdaq Helsinki.


Our vision and purpose

Exel purpose and vision landscape 2020-11-26

Our strategy


Organic growth

Capturing growth from large and fast-growing energy transition and decarbonization applications driven by sustainability.


Customer value

Focus on increasing value to customers through responsiveness and product platforms and composites design solutions in selected segments.



New operating model with two business units, larger factories with clear roles and efficiency improvements throughout to deliver solid profitability.


High ambition

Skills and capabilities enabling Exel to achieve over EUR 200 million annual revenue within five years.

We have a global sales, manufacturing and R&D network

  • Runcorn, United Kingdom
  • Erlanger, United States
  • Oudenaarde, Belgium
  • Joensuu, Finland
  • Mäntyharju, Finland
  • Kapfenberg, Austria
  • Nanjing, China
  • Goa India

Our history

Exel’s operations started in 1960 when three chemists founded a company which specialized in the production of electric detonator caps. The company’s name was derived from the words Explosive Electronics. We started making carbon fiber brushes to remove static in copier machines; then to ski poles. Today, we are the largest pultruder in the world.


The company founded in 1960 by three chemists to make electric detonator caps, followed by carbon fiber brushes.


Our engineers continued with carbon fiber making ski poles, and developed production expertise.


Sporting goods gained momentum, including new products like wind surfing masts. Grew industrial applications and telescoping poles.


Continued expansion with sporting goods along with industrial applications. Exel is listed on the Helsinki stock exchange.


Expanded into Belgium, China, Australia, and the UK. Sold the sporting good brands to focus on business to business sales.


Celebrated our 50th, acquired Nanjing Jianhui Composite Material and Diversified Structural Composites in the US.

More about us


We take pride in consistent, high-quality deliveries.

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We are always thinking what else we can and should do to further improve sustainability actions.

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We always look for opportunities to work with new forward thinkers.

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