<Page>
EXHIBIT 99.2
NOTICE OF GUARANTEED DELIVERY
FOR
HEXCEL CORPORATION
This form or one substantially equivalent hereto must be used to accept the
Exchange Offer of Hexcel Corporation (the "Company") made pursuant to the
Prospectus, dated August , 2001 (the "Prospectus"), if certificates for the
outstanding 9 3/4% Senior Subordinated Notes Due 2009 of the Company issued on
June 29, 2001 (the "Original Notes") are not immediately available or if the
procedure for book-entry transfer cannot be completed on a timely basis or time
will not permit all required documents to reach The Bank of New York, as
exchange agent (the "Exchange Agent") prior to 5:00 P.M., New York City time, on
the Expiration Date of the Exchange Offer. Such form may be delivered or
transmitted by facsimile transmission, mail or hand delivery to the Exchange
Agent as set forth below. In addition, in order to utilize the guaranteed
delivery procedure to tender Original Notes pursuant to the Exchange Offer, a
completed, signed and dated Letter of Transmittal (or facsimile thereof) must
also be received by the Exchange Agent prior to 5:00 P.M., New York City time,
on the Expiration Date. Capitalized terms not defined herein are defined in the
Prospectus.
DELIVERY TO: The Bank of New York, EXCHANGE AGENT
<Table>
<Caption>
BY REGISTERED OR CERTIFIED MAIL: BY HAND OR OVERNIGHT DELIVERY:
The Bank of New York The Bank of New York
Reorganization Department Reorganization Department
101 Barclay Street, 7E 101 Barclay Street, 7E
New York, New York 10286 New York, New York 10286
Attention: Duong Nguyen Attention: Duong Nguyen
</Table>
FOR INFORMATION CALL:
(212) 815-3687
BY FACSIMILE TRANSMISSION
(FOR ELIGIBLE INSTITUTIONS ONLY):
(212) 815-6339
CONFIRM BY TELEPHONE:
(212) 815-3687
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE, OR
TRANSMISSION OF INSTRUCTIONS VIA FACSIMILE OTHER THAN AS SET FORTH ABOVE, WILL
NOT CONSTITUTE A VALID DELIVERY.
<Page>
<Table>
Ladies and Gentlemen:
Upon the terms and conditions set forth in the Prospectus and the accompanying Letter of Transmittal,
the undersigned hereby tenders to the Company the principal amount of Original Notes set forth below
pursuant to the guaranteed delivery procedure described in "The Exchange Offer--Guaranteed Delivery
Procedures" section of the Prospectus.
Principal Amount of Original Notes Tendered:(*)
Certificate Nos. (if available): If Original Notes will be delivered by book-entry
transfer to The Depository Trust Company, provide
account number.
Total Principal Amount Represented by
Original Notes Certificate(s):
$ Account Number
ALL AUTHORITY HEREIN CONFERRED OR AGREED TO BE CONFERRED SHALL SURVIVE THE DEATH OR INCAPACITY OF THE
UNDERSIGNED AND EVERY OBLIGATION OF THE UNDERSIGNED HEREUNDER SHALL BE BINDING UPON THE HEIRS, PERSONAL
REPRESENTATIVES, SUCCESSORS AND ASSIGNS OF THE UNDERSIGNED.
PLEASE SIGN HERE
SIGNATURE(S) OF OWNER(S) DATE
OR AUTHORIZED SIGNATORY
Area Code and Telephone Number:
Must be signed by the holder(s) of Original Notes as their name(s) appear(s) on certificates for
Original Notes or on a security position listing, or by person(s) authorized to become registered holder(s)
by endorsement and documents transmitted with this Notice of Guaranteed Delivery. If signature is by a
trustee, executor, administrator, guardian, attorney-in-fact, officer or other person acting in a fiduciary
or representative capacity, such person must set forth his or her full title below.
PLEASE PRINT NAME(S) AND ADDRESS(ES)
</Table>
<Table>
Name(s):
Capacity:
Address(es):
- --------------------------------------------------------------------------
* Must be in denominations of principal amount of $1,000 and any integral
multiple thereof.
</Table>
<Page>
<Table>
GUARANTEE
(Not to be used for signature guarantee)
The undersigned, a financial institution (including most banks, savings and loan
associations and brokerage houses) that is a participant in the Securities Transfer Agents
Medallion Program, the New York Stock Exchange Medallion Signature Program or the Stock
Exchanges Medallion Program, hereby guarantees that the certificates representing the
principal amount of Original Notes tendered hereby in proper form for transfer, or timely
confirmation of the book-entry transfer of such Original Notes into the Exchange Agent's
account at The Depository Trust Company pursuant to the procedures set forth in "The
Exchange Offer--Guaranteed Delivery Procedures" section of the Prospectus, together with
any required signature guarantee and any other documents required by the Letter of
Transmittal, will be received by the Exchange Agent at the address set forth above, no
later than three New York Stock Exchange trading days after the Expiration Date.
NAME OF FIRM AUTHORIZED SIGNATURE
ADDRESS TITLE
Name:
ZIP CODE (PLEASE TYPE OR PRINT)
Area Code and Tel. No. Dated:
</Table>
NOTE: DO NOT SEND CERTIFICATES FOR ORIGINAL NOTES WITH THIS FORM. CERTIFICATES
FOR ORIGINAL NOTES SHOULD BE SENT ONLY WITH A COPY OF YOUR PREVIOUSLY
EXECUTED LETTER OF TRANSMITTAL.