SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                 SCHEDULE 13G
                                (Rule 13d-102)

            INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
          TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13d-2(b)
                              (Amendment No. 1)*


                              Hexcel Corporation
   ------------------------------------------------------------------------
                               (Name of Issuer)


                         Common Stock, Par Value $0.01
   ------------------------------------------------------------------------
                        (Title of Class of Securities)


                                  428290 10 0
   ------------------------------------------------------------------------
                                (CUSIP Number)


*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).





                                                                             2

---------------------
CUSIP No. 428290 10 0
---------------------
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1        NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

         Ciba Specialty Chemicals Holding Inc.
         Ciba Specialty Chemicals Corporation                 13-3904291
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2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

         (a)      [ ]
         (b)      [ ]
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3        SEC USE ONLY
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4        CITIZENSHIP OR PLACE OF ORGANIZATION

         Ciba Specialty Chemicals Holding Inc.                Switzerland
         Ciba Specialty Chemicals Corporation                 Delaware
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                           5   SOLE VOTING POWER

NUMBER OF SHARES               Ciba Specialty Chemicals Holding Inc. None
BENEFICIALLY OWNED             Ciba Specialty Chemicals Corporation  2,290,448
BY EACH REPORTING         ----------------------------------------------------
PERSON WITH                6   SHARED VOTING POWER

                               Ciba Specialty Chemicals Holding Inc. None
                               Ciba Specialty Chemicals Corporation  None
                          ----------------------------------------------------
                           7   SOLE DISPOSITIVE POWER

                               Ciba Specialty Chemicals Holding Inc. None
                               Ciba Specialty Chemicals Corporation  2,290,448
                          ----------------------------------------------------
                           8   SHARED DISPOSITIVE POWER

                               Ciba Specialty Chemicals Holding Inc. None
                               Ciba Specialty Chemicals Corporation  None
------------------------------------------------------------------------------

9                 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  2,290,448
------------------------------------------------------------------------------
10           CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

             [ ]
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11           PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

             5.8%
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12           TYPE OF REPORTING PERSON

             Ciba Specialty Chemicals Holding Inc.                HC, CO
             Ciba Specialty Chemicals Corporation                 CO
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ITEM 1(A)    NAME OF ISSUER:
             Hexcel Corporation
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ITEM 1(B)    ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
             Two Stamford Plaza, 281 Tresser Boulevard,
             Stamford, Connecticut 06901-3238
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ITEM 2(A)    NAME OF PERSON FILING:
             Ciba Specialty Chemicals Holding Inc.
             Ciba Specialty Chemicals Corporation





                                                                             3

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ITEM 2(B)    ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
             Ciba Specialty Chemicals Holding Inc.
             Klybeckstrasse 141,
             CH-4002, Basel,
             Switzerland

             Ciba Specialty Chemicals Corporation
             P.O. Box 2005,
             560 White Plains Road,
             Tarrytown, New York 10591
------------------------------------------------------------------------------
ITEM 2(C)    CITIZENSHIP:
             Ciba Specialty Chemicals Holding Inc.
             Ciba Specialty Chemicals Corporation
------------------------------------------------------------------------------
ITEM 2(D)    TITLE OF CLASS OF SECURITIES:
             Common Stock
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ITEM 2(E)    CUSIP NUMBER:
             428290 10 0
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ITEM         3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR
             13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ]      Broker or dealer registered under Section 15 of the Act.
(b) [ ]      Bank as defined in Section 3(a)(6) of the Act.
(c) [ ]      Insurance company as defined in Section 3(a)(19) of the Act.
(d) [ ]      Investment company registered under Section 8 of the Investment
             Company Act of 1940.
(e) [ ]      An investment adviser in accordance with Rule 13(d)-
             1(b)(1)(ii)(E).
(f) [ ]      An employee benefit plan or endowment fund in accordance with
             Rule 13d-1(b)(1)(ii)(F).
(g) [ ]      A parent holding company or control person in accordance with
             Rule 13d-1(b)(ii)(G).
(h) [ ]      A savings association as defined in Section 3(b) of the Federal
             Deposit Insurance Act (12 U.S.C. 1813).
(i) [ ]      A church plan that is excluded from the definition of an
             investment company under Section 3(c)(14) of the Investment
             Company Act of 1940;
(j) [ ]      Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

ITEM 4.      OWNERSHIP.
(a)      Amount beneficially owned: 2,290,448
(b)      Percent of class: 5.8%
(c)      Number of shares as to which such person has:
         (i)      Sole power to vote or to direct the vote:
                  Ciba Specialty Chemicals Holding Inc.  None
                  Ciba Specialty Chemicals Corporation   2,290,448
         (ii)     Shared power to vote or to direct the vote:
                  Ciba Specialty Chemicals Holding Inc.  None
                  Ciba Specialty Chemicals Corporation   None
         (iii)    Sole power to dispose or to direct the disposition of:
                  Ciba Specialty Chemicals Holding Inc.  None
                  Ciba Specialty Chemicals Corporation   2,290,448
         (iv)     Shared power to dispose or to direct the disposition of:
                  Ciba Specialty Chemicals Holding Inc.  None
                  Ciba Specialty Chemicals Corporation   None

ITEM 5.      OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
             N/A

ITEM 6.      OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
             N/A

ITEM 7.      IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
             ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
             COMPANY.
             N/A





                                                                             4

ITEM 8.      IDENTIFICATION AND CLASSIFICATION OF MEMBER OF THE GROUP.
             N/A

ITEM 9.      NOTICE OF DISSOLUTION OF GROUP.
             N/A

ITEM 10.     CERTIFICATIONS.
             N/A

                                   SIGNATURE

          After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.

                                         April 16, 2003
                                         ----------------------------------
                                                       Date

                                         CIBA SPECIALTY CHEMICALS HOLDING INC.

                                         By:   /s/ Oliver Strub
                                            ---------------------------------
                                            Name:  Oliver Strub
                                            Title: Senior Corporate Counsel


                                         By:   /s/ Max Dettwiler
                                            ---------------------------------
                                            Name:  Max Dettwiler
                                            Title: Head Taxes & Corporate Law


                                         CIBA SPECIALTY CHEMICALS CORPORATION

                                         By:   /s/ Eric R. Finkelman
                                            ---------------------------------
                                            Name:  Eric R. Finkelman
                                            Title: Vice President, General
                                                   Counsel & Secretary






                                                                     EXHIBIT A


                 AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G

         In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act
of 1934, as amended, the undersigned hereby agree to the joint filing, on
behalf of each of them, of a Statement on Schedule 13G (including amendments
thereto) with respect to the Common Stock of Hexcel Corporation. Each of the
undersigned states that it is entitled to individually use Schedule 13G
pursuant to Rule 13d-1(d) of the Act. Each of the undersigned is responsible
for the timely filing of such Schedule 13G and any amendments thereto, and for
the completeness and accuracy of the information concerning such person
contained therein; but none of them is responsible for the completeness or
accuracy of the information concerning the other persons making the filing,
unless such person knows or has reason to believe that such information is
inaccurate.

                                         Date:  April 16, 2003


                                         CIBA SPECIALTY CHEMICALS HOLDING INC.

                                         By:   /s/ Oliver Strub
                                            ---------------------------------
                                            Name:  Oliver Strub
                                            Title: Senior Corporate Counsel


                                         By:   /s/ Max Dettwiler
                                            ---------------------------------
                                            Name:  Max Dettwiler
                                            Title: Head Taxes & Corporate Law


                                         CIBA SPECIALTY CHEMICALS CORPORATION

                                         By:   /s/ Eric R. Finkelman
                                            ---------------------------------
                                            Name:  Eric R. Finkelman
                                            Title: Vice President, General
                                                   Counsel & Secretary