Issue Date: January 24, 2011
Toray Invests In Asian Carbon Fiber
Toray Industries will build the first carbon fiber facility in South Korea. With a production capacity of 2,200 metric tons per year, the facility will require an investment of $60 million and is scheduled to come on-line in early 2013. Toray will also resume construction on a 1,000-metric-ton production line in Ehime, Japan. The company had interrupted work at the plant in July 2009 after global demand for carbon fiber slackened. Toray calls itself the world’s largest producer of carbon fiber.
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