| Apr. 26, 2004 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Toray to Expand “TORAYCA” Carbon Fiber Production in the U.S. |
||||||||||||||||||||||||||||||||||||||||||||||||||||
| Toray Industries, Inc., announced today the
production capacity expansion of its PAN-based carbon fiber and prepreg U.S facilities,
in response to growing composite materials demand. The production capacity expansion planned for Toray Carbon Fibers America, Inc. (CFA), located in Decatur, Alabama includes; 1,800 tons per year of PAN-based carbon fiber and approximately 3,600 tons per year of “precursor”. The prepreg production capacity expansion of 6.2 million m2 will take place at Toray Composites, (America), Inc. (TCA), located in Tacoma, Washington USA. Both are scheduled to come on stream in early 2006. Total investment amount will be about 16 billion Yen. After completion of the new PAN-based carbon fiber production lines, CFA's annual capacity will reach 3,600 tons per year and the Toray Group’s annual PAN-based carbon fiber production capacity will be 10,900 tons per year. Prepreg capacity in TCA will reach 11.2 million m2. At present, the global demand for PAN-based carbon fiber is approximately 20,000 tons per year. Over the next decade, the demand is forecast to continue growing at 7 - 8% per year with the recovery of aeronautical applications and expansion of industrial applications. Toray decided to locate these expansions in the U.S. to establish optimum supply chains. Toray regards carbon fiber production as one of its strategically expanding businesses. Based on its worldwide PAN-based carbon fiber operations in the Japanese, Asian, U.S., and European markets, Toray intends to expand its businesses worldwide as a leading carbon fiber manufacturer. |
||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
| # # # | ||||||||||||||||||||||||||||||||||||||||||||||||||||
 |
||
 |
|
Back to News Index |
