Toray To Resume Building Carbon Fiber Line In Japan On Demand Pickup
11 Janeiro 2011 - 5:48AM
Dow Jones News
Toray Industries Inc. (3402.TO) said Tuesday it has decided to
resume construction of carbon fiber-making facilities in Japan,
anticipating a recovery in demand for the material used in aircraft
and other products.
Japan's largest synthetic fiber maker by sales has suspended
construction work to build an additional production line at its
Ehime plant in Shikoku island of western Japan, since the spring of
2009 in the wake of global economic turmoil. The new line was
initially scheduled to kick off operations in July 2009.
But a quick recovery in demand prompted the decision to resume
construction work there. With the amount of outlays estimated as
same as the initially planned Y16 billion, the new line is expected
to go on stream from September 2012.
The boost will help increase Toray's annual capacity to churn
out carbon fiber by 1,000 metric tons to 18,900 tons.
Carbon fiber products are used in a wide range of industrial
applications, including aircraft, fuel tanks for compressed natural
gas cars, and blades for power-generating windmills. Carbon-fiber
reinforced materials weigh about half as much as sheet steel and
30% less than aluminum.
In 2006, Toray signed a 16-year contract worth at least $6
billion to supply carbon fiber materials for use in Boeing Co.'s
(BA) new 787 Dreamliner.
-By Hiroyuki Kachi, Dow Jones Newswires; 813-6269-2789;
Hiroyuki.Kachi@dowjones.com
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