Toray Industries : Expanding European Carbon Fiber Production Facilities
October 03, 2023 at 09:20 pm EDT
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Toray Expanding European Carbon Fiber Production Facilities
Toray Expanding European Carbon Fiber Production Facilities
Oct. 4, 2023
Toray Industries, Inc.
Tokyo, Japan, October 4, 2023 - Toray Industries, Inc., announced today that it has decided to expand French subsidiary Toray Carbon Fibers Europe S.A.'s production facilities for regular tow* medium- and high-modulus carbon fibers. This move will increase annual capacity at the Abidos plant (South-West France) from 5,000 metric tons annually, to 6,000 metric tons. Production is expected to start in 2025.
Demand for medium- and high-modulus carbon fibers is rising in Europe, driven by a push to move towards a net-zero society. This growth is mainly due to higher build rates for commercial aircrafts (secondary structures and engines), as well as centrifuge for energy production, satellites, and high-end automobiles. By boosting carbon fiber production capacity in Europe, Toray is responding to its customers' demand for medium and high-modulus carbon fibers, as befits the market leader.
Toray has made sustainable growth pivotal to Project AP-G 2025, its medium-term management program. Accordingly, the company has developed solutions to tackle climate change with its carbon fiber composite materials. Toray will fully leverage its resources to help achieve a carbon-neutral economy by 2050, in keeping with its corporate philosophy of contributing to society by creating new value.
*Regular tow fibers are carbon fibers with up to 24,000 filaments, serving in fields requiring exceptional performance and quality, including aircraft and pressure vessels.
Profile of Toray Carbon Fibers Europe S.A.
(1) Business: Manufacturing and selling carbon fibers and composite pultruded products (rods and laminates)
(2) Head office: Lacq, (South-West France)
(3) Established: December 1982
(4) Representative: Jean-Marc Guilhempey, Chairman and CEO
Toray Industries Inc. published this content on 04 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 October 2023 01:19:12 UTC.
Toray Industries, Inc. is a diversified group organized around 5 areas of activity:
- fiber and textile production (38.2% of net sales): nylon, polyester, acrylic fibers, non-woven products, etc.;
- plastic and chemical manufacture (38.2%): resins, plastic films, fine chemicals, etc.;
- engineering and environmental services (10.3%): development, construction, and assembly of industrial units, manufacture of seawater desalinization equipment, wastewater treatment equipment, etc.;
- production of carbon fibers (9.7%);
- other (3.6%): primarily fabrication of pharmaceutical and medical products.
Net sales break down geographically as follows: Japan (44%), China (19.5%), Asia (19.8%) and other (16.7%).
TORAY INDUSTRIES, INC. 
