TAK of Republic of Korea will also be constructing a new carbonization line with the same specifications as CFA, with an annual capacity of 2,500 tons at its Gumi Plant No. 3 (Gumi-si Gyeongsangbuk-do), which is expected to start operations in March 2014. TAK is currently installing a production facility for high strength and standard modulus fiber with an annual capacity of 2,200 metriic tons to start operating in January 2013, and is in the process of enhancing its structure to address the growing market for industrial and sporting goods applications in South Korea, where the government is strategically nurturing green technology industry, and China.
TAK of Republic of Korea will also be constructing a new carbonization line with the same specifications as CFA, with an annual capacity of 2,500 tons at its Gumi Plant No. 3 (Gumi-si #
The global demand for PAN-based carbon fibers was estimated to have expanded to 37,000 tons in 2011 and it is expected to grow at a rate exceeding 15% a year.
With an eye on full-scale expansion of the carbon fiber market The Toray Group shall continue to accelerate application development in the fields of aerospace, sporting goods and general industry while enhancing its production capacity to further grow the carbon fiber composite materials business, which is the core of the Green Innovation Business Expansion Project under “Project AP-G 2013”, the Group's medium-term management program.
Toray Industries, Inc.
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