Mitsubishi Rayon Postpones Start Up of Carbon Fiber Plant Due to Poor Demand

Mitsubishi Rayon says it will postpone the start of production at a previously announced carbon fiber plant at Otake, Japan by about one year, until the fourth quarter of 2010. The company cites the current severe business environment. Construction work, which is currently under way, will be temporarily stopped, Mitsubishi Rayon says. The plant will have capacity to produce 2,700 m.t./year of carbon fiber. Its output will consist of high-performance standard modulus carbon fiber tow, a new type of carbon fiber, mainly for industrial uses. Mitsubishi Rayon’s...

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