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Toray to Build Carbon Fiber Plant in Korea

1:13 AM MST | January 17, 2011 | Deepti Ramesh

Toray Industries says its Toray Advanced Materials Korea (TAK; Seoul) subsidiary will build a plant for the production of carbon fiber at TAK’s manufacturing site at Gumi, Korea. The plant, which will involve an investment of won63 billion ($57 million), will have a production capacity of 2,200 m.t./year. Construction of the plant is expected to begin in early 2011 and the plant is expected to become operational in January 2013. “Korea until now has relied on imports for almost all of its carbon fiber demand,” Toray says. “The construction...

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