05 December 2017
05 December 2017
Teijin has announced that it will establish a new carbon fibre production facility in Greenwood, South Carolina, US, and Teijin Carbon Fibers (TCF), a wholly owned subsidiary.
TCF is expected to be incorporated this December and begin operating its new carbon fibre facility by the end of 2020.
In addition, Toho Tenax, the core company of Teijin’s carbon fibres business, has announced that it will expand capacity of a specialised polyacrylonitrile (PAN) precursor for carbon fibre in its Mishima Factory in Japan.
Total investment in the new US carbon fibre production facility and the Japanese precursor capacity expansion will amount to approximately US$320 million.
With these two developments, Teijin says it aims to strengthen its upstream-to-downstream carbon fibre business as well as accelerate global expansion through its hubs in Japan, the US and Europe. In particular, the company has been leveraging R&D to expand its carbon fibre business in the aerospace and automotive fields.
Continental Structural Plastics (CSP) will install a sheet moulding compound (SMC) production line at its facility in Pouance, France, to support the need for its composite formulations in Europe.
Solvay has celebrated the groundbreaking of its Greenville, Texas, US, manufacturing footprint expansion that increases the site’s resin mixing capacity to meet the growing needs of commercial and military aerospace composite customers.
Covestro is pushing ahead with developing and marketing its continuous fibre reinforced thermoplastic (CFRTP) composites by introducing Maezio as brand name.