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.
Web Industries has signed a letter of intent with East Forty to purchase 12 acres of land for a manufacturing plant in Marysville, Washington, north of Seattle, US.
Continental Structural Plastics (CSP), along with its parent company Teijin, were honoured by General Motors with the automakers Innovation Award at its 27th Annual Supplier of the Year awards ceremony held in Warren, Michigan, US.
Carboman Group (Carboman) announces that it is collaborating with Eviation Aircraft, on Eviation’s ‘Alice’ - an all-electric aircraft structure that will debut at the 53rd Paris Air Show in Le Bourget.