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.
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