Composites World / NetComposites

Connecting you to the composites industry

Advertisement

NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.

On 1st January 2020, NetComposites' media assets including netcomposites.com, newsletters and conferences were transferred to Composites World (Gardner Business Media).

This site is no longer being updated. Please direct all enquiries to netcomposites@gardnerweb.com.

For further details see our joint press release.

Toho Tenax to Build New Carbon Fibre Line in Germany

  • Friday, 15th October 2004
  • 0 comments
  • Reading time: about 2 minutes

More in Aerospace

Solvay’s Xencor LFT Chosen for All-polymer E-bike

  • 22nd October 2019

Sigmatex Sigma Design Showcased

  • 21st October 2019

Alvant Recognised at BEEA Awards

  • 21st October 2019

Toho Tenax Co., Ltd., Japan, is to expand carbon fibre output at Tenax Fibers GmbH, its wholly owned German subsidiary, with a new production line investment of €38 million.

Tenax Fibers GmbH (Tenax), based in Wuppertal, currently has an annual production of 1,900 tons per annum. The new line will almost double output to 3,400 tons pa. Construction of the new line will start this month and commercial start-up scheduled for October 2006.

The company says that the market for carbon fibre has been improving since the middle of last year and is expected to continue growing 10% pa.

“”Especially in Europe, the aerospace application for Airbus and industrial application including wind energy generator are expanding its demand, which has exceeded the current production capacity of Tenax,”” said the company. The additional production line at Tenax is being built to meet this “”active”” demand.

When complete, the new line will raise Toho Tenax’s total carbon fibre production capacity to 9,100 tons pa. (7,800 tons of regular tow and 1,300 tons of large tow). Just over a month ago the company bought Fortafil Fibers, the US PAN carbon fibre business of Acordis.

The Japanese company has also announced that it has reached an agreement of settlement with the plaintiffs in a federal class action lawsuit for alleged price fixing of carbon fibre and carbon fibre prepreg for $7.75 million.

Toho Tenax has denied and continues to deny this allegation, but said that it believes that the costs of continuing defense outweigh the costs of settlement. The settlement is subject to court approval.


For more information visit:


Share this article


Categories


More News


Comments (0)

Leave your comment