Tokyo, Japan, October 4, 2023
Toray Industries, Inc., announced today that it has decided to expand French subsidiary Toray Carbon Fibers Europe S.A.’s production facilities for regular tow* medium- and high-modulus carbon fibers. This move will increase annual capacity at the Abidos plant (South-West France) from 5,000 metric tons annually, to 6,000 metric tons. Production is expected to start in 2025.
Demand for medium- and high-modulus carbon fibers is rising in Europe, driven by a push to move towards a net-zero society. This growth is mainly due to higher build rates for commercial aircrafts (secondary structures and engines), as well as centrifuge for energy production, satellites, and high-end automobiles. By boosting carbon fiber production capacity in Europe, Toray is responding to its customers’ demand for medium and high-modulus carbon fibers, as befits the market leader.
Toray has made sustainable growth pivotal to Project AP-G 2025, its medium-term management program. Accordingly, the company has developed solutions to tackle climate change with its carbon fiber composite materials. Toray will fully leverage its resources to help achieve a carbon-neutral economy by 2050, in keeping with its corporate philosophy of contributing to society by creating new value.
*Regular tow fibers are carbon fibers with up to 24,000 filaments, serving in fields requiring exceptional performance and quality, including aircraft and pressure vessels.
Profile of Toray Carbon Fibers Europe S.A.
(1) Business: Manufacturing and selling carbon fibers and composite pultruded products (rods and laminates)
(2) Head office: Lacq, (South-West France)
(3) Established: December 1982
(4) Representative: Jean-Marc Guilhempey, Chairman and CEO
Toray is a leading global company in innovative technologies and advanced materials. Since its foundation in 1926, the Company has contributed to society through the creation of new value and addressed global challenges by delivering high value-added products including fibers and textiles, resins and films, and carbon fiber composite materials. It operates in 29 countries and regions with about 49,000 employees worldwide.
For more information, please visit our website at www.toray.com.