04 April 2008 09:17 [Source: ICIS news]
TOKYO (ICIS news)--Toho Tenax, a wholly-owned subsidiary of chemicals firm Teijin, has started up a new 2,700 tonnes/year carbon fibre production line at its Mishima plant on Friday, the Japanese carbon fibre producer said in a statement.
The unit located in Shizuoka prefecture was one of the largest production lines of its kind and would increase Teijin’s carbon fibre capacity to 11,800 tonnes/year, it added.
With the capacity expansion, the company aimed to respond to an increase in demand for industrial applications as well as airplane manufacturing and the auto industry, Toho Tenax said.
Demand for this high performance fibre was growing at an annual rate of 15% and total global demand was estimated to exceed 40,000 tonnes in 2010, it added.
It was also planning to increase carbon fibre capacity at its 1,700 tonnes/year wholly-owned subsidiary in Oberbruch, Germany at a cost of €51m ($79.6m) and expected to begin commercial production with the increased capacity by August 2009, it said.
This capacity increase would raise the firm's total carbon fibre production capacity to 13,500 tonnes/year, the company added.
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