Photo = Toray Advanced Materials

 

[Alpha Biz= Reporter Kim Minyoung] The Toray Group will invest 500 billion KRW in the Gumi National Industrial Complex by 2025 to produce a variety of high-value-added materials, including carbon fiber.

On the 22nd, Toray and Toray Advanced Materials signed a memorandum of understanding (MOU) with the Ministry of Trade, Industry, and Energy, Gyeongsangbuk-do, and Gumi City at the Conrad Hotel in Seoul. The MOU pertains to investment in new growth areas such as high-performance carbon fibers, aramid fibers, and eco-friendly materials.

Toray Advanced Materials decided last year to expand the capacity of its Gumi Plant 4 with the addition of a third carbon fiber production line, capable of producing 3,300 tons annually. The construction is currently underway with the goal of starting operations in the second half of next year. Once the expansion is completed, the company will have a production capacity of 8,000 tons per year.

Leveraging its accumulated carbon fiber technology, Toray Advanced Materials plans to drive the growth of the carbon fiber composite materials industry both domestically and internationally. This includes applications in aerospace, high-pressure vessels, and wind power generation. The company also aims to foster collaborative growth by closely cooperating with upstream and downstream industries.

 

 

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