Toray to Boost Large-Tow Carbon Fiber Production

 Toray Industries, Inc., announced that U.S. subsidiary Zoltek Companies, Inc., will bolster its large-tow carbon fiber (with more than 40,000 filaments) production capacity in 2023. The upgrade will cost around USD$130 million (around ¥14 billion). A Zoltek facility in Jalisco, Mexico, will lift its annual capacity around 54%, to more than 20,000 tons, boosting the combined annual capacity of that company’s Mexican and Hungarian operations to about 35,000 metric tons.

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Toyobo is announcing the price increase of yarns and fabrics for automobile airbags as follows.

 The demand for Nylon 66, a main material for yarns and fabrics for automobile airbags, is on the rise as materials for industrial fibers and automobile parts. But since many plants that manufacture Nylon 66 resin and its raw materials had shut down due to severe winter weather in North America in February 2021, Nylon 66 has been considerably in short supply. In addition, the raw material price of Nylon 66 has soared to the highest price range due to hikes in current crude oil and natural gas prices.

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