Teijin’s New Carbon Fiber Facility in the U.S.

December 04 2017

Teijin Limited will establish a new carbon-fiber production facility in the U.S. city of Greenwood, South Carolina, and Teijin Carbon Fibers, Inc. (TCF), a wholly owned subsidiary. TCF is expected to be incorporated this December and begin operating its new carbon-fiber production facility by the end of FY 2020.

Also, Toho Tenax Co., Ltd., the core company of Teijin’s carbon fibers business, will expand the capacity of a specialized polyacrylonitrile (PAN) precursor for carbon fiber in its Mishima Factory.

Based on these two developments, the Teijin Group aims to strengthen its upstream-to-downstream carbon fiber business as well as accelerate global expansion through its trilateral hubs in Japan, U.S. and Europe. Total investments of new carbon fiber production facility in the U.S. and precursor capacity expansion in Japan will amount to JPY 35 billion, or approximately USD 320 million.

For identifying growth opportunities in the global Carbon Fiber Market, please visit
http://www.lucintel.com/carbon_fiber_market_2021.aspx

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