ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Toray expands carbon fiber capacity in Mexico and Hungary

Company to boost production by 20% as demand for wind turbines surges

 Carbon fiber is increasingly used in turbine blades due to its strength and light weight.   © Reuters

TOKYO -- Toray Industries will spend up to 20 billion yen ($180 million) to bolster its carbon fiber production capacity by 20%, investing in plants in Hungary and Mexico to stay competitive in the growing field.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more