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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.

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