Toray Advanced Materials Korea (CEO Jeon Hae-sang) plans to expand production facilities for carbon fiber (Brand Name : TORAYCA) with an annual capacity of 3,300 tons at the Gumi Plant 4 located in Gumi, Gyeongsangbuk-do, with the goal of starting operation in the second half of 2025.

By securing an annual production capacity of 8,000 tons through this expansion, Toray Advanced Materials Korea will respond to the rapidly growing carbon fiber market and solidify its position as a top-notch carbon fiber maker.

In particular, the carbon fiber produced in this line has an intensive technology, contributing to the establishment of a hydrogen ecosystem by leading the high-pressure pressure vessel market, which is expected to grow at an average annual rate of 30% by 2030, as well as UAM (Urban Air Mobility, which is expected to be widely used in high-tech industries such as air transportation), aerospace, and wind power generation.

In addition, it plans to contribute to the revitalization of the Gyeong-buk Carbon Industry cluster by strengthening the cooperation system with the front and rear industries, and create newly added value in related industries through joint research with leading customers.

Toray Advanced Materials Korea(TAK) entered the pre-preg business, an intermediate material for carbon fiber in 2021, expanded its supply chain, and strengthened its global competitiveness in the field of carbon fiber composite materials,an eco-friendly lightweight material.

Toray Group, the global No. 1 in carbon fiber, is recognized as the typical standard in the global carbon fiber market, and through this expansion, it will further strengthen its overwhelming position by establishing a supply system with an annual capacity of 70,000 tons.

Meanwhile, Toray Advanced Materials Korea(TAK) is strengthening ESG management by expanding its business into the field of eco-friendly high-tech materials through active investments and M&As, including not only carbon fiber facility expansion this year, but also super engineering plastic facility expansion, water treatment O&M and secondary battery separator business entry.