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Mitsubishi Rayon announces plans to double carbon fiber capacity at its U.S. plant in California:
AKC Note: The carbon fiber industry in the U.S. is on a significant growth spurt. In addition to this Mitsubishi increase of 2,000 tons per year, SGL announced a 2 stage tripling of capacity at its Moses Lake, WA j/v plant with BMW bringing capacity up from 3,000 tons to 9,000 tons in 2 phases. Cytec announced that the doubling of its carbon fiber plant in Greenville, SC will be in commercial operation in early 2016. Toray announced a $1 billion long term investment in a new carbon fiber (and possibly precursor) plant in Spartanburg in February 2014. All these announcements in the last 5 months.
I hope you all have a good and safe July 4th. Regards
Alasdair Carmichael
Carmichael International
PO Box 3444
Spartanburg, SC 29304
T: 864 583 6868
C: 864 542 4481
News Update is a service of Carmichael International designed to provide relevant up to date information on the textile markets. We aim to provide links to information and some commentary which is provided in good faith as to its accuracy. Carmichael International however disclaims any and all liability and responsibility for information supplied and any decisions that may be made on the information.
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