Arab Today, arab today japan\s toray to spend 555mn on production boost
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Japan\'s Toray to spend $555mn on production boost

Arab Today, arab today

Arab Today, arab today Japan\'s Toray to spend $555mn on production boost

Tokyo - AFP

Japan\'s Toray Industries said Friday it will invest more than half a billion dollars to boost synthetic materials production and meet soaring global demand for the stuff of next generation aircraft. Toray, which supplies the carbon fibre for Boeing\'s 787 Dreamliner aircraft, said it was spending $555 million at plants in Japan, the US, France and South Korea as part of a plan to increase worldwide production by around 50 percent. The company said the money would go toward ramping up annual production to 27,100 tonnes by March 2015. About 90 percent of the demand for carbon fibre comes from outside Japan, but the company said half of the investment will be domestic, using a government subsidy to promote job creation. Three hundred jobs will be created worldwide, with half of them in Japan, it said. The company said its bases in Japan were \"mother plants\" that would concentrate on producing advanced materials and act as the base for developing new technologies and new products. The investment in the United States will be aimed at meeting the demand from the expanding market for environmental and energy-related applications, including natural gas pressure vessels used in the extraction of shale gas, it said. \"Toray Group also plans to further expand the business for the Latin American market, mainly Brazil, where the market is expected to grow rapidly in the future,\" it said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s toray to spend 555mn on production boost Arab Today, arab today japan\s toray to spend 555mn on production boost

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s toray to spend 555mn on production boost Arab Today, arab today japan\s toray to spend 555mn on production boost

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Auto: أخبار السيارات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday