26.10.2023 • NewsTorayKoreaSGL Carbon

Toray Advanced Materials Break Ground on New Carbon Fiber Facility

Toray Advanced Materials Korea Inc. (TAK), the South Korean subsidiary of Japanese chemical giant Toray Group, broke ground on its new facility for carbon fiber production in Gumi, Korea.

Carbon fiber is used to make various products like high-pressure vessels for hydrogen, aircraft parts, racing car bodies, and golf club shafts. The new facility, which is TAK’s third unit for carbon fiber production, will increase the annual manufacturing capacity in Korea by 3,300 tons to 8,000 tons.

TAK produces special materials like films for industrial applications, carbon fibers, water treatment filters, and resin chemicals. It began operating the first unit of carbon fiber production in 2013. Established in 1972, TAK has invested more than $1 billion in manufacturing materials like engineering plastics, wallpapers, and car dash pads.

"TAK will create values with world-class technologies and qualities, while closely cooperating with partners and contributing to local economic revitalization", said CEO Jeon.

Toray Advanced Materials Korea breaks ground on the third unit of carbon fiber...
Toray Advanced Materials Korea breaks ground on the third unit of carbon fiber production in Gumi. © Toray

Company

Logo:

Toray Industries, Inc.

1-1, Nihonbashi-Muromachi 2-chome
Tokyo
Japan

Company contact







Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Virtual Event

Digitalization in the Chemical Industry
CHEManager Spotlight

Digitalization in the Chemical Industry

Save the Date: October 22, 2025
The event will be promoted to a combined audience of over 100,000 professionals across Europe through the CHEManager and CITplus networks.

most read

Photo
13.03.2025 • News

Roche and Zealand Pharma Collaborate on Weight Management Drug

Swiss pharma heavyweight Roche announced has entered into an exclusive collaboration and licensing agreement with Denmark’s Zealand Pharma. Under the terms of this agreement, the two companies will collaborate to co-develop and co-commercialize petrelintide, Zealand Pharma’s amylin analog as a standalone therapy as well as a fixed-dose combination with Roche’s lead incretin asset CT-388.

Photo
28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.