Toray backs US shale gas boom


Japanese chemical maker Toray is planning to build a new carbon fibre and advanced materials production site in South Carolina, US. The company will invest ¥100 billion (£585 million) over the next seven years to take advantage of cheap feedstocks and energy from the US shale gas boom.

The new integrated plant will produce both raw carbon fibre products and fibre-reinforced resin composite materials for the aerospace and energy-related industries.


Related Content

Booms and bust-ups

9 January 2015 Business

news image

Chemicals industry roundup 2014

High hopes for shale

31 March 2012 Premium contentFeature

news image

Shale gas has given the US petrochemicals industry a much needed boost - will it do the same for the rest of the world?

Most Commented

Electric choc treatment promises lower fat chocolate

22 June 2016 Research

news image

Problem of reduced fat chocolate gumming up factories’ pipelines overcome

Behind closed doors: How to win the Nobel prize

7 October 2015 Comments

news image

Bengt Norden addresses the myths and rumours surrounding the world's most prestigious science prize