THAILAND: Toray to increase production capacity of nylon fiber

Toray will raise the production capacity of Nylon 66 fiber for automobile airbag application at the Ayutthaya Plant of its subsidiary Thai Toray Synthetics Co., Ltd. (TTS) by building an additional production facility.

The capacity of the new facility will be about 7,000 tons and it is expected to start operations in January 2015. Once the capacity is increased, TTS's capacity to produce Nylon 66 fiber will rise by about 40% to 23,000 tons a year.

Global demand for airbag fabrics is expected to grow at an annual rate of about 7% or more by 2020, along with the growth in four-wheeled vehicle production and rise in ratio of vehicles equipped with airbag in emerging markets led by Asian countries. Toray's move to increase the production capacity of the nylon fiber is aimed at catering to this vigorous expansion of the global airbag demand.

Source: Toray website, 16 Apr 2013

(Syed Rashid Ali, Karachi, Pakistan)