Toray places B17bn bet on carbon fibre | Bangkok Post: auto

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Toray places B17bn bet on carbon fibre

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Japan's Toray Industries, the integrated chemicals group, is spending 17 billion baht in Thailand to double sales revenue here by 2020. 

Mr Nikkaku (left) and Mr Yasuo show the Teewave, a next-generation electric car that uses Toray’s advanced materials and technology, as part of Toray Thailand’s 50th anniversary party at Plaza Athe´ne´e Bangkok yesterday. PAWAT LAOPAISARNTAKSIN

President Akihiro Nikkaku said the investment is aimed at increasing the sales contribution of the group's carbon fibre, water treatment and pharmaceutical businesses to 20%, while holding fibres and plastics at 55% and 20% respectively.

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