# Toyobo and Indorama Ventures to build airbag yarn plant in Rayong, Thailand

Toyobo and Indorama Polyester Industries (IPI) will establish a 50/50 joint venture, Toyobo Indorama Advanced Fibers, to build a new plant for automobile airbag yarns at the IPI factory site in Rayong Province, Thailand. Operations are expected to start in Q1 2022.

- Type: New facility
- Announced: 2020-10-26
- Where: Rayong Province, Thailand
- Starts operating: Q1 2022
- Status: announced
- Products: PA66 airbag yarns
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md) (partner)
- [Toyobo](https://endata.com/companies/7774.md) (partner)
- [Indorama Polyester Industries](https://endata.com/companies/50741.md) (partner)

## Sources

- [toyobo-global.com](https://www.toyobo-global.com/news/2020/release_131.html), 2020-10-26: "The joint company plans to build a new plant on the IPI factory site in Rayong Province, Thailand, and start operations in 1st Quarter of 2022."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.