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

Toyobo Co. Ltd. agreed to set up a joint venture with Indorama Polyester Industries PCL to build a new plant for nylon 6,6 airbag yarns on the IPI factory site in Rayong Province, Thailand, with operations starting in Q1 2022.

- Type: New facility
- Announced: 2020-10-26
- Where: Rayong Province, Thailand, Thailand
- Starts operating: Q1 2022
- Status: announced
- Products: nylon 6,6 airbag yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Toyobo](https://endata.com/companies/7774.md) (partner)
- [Indorama Ventures PCL](https://endata.com/companies/20948.md) (investor)
- [Indorama Polyester Industries PCL](https://endata.com/companies/50766.md) (partner)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/fiber-world/2020/10/toyobo-to-establish-joint-venture-with-indorama-ventures-to-build-new-plant-for-automobile-airbag-yarns/), 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 first 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.