# Toray invests over $100M in aramid fiber and polyester film expansion in Gumi

Toray held a groundbreaking ceremony for an expansion of aramid fiber and polyester film production facilities at its Gumi 5 plant in South Korea, with an investment of over $100 million. The aramid fiber line (Unit 2) will have an annual capacity of 3,000 tons, targeting operation in mid-2025. The IT film line will have an annual capacity of 300 million square meters, with completion in H2 2026.

- Type: Expansion
- Announced: 2024-10-23
- Where: Gumi, Gyeongsangbuk-do, South Korea
- Value: $100.0M
- Starts operating: Q3 2025
- Status: under construction
- Capacity: aramid fiber: 3,000 tons per year; IT film: 300 million square meters per year
- Products: meta-aramid fiber, polyester film for MLCC
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Toray](https://endata.com/companies/29633.md)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20241022129651003), 2024-10-23: "도레이는 1억달러 이상을 투자해 아라미드 섬유 및 폴리에스터 필름 생산 설비 증설에 본격 착수한다."

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