Zoltek Companies

Zoltek Companies Inc., a subsidiary of Toray Industries, announced a $130 million capacity expansion at its large-tow carbon fiber facility in Jalisco, Mexico. The expansion will increase capacity by approximately 54% to over 20,000 tons per year, with completion expected in 2023.

Toray Industries announced that its subsidiary Zoltek will invest $130 million to expand large-tow carbon fiber capacity at a facility in Jalisco, Mexico, by about 54% to over 20,000 tons per year, with combined capacity in Mexico and Hungary reaching about 35,000 tons.

Toray Industries will increase large tow carbon fiber production capacity at Zoltek's Hungarian facility by 50% from 10,000 to 15,000 tons annually, with an investment exceeding $130 million. Production will start in early 2020.

Toray Industries, through its U.S. subsidiary Zoltek Companies, will build a new carbonization facility for mass production at its Mexican plant in El Salto, Jalisco. The facility is expected to start production at the end of 2018. Investment is speculated to be over US$100 million.

Zoltek Companies is starting a large-scale capacity expansion of carbon fibre production at its Mexico facility, effectively doubling capacity to more than 10,000 tons per year. The expansion will grow Zoltek's total global capacity to more than 20,000 tons per year.