Toray Advanced Materials Begins Construction of Carbon Fiber Plant No. 3 in Gumi

Operation in 2025

‘Toray Advanced Materials’ will hold a groundbreaking ceremony for its third carbon fiber factory at the Gumi 4 Plant located in the Gumi National Industrial Complex 4 in Gyeongbuk on the 23rd.

About 200 people will attend the ceremony, including Lee Cheol-woo, Governor of Gyeongbuk Province; Akihiro Nikkaku, Chairman of Toray; Mitsuo Ooya, President; Yang Byung-nae, Deputy Minister for Trade of the Ministry of Trade, Industry and Energy; Kim Jang-ho, Mayor of Gumi; and executives and employees of Toray Advanced Materials.

Toray Advanced Materials plans to expand its factory at the Gumi 4 Plant to produce ultra-high-performance carbon fibers applied in advanced industries such as high-pressure hydrogen pressure vessels and urban air mobility, aiming for operation in the second half of 2025.

Gyeongbuk Provincial Government Office.

The third factory line is an upgraded line compared to the existing first and second lines, and with this expansion, the Gumi Plant will secure a total production capacity of 8,000 tons.

In particular, the carbon fibers produced on this expanded line incorporate advanced new technologies and are expected to be used as key core materials in the expanding eco-friendly hydrogen vehicle and renewable energy markets, establishing a supply system for core parts of eco-friendly vehicles and being widely utilized in advanced industries. It is also expected to contribute to the development of the domestic hydrogen vehicle industry and future automobile development industries.

Currently, Toray Advanced Materials leads the development of the domestic and international carbon fiber industries and the concurrent growth of upstream and downstream industries based on an annual carbon fiber supply capacity of 4,700 tons.

In addition to carbon fiber, it is a leading foreign-invested company in Korea producing polyester films, IT films, water treatment filters, spunbond nonwovens, cotton and yarn, and aramid fibers. It operates five factories (with about 1,800 employees) in the Gumi Industrial Complex alone, significantly contributing to local employment creation.

Lee Cheol-woo, Governor of Gyeongbuk Province, said, “I congratulate the groundbreaking ceremony for the expansion of the third carbon fiber factory of Toray Advanced Materials, which has trusted and coexisted with our region for a long time. We will actively support the advanced carbon fiber business, a future growth industry, so that it can continue to grow in domestic and global markets.”

This content was produced with the assistance of AI translation services.