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South Korea

Taekwang Industrial to Produce Carbon Fiber

According to Yonhap News Agency, Taekwang Industrial Co., a South Korean chemical fiber company, will begin commercial production of carbon fiber starting in March 2012 for the first time in South Korea.
The company developed the polyacrylonitrile-based carbon fiber in 2009 and has commenced construction for the high-end material in the Ulsan industrial complex on the southeastern coast of the country. The plant will start commercial operation in March 2012 with an annual capacity of 1500 t of carbon fibers and 3000 t of precursors, the key basic building material for PAN-based carbon fiber, said Taekwang Industrial. Taekwang Industrial has injected USD 129,4 million into the development and the plant (1/2012).
 

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