Toray Industries of Japan will enhance its production capacity of PPS materials. The company will add new production equipment at its sub factory in Nagoya. It is expected to be put into use in the second half of 2019. The production capacity is expected to increase by about 3,000 tons per year.
This month, the first Toray PPS composite material production base in Europe was put into use. As early as last August, Toray announced that it will build a new production PPS (polyphenylene sulfide) at its Hungarian production base. (Ether) complex plant. According to the company, the production base is the world's largest supplier of large tow carbon fiber, and will establish Toray's first resin compound production plant in Europe. At that time, the plant was expected to In early March next year, the official operation, the annual production capacity will reach 3,000 tons.
The company stated that the European PPS market is expanding rapidly and is increasingly used in automotive and industrial applications. Toray Industries is the world's largest supplier of PPS, including upstream raw materials, polymer manufacturing and resins, fibers, Sales of film products. In 2017, the company's market growth rate reached a level of between 7% and 8%. Achieved 2 consecutive increase, Toray Industries currently has 6 countries in Japan, China, Korea, the United States and Hungary. There are 8 manufacturing bases for PPS compounds in the country. The annual production capacity of PPS polymer products has reached 27,600 tons. The company's PPS material market share is expected to reach 30% in 2018, ranking first in the world.
PPS resin is a high-performance material that not only provides excellent chemical and mechanical properties in automotive power and power systems, but also is a natural flame retardant. Because European regulations on fuel use and emissions are more stringent, more and more Suppliers use PPS resin for automotive power systems and sensors.
