Toray Industries is to construct a new PPS (polyphenylene sulfide) compound production facility at the Hungarian site of its US subsidiary Zoltek Companies, Inc., the Tokyo-based company has announced.
The site, which according to Toray is the world's largest supplier of large tow carbon fibres, will house Toray's first resin compound production facility in Europe.
The 3,000-tonne per annum plant is expected to start operations in March 2018.
Used in automotive electrical and powertrain compounds, PPS resins are high performance materials, offering excellent heat and chemical resistance and good mechanical properties. In addition, they are inherently flame retardant.
According to Toray, in Europe, where strict regulations regarding fuel usage and emissions are in place, suppliers are increasingly using PPS resins in automotive powertrain and sensor applications.
The PPS market in Europe, the company added, has been rapidly expanding, with the material increasingly finding application in the automotive industrys, as well as in a growing number of industrial applications.
Toray is the largest integrated PPS supplier including the manufacture of upstream raw materials and polymer and the sale of resin, fibre and film products in the world.
The company has an annual PPS polymer production capacity of 27,600 tonnes, including the production facility in Gunsan, South Korea, which came on stream in 20 and the facility in Tokai, Japan.
In 2015, Toray established Toray Resins Europe GmbH, “TREU”, a marketing and sales company located in Frankfurt, Germany with the purpose of promoting and selling Toray resin products in Europe.
With the establishment of European PPS compound production at Zoltek's Hungary site, Toray will have eight PPS compound manufacturing locations in six countries: Japan, China, South Korea, Thailand, the US and Hungary.