The JeonJu plant expansion will produce an additional 2,000 metric tons annually of carbon fiber resulting in a total production yearly capacity of 4,000 metric tons by the first half of 2020.
The new production line will produce high-performance PAN carbon fibers which provide some of the highest tensile strengths available in the market. This expansion will support growth in industrial markets such as CNG (compressed natural gas) pressure vessels & Hydrogen Fuel Tanks. Hyosung will also target aerospace markets by producing intermediate modulus and ultra-high strength carbon fibers developed for next-generation primary and secondary aerospace structures.
“The aerospace community and our industrial customers have wanted to see Hyosung carbon fiber capacity increased and this expansion will support their growth. Our customers have also requested the production of unsized carbon fibers which we have introduced to support their efforts in high temperature thermoplastic applications for aerospace and oil & gas.” Added Kwang Seok (Kenny) Han Vice President Carbon Fiber Division.
Hyosung developed the Tansome® brand of carbon fiber in 2007 and in 2013 they were the first to commercially produce PAN carbon fibers in South Korea. Since May 2013, Hyosung has manufactured carbon fibers at their JeonJu, South Korea Eco-friendly Industrial Complex.
“The adoption of TANSOME® fibers by our North American customers for critical high-performance industrial applications has been amazing. Our customers are impressed with our fiber quality, fiber processing, and fiber mechanical performance.” Stated Paul Kennedy Director of Sales and Marketing North America.
About Hyosung Advanced Materials Corporation (HAMC):
HAMC is one of four subsidiaries of Hyosung Holding Company based in Seoul, South Korea. HAMC is a specialty advance fiber manufacturer and holds the position of largest worldwide supplier of textile tire-cord, seatbelt yarns, and airbag fabrics. In addition, HAMC is recognized as a quality supplier of automotive carpeting, aramid fibers and carbon fibers. Hyosung has a global network in over 65 countries with over 19,000 employees supporting customers that require $13US billion/annually in goods and services.
Countries: South Korea