The company will begin mass production in 2013 in response to the rising demand for LCD TV.
TOKYO, JAPAN: Toray Advanced Film Co Ltd (TAF) announced it has decided to establish a company in Taiwan for the manufacture and sales of surface protection films. The new company, Toray Advanced Film Kaohsiung Co Ltd, will be set up in Kaohsiung in May 2011 and a plant to manufacture TAF’s self-adhesive surface protection film TORETEC will be also constructed. The new plant is expected to be operational by January 2013 and will steadily increase its output to 17,000 tons per year. This decision marks the first foray into the country by Toray group’s films division and for the first time TORETEC will be produced overseas.
In recent years, with LED gaining popularity as backlight for LCDs, the demand for surface protection film is rapidly increasing across Asia. It is also led by demand in luminance improvement films and light guide plates. Fully utilizing its production capacity, further increase in capacity became imperative as supplies have not been keeping pace with demand.
Additionally a major Taiwanese manufacturer of light guide plates, having the largest market share globlally, requested TAF to have a local manufacturing facility in Taiwan. Toray group is positioning the company to be established as a beachhead for film processing business in the growing market of Asia.
(C) WOC News