Japan's Toray opens film plant in Taiwan

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: February 15, 2013 2:32 pm ET
Updated: February 15, 2013 2:35 pm ET

Related to this story

Topics Computers & business machines, Extrusion, Film & Sheet

TOKYO -- Japan's Toray Advanced Film Co. Ltd. opened a new manufacturing plant for surface protection films in Taiwan in late January, to meet growing demand in the LCD television and display panel industry.

The facility in Kaohsiung, Taiwan, is the first outside of Japan for Toray to manufacture its Toretec brand of polyethylene-based film, which are used in manufacturing light guide plates and as plastic sheet, and is expected to steadily increase its production to 17,000 metric tons per year.

Taiwanese firms have the largest market share worldwide for making light guide plates, which are needed to produce LED-based liquid crystal displays, Tokyo-based Toray said.

"Demand for surface protection film is rapidly increasing across Asia led by demand in luminance improvement films and light guide plates," Toray said, adding that it " has been fully utilizing its production capacity against the backdrop of robust global demand, but further increase in capacity became imperative as supplies have not been keeping pace with demand."

Toray said it also chose to manufacture in Taiwan because of its reduced corporate tax rate, as well as the Economic Cooperation Framework Agreement the island has with mainland China, which it said will boost Taiwanese competitiveness.

The Taipei Times newspaper also quoted Taiwanese government officials as saying that Toray chose Taiwan because of its ability to protect intellectual property.

Toray is investing NT$2.4 billion (US$83 million) in the facility, which will be in the Southern Taiwan Science Park, the newspaper said. Toretec film is also used as a protective layer for plastic boards.


Comments

Japan's Toray opens film plant in Taiwan

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: February 15, 2013 2:32 pm ET
Updated: February 15, 2013 2:35 pm ET

Post Your Comments


Back to story


More stories

Image

Germany's BÖ-LA taking touch sensitive film further into the marketplace

October 28, 2014 12:27 pm ET

FRIEDRICHSHAFEN, GERMANY — A German producer of screen-printed decorative films for insert molding featured a new demonstration part at Fakuma...    More

Image

FTC warns bag makers to take care before making biodegradeability claims

October 23, 2014 12:30 pm ET

Makers of oxodegradable or oxo-biodegradable plastic bags should consider themselves on notice, according to the U.S. Federal Trade Commission.    More

Image

Geist Plastics changes name to Lincoln Plastics

October 23, 2014 12:31 pm ET

Custom profile extruder Geist Plastics Inc. is changing its name to Lincoln Plastics, the company announced Oct. 23.    More

Image

Report: SVP takes Klöckner Pentaplast off the market

October 21, 2014 4:19 pm ET

Plastic sheet leader Klöckner Pentaplast Group is no longer for sale, according to an Oct. 21 Reuters article.    More

Image

Wisconsin cast film maker buys Ohio blown film specialist

October 21, 2014 2:57 pm ET

A Midwest U.S. acquisition has created a company armed with two distinct film technologies: cast films and coextruded blown film constructions.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events