Toho Tenax (Tokyo), the carbon fiber and composites business of Teijin Group (Tokyo), has agreed to collaborate with India's Hindoostan Technical Fabrics to develop and market carbon fiber products for composites in India. Hindoostan Technical Fabrics is a unit of Hindoostan Mills, Ltd. and part of the Thackersey Group.
Hindoostan Technical Fabrics manufactures carbon and aramid fiber-based performance fabrics.
"The collaboration between Hindoostan Technical Fabrics, with its advanced textile technology and strong presence in the Indian market, and Toho Tenax, the world's second largest carbon fiber maker with a proven track record in the global carbon fiber composite market, will enable us to quickly secure a stronger market position in India," says Norio Kamei, president of Toho Tenax and head of the Teijin Group's carbon fibers and composites business. "We aim to establish TENAX textile as a mainstream product in the fast-growing Indian composite market."
"We believe that India's carbon fiber composite industry is in its infancy and has substantial growth potential. Our collaboration with Toho Tenax, an industry leader in carbon fiber technology, will play a pivotal role in providing users with high quality, customized and competitive carbon fiber fabrics with reliable supply and strong application support," says Sudhir Thackersey, Chairman of Hindoostan Technical Fabrics Ltd. "Our goal is to use our expertise and experience to continuously develop innovative textile solutions in the field of high performance composites." Hindoostan Technical Fabrics currently has capacity for about 40-50 tonnes of carbon and aramid fabrics per year. By the end of 2012 this capacity will rise to approximately 100 tonnes/yr. —[email protected]