A report in the excellent Nikkei Asian Business Review covers the growth in capacities of airbag fabric at Toyobo globally:  Read the press release here.

 

AKC Note: In the USA Toyobo has an airbag weaving joint venture with PHP at the Scottsboro, AL plant site and according to the report weaving capacity is being doubled at this location as well as other global locations. The relationship between Toyobo and PHP becomes closer with Toyobo also announcing a new weaving plant to be built at the PHP site in Germany under a joint investment. The airbag market continues to grow and with the Takata recall troubles it seems that both Toyobo and Toray (in Mexico) are positioning themselves for growth in market share.

Alasdair Carmichael
Carmichael International
PO Box 3444
Spartanburg
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