Company Insights
• In June 2018, Toray Industries acquired a plot measuring about 350,000 m2 in Andhra Pradesh,
India, for its local subsidiary Toray Industries (India) Private Limited.
• The company has decided to establish a new base for its polypropylene (PP) spunbond for
hygiene materials business, whose market is expected to expand along with the increasing
demand for disposable diapers.
• The new facility will have an annual production capacity of about 18,000 tons and is scheduled to
start operations in April 2020.
• The expansion will help cater to the growing demand from manufacturing industries such as
automotive, home electric appliances, chemicals, pharmaceuticals, and construction machinery.
• In May 2017, Borealis had planned to expand its presence by constructing a new compounding
plant in Northern California in North America. It is expected to produce 30 kilotons per annum of
Daplen and Fibremod PP compounds for the automotive industry by early 2019.
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