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Carbon fiber application demand expansion

 The application of carbon fiber, manufacturing, and wind power from the car to the used in aerospace industry.It is estimated that the carbon fiber market scale will reach $2020 in 3.5 billion, a few for the current two times.Therefore, the global leading carbon fiber factory Toray (Toray) announced to invest 100 billion yen, 2020 in the United States plans to build a new high performance carbon fiber production line, initial capacity of 2000 tons.
 
Don't let layout behind the global trend, the weft (4733), Formosa plastics (1301) is a joint venture of carbon fiber presoak cloth, parts such as composite materials plant will be completed and put into production this year, the cut is expected to raise carbon fiber application requirements, continuation of niche energy;On the initial capacity of 1.26 million square meters, Formosa plastics, weft owns 18% and 18%.
 
On weft wind resin of revenue up to 7 last year, wind power blades resin permeability to 45% of the mainland, revenue increased 61.63% last year, since the knot pre-tax earnings per share 15.98 yuan.Merge the knot and tax 39.04 million yuan in January, pre-tax earnings per share 0.45 yuan.
 
Wind resin on weft dynamic performance this year in addition to the newly international customers and mainland smoke desulphurization business, joint venture with Formosa carbon fiber plant is expected in the second half of the year.
 
According to the weft, Formosa planning, the joint venture company located in yancheng city, jiangsu province, will with thermoplastic type carbon fiber material, carbon fiber, wind power and lightweight vehicle carbon fiber materials products;Formosa plastics carbon fiber raw material, the new company will take in the future and weft on wind power of the head of the leading alliance with China, is also advantageous to develop carbon fiber multiple application opportunities.

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