AKSA adds second carbon fiber production line

Turkey-based AKSA is increasing its current carbon fiber line to 1,800 metric tonnes, and adding a second line of 1,700 metric tonnes.

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Carbon fiber manufacturer AKSA Akrilik Kimya Sanayii A.Ş. (Istanbul, Turkey) announced on Dec. 17 that it is spending $65 million to build a second carbon fiber production line with nominal capacity of 1,700 metric tonnes per year, to be commissioned by July 2012.

In addition, AKSA will spend $7 million to increase capacity of its existing carbon fiber production line by 300 metric tonnes per year to 1,800 metric tonnes. AKSA, the world’s largest producer of acrylic, a key part of precursor for carbon fiber, manufactures 3k to 24k tow standard modulus carbon fiber, primarily for the industrial market. AKSA reports that its goal is to achieve 10 percent market share in carbon fiber by 2020.

Mustafa Yılmaz, member of the Board of Directors and general manager of AKSA, says, “Our Board of Directors decided to increase its investments in field of carbon fiber, which, we believe, would be one of strategic industries [for] our country, thanks to its high value-added."

AKSA is represented in the Americas by DeLong and Associates LLC (www.aksacausa.com).