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Industry News
Boeing, Toray in talks to expand 787 supply agreement

News service Bloomberg reported on Nov. 20 that Boeing and Toray are in talks to expand a $6 billion contract to supply carbon fiber sheets for the 787 Dreamliner.

Author:
Posted on: 11/27/2007
Source: CompositesWorld

News service Bloomberg reported on Nov. 20 that The Boeing Co. (Seattle, Wash.) is in talks with Japan’s Toray Industries Inc. to expand a $6 billion contract to supply carbon fiber sheets for the 787 Dreamliner.

According to the report, Toray may increase production of carbon fiber-reinforced plastic sheets enough to build as many as 14 787s a month in 2010, more than the 10 units scheduled under a current contract, Toray CEO Sadayuki Sakakibara said.

“Demand for the plane is growing at a faster-than-expected pace,” said Sakakibara, according to the report, who met with a Boeing executive visiting Japan on Nov. 5. “We’re looking to accelerate our current plan to expand capacity.”

As reported here previously, Toray plans to expand annual carbon fiber production capacity by 70 percent to 24,000 tons by 2010. The Tokyo-based company is spending ¥55 billion ($497 million) to expand factories in Japan, the U.S. and France and is building a plant in western Japan to make reinforced plastic by early 2009.

Information: Click here for Bloomberg article.

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