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Recently, TISCO has held high-end carbon fiber project foundation-laying ceremony in Taiyuan Yangqu County Industrial Transformation and Development Park.
This project is an important step of the cooperation between China Academy of Sciences Institute of Coal Chemistry and Taiyuan Iron & Steel Co., Ltd (TISCO). The strength combination of the two parties will enhance TISCO’s industrial transformation from steel manufacturing to new materials processing.
Institute of Coal Chemistry has begun the carbon fiber research and development since the 60s last century and accumulated valuable experience. TISCO will work with the Institute to build this project a domestic and international first-class high-end carbon fiber research, development, and production base. This project will eventually become a high-end T800 grade carbon fiber sample project in technology, industry cooperation and team development.
"12th 5 year" period is the important strategic opportunity period for TISCO to speed up development leap forward transition. TISCO will base on its iron and steel advantages to march forward from iron and steel manufacturing to material manufacturing to form a multiple collaborative business pattern.
The project has a high technical starting point, strong innovation leading role, and the obvious product competitive advantages with broad market prospect. TISCO project manager will closely work with Institute of Coal Chemistry research team to speed up the project construction and ensure a quality project completion in time.
Carbon fiber is an internationally recognized second generation composites key material. It has an important strategic significance to the economy and the people's livelihood. It is currently one of the most promising materials in the international new materials development field. It has been widely used in aviation, aerospace and other high-end areas, and has been designated as a key direction in China national "new material industry 12th Five-Year development planning".
TISCO high-end carbon fiber phase one project has an investment of $74 millions USD (600 million Yuan), and is expected to complete in October 2013. After the project completion an annual 30 tons production capacity will be formed, in which T800 carbon fiber capacity will be 25 tons and M55J graphite fiber capacity will be 5 tons. The annual output value will reach more than $25 millions USD (200 million Yuan).
The phase two will invest $173 millions USD (1.4 billion Yuan) to build an annual output 500 tons carbon fiber and high-end carbon fiber composite materials production lines. The second phase project is expected to be completed in 2016 with an expected annual added production value of $308 million USD (2.5 billion Yuan). By 2016, TISCO carbon fiber project will form a complete carbon fiber industrial chain from the basic raw materials, to composite materials, and to the final product components in Taiyuan city.
Moire information:www.tisco.com.cnOriginal language chinese