High-end carbon fiber project started construction in Yangqu County, Taiyuan

China Drying Network News The Taiyuan Iron and Steel (Group) Co., Ltd. and the Chinese Coal Science and Technology Institute of Shanxi Coal High-tech Carbon Fiber Project started construction in Yangqu County, Taiyuan City. According to reports, TISCO's high-end carbon fiber project will invest 600 million yuan in the first phase, and it is planned to be completed in October 2013, resulting in an annual production capacity of 30 tons, of which 25 tons of T800 carbon fiber and 5 tons of M55J graphite fiber, and the annual output value will exceed 200 million. Yuan, profits and taxes are 20 million yuan. In the second phase, the company will invest 1.4 billion yuan to build an annual output of 500 tons of carbon fiber production lines and high-end carbon fiber composite materials projects. It is expected to be completed in 2016, and the annual output value will increase by 2.5 billion yuan and the annual profits and taxes will exceed 500 million yuan.