Toray Industries, has announced that it made a decision to embark on local production in Europe of Torayfan* (bi-axially oriented polypropylene (OPP) film) high-barrier metalized film. Toray will establish Toray Films Europe S.A.S., or TFE, in France in February 2008 and newly construct a film production facility (annual capacity of 20,000 tons) and metalizing facility (annual capacity of 22,000 tons). Toray plans to invest approximately 10 billion yen in this project and the facilities are expected to start operations from April 2010.
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