Japan's Toray Industries, Inc. is to commence production in Europe of Torayfan* (bi-axially oriented polypropylene (OPP)) high-barrier metallized film. The new company-Toray Films Europe S.A.S., (TFE) will be established in France this month, with 20,000 tpa of film production facility and 22,000 tpa of metalizing facility at an investment of 10 billion yen, Production is estimated to commence in April 2010. Annual growth in European market for high-barrier film is projected to exceed 10%.
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