ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business

Toray to make biofuel feedstock from sugar cane in Thailand

Japanese company's tech can cut costs at planned processing plant

Toray Industries seeks expansion with its technologies for water treatment and air purification.

TOKYO -- Toray Industries looks to tap sugar cane waste in Thailand to produce raw materials for biofuel, a revenue source that fits with the company's expansion plans.

The Japanese synthetic fibers giant plans to spend 5 billion yen to 6 billion yen ($42.5 million to $51 million) on construction of one of the world's largest plants for processing bagasse, the fibrous remnant obtained from crushing sugar cane to extract juice for sugar production.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more