Tuesday, December 13, 2011

Impact of Thai Floods on Toray’s Operations

Toray Industries Inc. announced the latest situation regarding the impact of the large-scale floods in Thailand on Toray Group’s operations, the details of which are described below.

Damage Status
Ayutthaya Plant of Thai Toray Synthetics Co., Ltd. (TTS), which halted operations on the evening of October 6, began its restoration works on November 28 and is expected to restart from the end of March 2012.

TTS’s Bangkok Plant, which also halted operations on October 26 as areas near the plant got inundated (no flooding in the plant), began its restoration works on November 17 and has resumed production on December 1.

The plants of Thai Toray Textile Mills (TTTM) and TTS in Nakhon Pathom, wihch also suspended their operations for a similar reason by November 1 (partially flooded), have resumed production at TTTM on November 21 and TTS on December 4.

There has been no material or personnel damage due to the floods at Toray group companies or plants other than at Ayutthaya Plant and Nakhon Pathom Plant of TTS.

All the employees on dispatch from Toray to Thailand who had temporarily returned to Japan are back in Thailand by November 17.

Their families are also in the process of returning.

Impact on Fiber Product (Yarns) Supply
Toray has been earnestly responding to the impact on fiber product (yarn) supply following the closedown of the above plants by increasing production at group companies and replacing the products with other types of products. At the same time, the company expects only a minimal impact on supply in the Japanese market, partly because of the small volume of yarn exports from TTS to the Japanese market.

Read entire post Impact of Thai Floods on Toray’s Operations @ Fibre2fashion

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