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Toray Industries, Inc. (東レ株式会社,Tōre Kabushiki-gaisha) is a multinational corporation headquartered in Japan that specializes in industrial products centered on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry.

Toray Industries, Inc.
Nihonbashi Mitsui Tower, headquarters of Toray, in Chūō, Tokyo
Native name
東レ株式会社
Tōre Kabushiki-gaisha
TypePublic (K.K)
TYO: 3402
TOPIX 100 Component
Nikkei 225 Component
IndustryChemicals
Textiles
FoundedJanuary 1926; 96 years ago (1926-01)
Headquarters5F, Nihonbashi Mitsui Tower 2-1-1, Nihonbashi-Muromachi, Chuo-ku, Tokyo 103-8666, Japan
Area served
Worldwide
Key people
Sadayuki Sakakibara, chairman
Akihiro Nikkaku, president
Products
Revenue $ 17.86 billion (FY 2014) (¥ 1,837 billion) (FY 2014)
$ 579 million (FY 2014) (¥ 59.6 billion) (FY 2014)
OwnerThe Master Trust Bank of Japan (7.90%)
Japan Trustee Services Bank (6.43%)
Nippon Life (4.45%)
Mitsui Fudosan (1.19%)
Mitsubishi Heavy Industry (0.51%)
Number of employees
45,881 (consolidated, as of March 31, 2014)
WebsiteOfficial website
Footnotes / references

Its founding business areas were fibers and textiles, as well as plastics and chemicals. The company has also diversified into areas such as pharmaceuticals, biotechnology and R&D, medical products, reverse osmosis bigmembranes, electronics, IT-products, housing and engineering, as well as advanced composite materials.

The company is listed on the first section of Tokyo Stock Exchange and is a constituent of the TOPIX 100 and Nikkei 225 stock market indices.

Contents

Toray Industries had been originally established as Toyo Rayon in 1926 by Mitsui Bussan, one of the two largest Japanese trading companies (sogo shosha) of the time (the other being Mitsubishi Shoji). The fact that Mitsui did not allow the company to be named as a Mitsui company indicates their skepticism of the risk on the business. Risk arose from the fact that, when it was established, the company did not have the right technology to produce Rayon. It had approached Courtaulds and then Du Pont to buy the technology but, because the price was too high, it decided to buy equipment from a German engineering company and hire about twenty foreign engineers to start the operation.

When Nylon was invented in 1935 by Wallace Carothers of DuPont, Toray immediately got hold of a sample product through the New York City branch of Mitsui Bussan, and started research by dissolving this sample in sulfuric acid. Because of the patent protection, the company had to make its own effort to synthesize polyamide and make fibre out of it. In 1941, just three years after Du Pont's announcement of nylon, Toray completed the basic research on nylon and started building a small plant to produce Nylon 6. The operation started in 1943 and the product was sold, mainly to make fishing nets.

In 1946, following the end of World War II, Du Pont requested an investigation by GHQ (the General Headquarters of Allied Powers) of Toray's infringement of Du Pont's nylon patents but GHQ found no evidence of infringement, certifying that Toray's nylon technology was its own.

Toray is currently the world's largest producer of carbon fiber, and Japan's largest producer of synthetic fiber. Its carbon fiber is extensively used in exterior components of the Boeing 787 airliner.

In 2014, as a major aerospace composites supplier, Toray opened a polyacrylonitrile (PAN), the carbon fiber precursor, production line in Lacq, south-western France.

In 2013, Toray acquired an approximately 13% stake in Spectral Diagnostics, a Canadian pharmaceutical company focused on sepsis.

In March 2018, Toray announced it would acquire TenCate Advanced Composites to advance carbon fiber production capabilities.

  1. "Company Outline". Retrieved2 August 2014.
  2. "Financial Results 2014"(PDF). Retrieved2 August 2014.
  3. "Company Board of Directors". Retrieved2 August 2014.
  4. "TOPIX Large70 Components"(PDF). Japan Exchange Group. Archived from the original(PDF) on 13 October 2013. Retrieved2 August 2014.
  5. "Components:Nikkei Stock Average". Nikkei Inc. Retrieved2 August 2014.
  6. Odagiri, Hiroyuki (1996). Technology and Industrial Development in Japan. Clarendon Press, Oxford. pp. 88, 127–128. ISBN 0-19-828802-6.
  7. "Toray planning 50%-plus boost in carbon fiber capacity". Nikkei Asian Review. Nikkei Inc. 18 December 2013. Retrieved2 August 2014.
  8. Suga, Masumi (20 November 2007). "Boeing, Toray in Talks to Expand $6 Billion 787 Deal (Update5)". Bloomberg L.P. Retrieved2 August 2014.
  9. Thierry Dubois (11 October 2018). "New Carbon Fiber Factory In France Key For Airbus And Safran". Aviation Week & Space Technology.
  10. "Toray takes $5M Stake in Spectral Diagnostics". Genetic Engineering & Biotechnology News (paper). 1 April 2013. p. 12.
  11. Sloan, Jeff. "Toray acquires TenCate Advanced Composites". www.compositesworld.com. Retrieved15 March 2018.


Toray Industries Article Talk Language Watch Edit 160 160 Redirected from Toray Toray Industries Inc 東レ株式会社 Tōre Kabushiki gaisha is a multinational corporation headquartered in Japan that specializes in industrial products centered on technologies in organic synthetic chemistry polymer chemistry and biochemistry Toray Industries Inc Nihonbashi Mitsui Tower headquarters of Toray in Chuō TokyoNative name東レ株式会社Romanized nameTōre Kabushiki gaishaTypePublic K K Traded asTYO 3402 TOPIX 100 Component Nikkei 225 ComponentIndustryChemicals TextilesFoundedJanuary 1926 96 years ago 1926 01 Headquarters5F Nihonbashi Mitsui Tower 2 1 1 Nihonbashi Muromachi Chuo ku Tokyo 103 8666 JapanArea servedWorldwideKey peopleSadayuki Sakakibara chairman Akihiro Nikkaku presidentProductsFibersTextilesPlasticsChemicalsIT related materialsCarbon fiber composite materialsWater treatment membranesPharmaceuticalsMedical productsRevenue 17 86 billion FY 2014 1 837 billion FY 2014 Net income 579 million FY 2014 59 6 billion FY 2014 OwnerThe Master Trust Bank of Japan 7 90 Japan Trustee Services Bank 6 43 Nippon Life 4 45 Mitsui Fudosan 1 19 Mitsubishi Heavy Industry 0 51 Number of employees45 881 consolidated as of March 31 2014 WebsiteOfficial websiteFootnotes references 1 2 3 Its founding business areas were fibers and textiles as well as plastics and chemicals The company has also diversified into areas such as pharmaceuticals biotechnology and R amp D medical products reverse osmosis bigmembranes electronics IT products housing and engineering as well as advanced composite materials The company is listed on the first section of Tokyo Stock Exchange and is a constituent of the TOPIX 100 4 and Nikkei 225 5 stock market indices Contents 1 History 2 Operations 3 Gallery 4 See also 5 References 6 External linksHistory EditToray Industries had been originally established as Toyo Rayon in 1926 by Mitsui Bussan one of the two largest Japanese trading companies sogo shosha of the time the other being Mitsubishi Shoji The fact that Mitsui did not allow the company to be named as a Mitsui company indicates their skepticism of the risk on the business Risk arose from the fact that when it was established the company did not have the right technology to produce Rayon It had approached Courtaulds and then Du Pont to buy the technology but because the price was too high it decided to buy equipment from a German engineering company and hire about twenty foreign engineers to start the operation 6 When Nylon was invented in 1935 by Wallace Carothers of DuPont Toray immediately got hold of a sample product through the New York City branch of Mitsui Bussan and started research by dissolving this sample in sulfuric acid Because of the patent protection the company had to make its own effort to synthesize polyamide and make fibre out of it In 1941 just three years after Du Pont s announcement of nylon Toray completed the basic research on nylon and started building a small plant to produce Nylon 6 The operation started in 1943 and the product was sold mainly to make fishing nets In 1946 following the end of World War II Du Pont requested an investigation by GHQ the General Headquarters of Allied Powers of Toray s infringement of Du Pont s nylon patents but GHQ found no evidence of infringement certifying that Toray s nylon technology was its own 6 Toray is currently the world s largest producer of carbon fiber and Japan s largest producer of synthetic fiber 7 Its carbon fiber is extensively used in exterior components of the Boeing 787 airliner 8 In 2014 as a major aerospace composites supplier Toray opened a polyacrylonitrile PAN the carbon fiber precursor production line in Lacq south western France 9 Operations EditThe world headquarters is in the Nihonbashi Mitsui Tower 1 1 Nihonbashi Muromachi 2 chome Chuō Tokyo Japan Toray sponsors the Pan Pacific Open Tennis Tournament Toray sponsors the Digital Creation Awards in its 10th year in 2005 Toray has operations in 20 countries Japan China Hong Kong Taiwan South Korea Indonesia Malaysia Penfibre SDN Berhad Singapore Thailand India Czech Republic France Germany Italy Netherlands Switzerland United Kingdom Mexico and the United States In 2013 Toray acquired an approximately 13 stake in Spectral Diagnostics a Canadian pharmaceutical company focused on sepsis 10 In March 2018 Toray announced it would acquire TenCate Advanced Composites to advance carbon fiber production capabilities 11 Gallery Edit Nakanoshima Mitsui Building Osaka head office of Toray in Kita ku Osaka The company s plant in Saint Maurice de Beynost France A roof assembly for the SRT Viper from Toray made carbon fiber composite materialSee also Edit Japan portal Chemistry portal Engineering portal Companies portal Composite material Textile manufacturing Alcantara material Mitsubishi X 2References Edit Company Outline Retrieved 2 August 2014 Financial Results 2014 PDF Retrieved 2 August 2014 Company Board of Directors Retrieved 2 August 2014 TOPIX Large70 Components PDF Japan Exchange Group Archived from the original PDF on 13 October 2013 Retrieved 2 August 2014 Components Nikkei Stock Average Nikkei Inc Retrieved 2 August 2014 a b Odagiri Hiroyuki 1996 Technology and Industrial Development in Japan Clarendon Press Oxford pp 88 127 128 ISBN 0 19 828802 6 Toray planning 50 plus boost in carbon fiber capacity Nikkei Asian Review Nikkei Inc 18 December 2013 Retrieved 2 August 2014 Suga Masumi 20 November 2007 Boeing Toray in Talks to Expand 6 Billion 787 Deal Update5 Bloomberg L P Retrieved 2 August 2014 Thierry Dubois 11 October 2018 New Carbon Fiber Factory In France Key For Airbus And Safran Aviation Week amp Space Technology Toray takes 5M Stake in Spectral Diagnostics Genetic Engineering amp Biotechnology News paper 1 April 2013 p 12 Sloan Jeff Toray acquires TenCate Advanced Composites www compositesworld com Retrieved 15 March 2018 External links EditOfficial website in English List of products Entrant sports fabrics Toray See popular glass cleaning cloth for eyewear or stemware Pan Pacific Open Tennis Tournament Retrieved from https en wikipedia org w index php title Toray Industries amp oldid 1089893262, wikipedia, wiki, book,

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