25th Sep 2023
Toray Industries and Honda have partnered to develop chemical recycling technology for glass-fibre reinforced nylon 6 parts from end-of-life vehicles. They use subcritical water to depolymerise the nylon 6, regenerating it as caprolactam, a raw monomer. The technology was adopted by the ministry of environment for a decarbonised circular economy...
3rd Sep 2023
Teijin Limited is selling its Japanese subsidiary GH Craft to TIP Composite, aiming to focus on its North American operations. Acquired in 2008, GH Craft has been crucial in composite material design for aerospace, automotive, and railway sectors. Teijin, facing profit shortfalls due to various factors, is reallocating resources to North America.
10th Aug 2023
Toray Industries reported Q1 FY24 revenue of 578.1 billion yen, down 4.6 per cent YoY. Core operating income fell 19.2 per cent, and profit dropped to 13.9 billion yen. The fibres and textiles segment saw a 25.8 per cent income rise, while the carbon fibre segment rose 13.8 per cent. Assets grew to 3,347.4 billion yen, up 153.3 billion yen from...
10th Aug 2023
Japanese company Teijin Limited's Q1 FY23 net sales rose slightly by 0.4 per cent to 244.8 billion yen, but operating income fell sharply to 4.2 billion yen. The fibres and products segment grew, with operating income up 77 per cent, while the materials segment struggled, impacted by a previous plant fire and slow recovery of the Chinese economy.
18th Jul 2023
Toray Industries plans to increase carbon fibre production capacity at its facilities in South Carolina, US, and Korea. The expansion aims to meet the rising demand for pressure vessel applications driven by the clean energy revolution. The expansion aligns with Toray's commitment to sustainability and its goal of contributing to a carbon-neutral...
14th Jul 2023
The consortium of Osaka Medical and Pharmaceutical University, Fukui Tateami, and Teijin Limited has received manufacturing and marketing approval in Japan for their surgical patch, Synfolium. The patch, used in the treatment of congenital heart disease, consists of bio-absorbable and non-absorbable yarns coated with cross-linked gelatin.
7th Jul 2023
Japanese researchers have developed a wearable chemical sensor using heat-transfer printing, capable of measuring chloride ion concentration in sweat. The sensor can be applied to textiles to prevent skin irritation, making it useful for early detection of heat stroke and dehydration. The study was conducted by the Tokyo University of Science.
29th Jun 2023
Teijin Frontier has developed nonwoven microcarriers for efficient cell culture. The microcarriers, featuring a unique structure resembling the natural cell environment, promote cell proliferation and circulation of necessary nutrients. Teijin Frontier plans to globally market the microcarriers, aiming for JPY 100 million in sales by fiscal 2026.
15th Jun 2023
Toray Industries will participate in the Paris Air Show to discuss advancements in composite material technologies for the aerospace industry. The company's carbon fibre and thermoplastic composites are essential in enabling the adoption of composites in aviation. Toray remains committed to sustainability and providing innovative solutions.