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Name | Symbol | Market | Type |
---|---|---|---|
Toray Industries Inc (PK) | USOTC:TRYIY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.40 | -2.82% | 13.77 | 13.82 | 14.06 | 14.13 | 13.54 | 13.54 | 2,076 | 17:48:37 |
Toray Industries Inc. (3402.TO) said Tuesday it has signed a long-term pact to supply carbon fiber for use in aircraft parts to Netherlands-based TenCate Advanced Composites.
Japan's largest synthetic fiber maker by sales said it will provide TenCate with carbon fiber for five years starting later this year. The monetary value of the contract has not been disclosed.
TenCate will process Toray's carbon fiber into thermoplastic prepreg--flexible sheets of carbon fiber that are used in the wings and frames of aircraft.
Carbon fiber is a key material for fuel-efficient jetliners designed to fly long-haul routes.
-By Hiroyuki Kachi, Dow Jones Newswires; 813-6269-2789; Hiroyuki.Kachi@dowjones.com
1 Year Toray Industries (PK) Chart |
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