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TRYIY Toray Industries Inc (PK)

9.32
-0.05 (-0.53%)
20 Jun 2024 - Closed
Delayed by 15 minutes
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
  -0.05 -0.53% 9.32 9.12 9.49 9.338 9.297 9.32 32,294 21:03:56

Toray: Signed Pact With TenCate To Supply Carbon Fiber For Aircraft

21/06/2011 8:46am

Dow Jones News


Toray Industries (PK) (USOTC:TRYIY)
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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

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1 Year Toray Industries (PK) Chart

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1 Month Toray Industries (PK) Chart