Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Toray to Start High-Barrier Film Business in Europe To establish a new company in France; local production with annual capacity of 20,000 tons from 20

Abstract:
Toray Industries, Inc. (headquarters: Chuo-ku, Tokyo, President: Sadayuki Sakakibara; hereinafter referred to as "Toray") today announced that it made a decision to embark on local production in Europe of Torayfan* (bi-axially oriented polypropylene (OPP) film) high-barrier metalized film. Toray will establish Toray Films Europe S.A.S., or TFE, in France in February 2008 and newly construct a film production facility (annual capacity of 20,000 tons) and metalizing facility (annual capacity of 22,000 tons). Toray plans to invest approximately 10 billion yen in this project and the facilities are expected to start operations from April 2010.

Toray to Start High-Barrier Film Business in Europe To establish a new company in France; local production with annual capacity of 20,000 tons from 20

Tokyo, Japan | Posted on February 2nd, 2008

In the food packaging industry around the world, the diversification of the food culture has led to increasing needs for keeping food products fresh for long periods as well as for delivering them with their original flavor to the consumer. This, in turn, has led to rapidly increasing demand for films with better barrier functions against oxygen and moisture vapor than available in the standard products. By combining its advanced film technology and proprietary metalizing technology, Toray was quick in commercializing high-barrier film responding to the market needs, and its products have been highly acclaimed by the food market.

Toray currently develops and manufactures high-barrier film at Toray Plastics (America), Inc., or TPA, and markets the product primarily in the US and Europe. TPA's high-barrier film boasts the top market share of about 60% in the North American market owing to its superior barrier functions and high quality.

While it has been exporting such products to Europe from TPA, Toray's decision this time is in response to the expanding European market for high-barrier film (annual growth exceeding 10%). It is also aimed at establishing a local production structure targeting the high value added product category, based on requests from its valued customers. Toray will position TFE as a core production base in Europe, while developing the next generation high-barrier products at TPA to meet the requirements of the increasingly sophisticated market, to add further value to its business.

The new company is located within the site of Toray Plastics Europe S.A., or TPEu, which is Toray's polyester film manufacturing base in France. By leveraging technologies and expertise accumulated by TPEu in the production of polyester film and its manufacturing infrastructure, Toray aims to achieve a smooth launch of the Torayfan* business in Europe.

Under the new mid-term business strategies "Project Innovation TORAY 2010 (IT-2010)" introduced in October 2006, the Toray Group has been promoting "transforming to a highly profitable business group" and "expansion of advanced materials" as basic strategies. Also in the OPP film Torayfan* business, Toray aims to expand advanced materials and enhance the business on a global basis through development and production of further upgraded high-barrier films with its sights firmly fixed on the future trends in the food culture.

####

About Toray Industries, Inc.
Toray Group fuses nanotechnology into its operations, using organic synthetic chemistry, polymer chemistry and biochemistry as its core technologies. In addition to the Foundation Businesses of fibers & textiles and plastics & chemicals, Toray likewise promotes the global development of IT-related products, carbon fiber composite materials, pharmaceuticals and medical products, environment & engineering including water treatment and progress in other pivotal business fields.

For more information, please click here

Contacts:
Nihonbashi Mitsui Tower
1-1, Nihonbashi-Muromachi 2-chome
Chuo-ku, Tokyo 103-8666, Japan
Tel: +81-3-3245-5111
Fax: +81-3-3245-5555

Media contacts:
Toray Industries, Inc.
Corporate Communications Section
Tel: +81-3-3245-5179 (Tokyo)
Tel: +81-6-7688-3085 (Osaka)

Copyright © Toray Industries, Inc.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

'Gyroscope' molecules form crystal that's both solid and full of motion: New type of molecular machine designed by UCLA researchers could have wide-ranging applications in technology and science January 16th, 2018

The nanoscopic structure that locks up our genes January 16th, 2018

New exotic phenomena seen in photonic crystals: Researchers observe, for the first time, topological effects unique to an “open” system January 12th, 2018

Nanotube fibers in a jiffy: Rice University lab makes short nanotube samples by hand to dramatically cut production time January 11th, 2018

Openings/New facilities/Groundbreaking/Expansion

Aculon Expands NanoProof® Product Line for Electronics Waterproofing Technology: With growing market opportunities Aculon Launches NanoProof® 8 with Push Through Connectivity™ and NanoProof® DAB a syringe application May 30th, 2017

GLOBALFOUNDRIES and Chengdu Partner to Expand FD-SOI Ecosystem in China: More than $100M investment to establish a center of excellence for FDXTM FD-SOI design May 23rd, 2017

GLOBALFOUNDRIES Expands to Meet Worldwide Customer Demand: Company invests for capacity growth in the United States, Germany, China and Singapore February 10th, 2017

Portable superconductivity systems for small motors: Cambridge University lab achieves a breakthrough for portable superconductivity systems that are applicable for small motors, health care and other uses February 8th, 2017

Materials/Metamaterials

Nanotube fibers in a jiffy: Rice University lab makes short nanotube samples by hand to dramatically cut production time January 11th, 2018

New oxide and semiconductor combination builds new device potential: Researchers integrated oxide two-dimensional electron gases with gallium arsenide and paved the way toward new opto-electrical devices January 10th, 2018

Ultrafine fibers have exceptional strength: New technique developed at MIT could produce strong, resilient nanofibers for many applications January 5th, 2018

NRL improves optical efficiency in nanophotonic devices January 4th, 2018

Announcements

'Gyroscope' molecules form crystal that's both solid and full of motion: New type of molecular machine designed by UCLA researchers could have wide-ranging applications in technology and science January 16th, 2018

The nanoscopic structure that locks up our genes January 16th, 2018

New exotic phenomena seen in photonic crystals: Researchers observe, for the first time, topological effects unique to an “open” system January 12th, 2018

'Decorated' stem cells could offer targeted heart repair January 11th, 2018

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project