Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

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

UT Arlington researchers develop transparent nanoscintillators for radiation detection for medical safety and homeland security September 29th, 2014

Iranian Scientists Determine Grain Size, Minimize Time of Nanocomposite Synthesis September 29th, 2014

Nanoparticles Used to Improve Quality of Bone Cement September 29th, 2014

'Pixel' engineered electronics have growth potential: Rice, Oak Ridge, Vanderbilt, Penn scientists lead creation of atom-scale semiconducting composites September 29th, 2014

Openings/New facilities/Groundbreaking/Expansion

Brookhaven Lab's National Synchrotron Light Source II Approved to Start Routine Operations: Milestone marks transition to exciting new chapter September 23rd, 2014

FEI Opens New Technology Center in Czech Republic: FEI expands its presence in Brno with the opening of a new, larger facility September 18th, 2014

Nanophase Opens New Polishing Applications Support Laboratory September 9th, 2014

RMIT delivers $30m boost to micro and nano-tech August 26th, 2014

Materials/Metamaterials

Iranian Scientists Determine Grain Size, Minimize Time of Nanocomposite Synthesis September 29th, 2014

Nanoparticles Used to Improve Quality of Bone Cement September 29th, 2014

Production of Anticorrosive Chromate Nanocoatings in Iran September 27th, 2014

Elsevier Publishes New Content on Graphene and Materials Science: Books Discuss Properties and Emerging Applications of Carbon Nanotubes, Graphene and Nanomaterials September 25th, 2014

Announcements

UT Arlington researchers develop transparent nanoscintillators for radiation detection for medical safety and homeland security September 29th, 2014

Iranian Scientists Determine Grain Size, Minimize Time of Nanocomposite Synthesis September 29th, 2014

Nanoparticles Used to Improve Quality of Bone Cement September 29th, 2014

'Pixel' engineered electronics have growth potential: Rice, Oak Ridge, Vanderbilt, Penn scientists lead creation of atom-scale semiconducting composites September 29th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE