is a

multinational corporation A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and cont ...

headquartered in Japan that specializes in industrial products centered on technologies in organic synthetic chemistry,

polymer chemistry Polymer chemistry is a sub-discipline of chemistry that focuses on the structures, chemical synthesis, and chemical and physical properties of polymers and macromolecules. The principles and methods used within polymer chemistry are also applic ...

, and biochemistry. Its founding business areas were

fiber Fiber (spelled fibre in British English; from ) is a natural or artificial substance that is significantly longer than it is wide. Fibers are often used in the manufacture of other materials. The strongest engineering materials often inco ...

s and

textiles Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, and different types of #Fabric, fabric. ...

, as well as

plastic Plastics are a wide range of synthetic polymers, synthetic or Semisynthesis, semisynthetic materials composed primarily of Polymer, polymers. Their defining characteristic, Plasticity (physics), plasticity, allows them to be Injection moulding ...

s and chemicals. The company has also diversified into areas such as

pharmaceuticals Medication (also called medicament, medicine, pharmaceutical drug, medicinal product, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the ...

biotechnology Biotechnology is a multidisciplinary field that involves the integration of natural sciences and Engineering Science, engineering sciences in order to achieve the application of organisms and parts thereof for products and services. Specialists ...

and R&D, medical products, reverse osmosis big membranes,

electronics Electronics is a scientific and engineering discipline that studies and applies the principles of physics to design, create, and operate devices that manipulate electrons and other Electric charge, electrically charged particles. It is a subfield ...

, IT-products, housing and engineering, as well as advanced

composite material A composite or composite material (also composition material) is a material which is produced from two or more constituent materials. These constituent materials have notably dissimilar chemical or physical properties and are merged to create a ...

s. The company is listed on the first section of

Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. The exchange is owned by Japan Exchange Group (JPX), a holding company that it also lists (), and operated by Tokyo Stock Exchange, Inc., a wholly owned sub ...

and is a constituent of the

TOPIX 100 The , commonly known as the TOPIX, is an important stock market index for the Tokyo Stock Exchange (TSE) in Japan, along with the Nikkei 225. The TOPIX tracks the entire market of domestic companies and covers most stocks in the Tokyo Stock Exc ...

and

Nikkei 225 The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It is a price-weighted index, operating in the Japanese yen, Japanese Yen (JP¥), and its compone ...

stock market indices.

History

Toray Industries had been originally established as Toyo Rayon in 1926 by Mitsui Bussan, one of the two largest Japanese trading companies (''sogo shosha'') of the time (the other being Mitsubishi Shoji). The fact that Mitsui did not allow the company to be named as a Mitsui company indicates their skepticism of the risk on the business. Risk arose from the fact that, when it was established, the company did not have the right technology to produce Rayon. It had approached Courtaulds and then Du Pont to buy the technology but, because the price was too high, it decided to buy equipment from a German engineering company and hire about twenty foreign engineers to start the operation. When

Nylon Nylon is a family of synthetic polymers characterised by amide linkages, typically connecting aliphatic or Polyamide#Classification, semi-aromatic groups. Nylons are generally brownish in color and can possess a soft texture, with some varieti ...

was invented in 1935 by Wallace Carothers of

DuPont Dupont, DuPont, Du Pont, duPont, or du Pont may refer to: People * Dupont (surname) Dupont, also spelled as DuPont, duPont, Du Pont, or du Pont is a French surname meaning "of the bridge", historically indicating that the holder of the surname re ...

, Toray immediately got hold of a sample product through the

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

branch of Mitsui Bussan, and started research by dissolving this sample in

sulfuric acid Sulfuric acid (American spelling and the preferred IUPAC name) or sulphuric acid (English in the Commonwealth of Nations, Commonwealth spelling), known in antiquity as oil of vitriol, is a mineral acid composed of the elements sulfur, oxygen, ...

. Because of the patent protection, the company had to make its own effort to synthesize polyamide and make fibre out of it. In 1941, just three years after Du Pont's announcement of nylon, Toray completed the basic research on nylon and started building a small plant to produce Nylon 6. The operation started in 1943 and the product was sold, mainly to make fishing nets. In 1946, following the end of

World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

, Du Pont requested an investigation by GHQ (the General Headquarters of Allied Powers) of Toray's infringement of Du Pont's nylon patents but GHQ found no evidence of infringement, certifying that Toray's nylon technology was its own. Toray is currently the world's largest producer of

carbon fiber Carbon fiber-reinforced polymers (American English), carbon-fibre-reinforced polymers ( Commonwealth English), carbon-fiber-reinforced plastics, carbon-fiber reinforced-thermoplastic (CFRP, CRP, CFRTP), also known as carbon fiber, carbon comp ...

, and Japan's largest producer of synthetic fiber. Its carbon fiber is extensively used in exterior components of the Boeing 787 airliner. In September 2013, Toray Industries announced a plan to buy Zoltek for half a billion dollars. The company became a wholly owned subsidiary of Toray and continued operating as a separate business unit. In 2014, as a major aerospace composites supplier, Toray opened a polyacrylonitrile (PAN), the carbon fiber precursor, production line in Lacq, south-western France. In November 2017, Toray admitted to committing 149 quality data falsifications between 2008 and 2016, including on tests run on tire-strengthening cords. As clients to Toray, the companies

Boeing The Boeing Company, or simply Boeing (), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support s ...

and Uniqlo may have been affected.

Operations

* The world headquarters is in the Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi 2-chome, Chūō,

Tokyo, Japan Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

* Toray has operations in 20 countries and regions: Japan, Mainland China,

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...

Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre ...

( Penfibre SDN Berhad),

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...

, India,

Czech Republic The Czech Republic, also known as Czechia, and historically known as Bohemia, is a landlocked country in Central Europe. The country is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the south ...

, France, Germany, Italy,

Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...

, Switzerland, United Kingdom, Mexico, and the United States In 2013, Toray acquired an approximately 13% stake in Spectral Diagnostics, a Canadian pharmaceutical company focused on

sepsis Sepsis is a potentially life-threatening condition that arises when the body's response to infection causes injury to its own tissues and organs. This initial stage of sepsis is followed by suppression of the immune system. Common signs and s ...

. In 2018, Toray announced it would acquire TenCate Advanced Composites to advance carbon fiber production capabilities.

Gallery

References

External links

*
List of productsEntrant sports fabricsToray See
popular glass-cleaning cloth for eyewear or stemware
Pan Pacific Open Tennis Tournament
{{Authority control Chemical companies based in Tokyo Textile companies of Japan Defense companies of Japan Manufacturing companies based in Tokyo Companies based in Osaka Prefecture Mitsui Companies listed on the Tokyo Stock Exchange Companies listed on the Osaka Exchange Companies formerly listed on the London Stock Exchange Companies in the Nikkei 225 Chemical companies established in 1926 Conglomerate companies based in Tokyo Japanese companies established in 1926 Eyewear companies of Japan Japanese brands

History

Operations

Gallery

See also

References

External links