Toray expands auto-related carbon fiber composite material business in U.S.

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Toray Industries Inc says it has purchased a 20% stake in Plasan Carbon Composites (PCC), a U.S. manufacturer and distributor of auto parts based on carbon fiber reinforced plastics (CFRP), in a bid to strategically expand its carbon fiber composite material business globally in the automotive field.

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Established in 2006, PCC, leveraging its proprietary high-speed Pressure Press molding technology, is the sole U.S. Tier 1 supplier of CFRP-based exterior body panels (hoods, roofs, etc) for performance and luxury cars of U.S. automobile manufacturers.

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PCC uses Toray Composites (America) rapid curing, thermoset resin prepreg based on carbon fibers produced by Toray’s U.S. subsidiary Toray Carbon Fibers America for its high-speed pressure press molding.

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