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  6. Toray: Supply agreement for tape technology with BASF

Toray
Supply agreement for tape technology with BASF

15.08.2019 The producer and supplier of advanced composite materials Toray Advanced Composites, Morgan Hill, CA/USA, a subsidiary of Toray Industries Inc., Osaka/Japan, and between the chemical company BASF SE, Ludwigshafen/Germany, signed a manufacturing and supply agreement focused on the production of continuous fiber reinforced thermoplastic (CFRT) tapes for the automotive and industrial markets.

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Toray Advanced Composites will produce high quality and affordable CFRT tapes using Ultramid engineering thermoplastics developed and produced by BASF. The fiber manufacturer will reinforce BASF’s Ultramid PA6 resins with either glass fiber or with carbon fiber. The supply agreement enhances manufacturing capacity providing wider commercial availability of CFRT materials, which will enable the adoption of advanced materials for lightweight, structural components in a wide range of industrial markets. With these CFRT materials, automotive manufacturers can design and rapidly produce optimized components at a lower cost, while using the latest fabrication methods such as automated stamp forming and overmolding.


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