Toray Industries gains full ownership of SOFICAR
January 10, 2012
On January 10th, 2012, Toray Industries announced that it has purchased all remaining shares of its joint venture, Société des Fibres de Carbone S.A. (SOFICAR). The now wholly-owned subsidiary of Toray Industries will be called Toray Carbon Fibers Europe S.A. (CFE). The facility in southwest France produces Torayca® as part of Toray Industries’ comprehensive carbon fiber catalog. Toray expects to increase production capabilities and offerings based out of the new CFE as global demand for carbon fiber expands in the coming years.More information can be found at the Toray Industries website.