View in Other Languages 
 |
Sydney, Jan 25, 2011 (ABN Newswire) - Toray Industries (
TYO:3402) (PINK:TRYIY), the world's largest manufacturer of carbon fibers signed an agreement with German carmaker Daimler (ETR:DAI) (PINK:DDAIY) yesterday for the establishment of a joint venture in Germany to produce and sell carbon fiber reinforced plastics (CFRP) car parts.
The two companies are targeting cost competitive mass production of lightweight CFRP car parts, utilizing an innovative CFRP molding process technology developed by Toray for Daimler's Mercedes-Benz passenger vehicles to be launched in 2012.
According to Toray, the adoption of high-tech carbon fiber components can reduce the automobile body weight and therefore significantly boost fuel efficiency and reduce CO2 emissions, while safety and comfort features of cars can also be improved.
The joint venture will manufacture and market CFRP parts to further promote the adoption of carbon fiber composite materials in the automotive field even beyond the current applications in e.g. sport cars.
TYO:3402) (PINK:TRYIY), the world's largest manufacturer of carbon fibers signed an agreement with German carmaker Daimler (ETR:DAI) (PINK:DDAIY) yesterday for the establishment of a joint venture in Germany to produce and sell carbon fiber reinforced plastics (CFRP) car parts.The two companies are targeting cost competitive mass production of lightweight CFRP car parts, utilizing an innovative CFRP molding process technology developed by Toray for Daimler's Mercedes-Benz passenger vehicles to be launched in 2012.
According to Toray, the adoption of high-tech carbon fiber components can reduce the automobile body weight and therefore significantly boost fuel efficiency and reduce CO2 emissions, while safety and comfort features of cars can also be improved.
The joint venture will manufacture and market CFRP parts to further promote the adoption of carbon fiber composite materials in the automotive field even beyond the current applications in e.g. sport cars.
| Tweet |
|
||
|
 |
Related Companies |
>>>        Daimler AG>>> Toray Industries, Inc. |
| |
Related Industry Topics: |
Auto Manufacturing | Financial General | Auto General | |
| |
This Page Viewed: (Last 7 Days: 300) (Last 30 Days: 1330) (Since Published: 19700) |
(58720)
Events & Exhibitions
|
Site Search
| ENGLISH All Languages |
Upcoming WebCasts
 | Mr Mark Paton CEO Cue Energy Resources Tuesday, June 12, 2012 |
 | Mr Alan Hopkins CEO Pan Asia Corporation Tuesday, June 12, 2012 |
 | Mr Barry Dawes Martin Place Securities Tuesday, June 12, 2012 |
 | Dr Andrea Grant CEO Living Cell Technologies Monday, July 02, 2012 |
|
Daimler AG | |||||
|
||||||
Companies in the News
Mobile Video TV
|
||
|
||
){kind=link}