Toray Composite Materials America Inc. Signs Carbon Fiber Supply Agreement with Syensqo SA

en.Wedoany.com Reported - Toray Composite Materials America Inc. has signed a five-year carbon fiber supply agreement with Syensqo SA, which will take effect in January 2026. Toray Composite Materials America Inc. is a Toray Group company specializing in PAN-based carbon fiber and carbon fiber prepreg businesses. This collaboration aims to strengthen the stability of the carbon fiber supply chain.

Through this carbon fiber supply agreement, the two companies will jointly enhance supply resilience in the aerospace, aviation, and defense sectors, support the strengthening of the global supply chain, and promote long-term market growth. With the recovery of global passenger demand and the advancement of new aircraft development, the aviation market is expected to continue its stable expansion, driving increased demand for carbon fiber.

Furthermore, Toray recently announced that in response to raw material cost fluctuations, it will implement surcharge pricing measures. These measures will primarily apply to products affected by the prices of petrochemical feedstocks such as crude oil and naphtha, including carbon fiber composites. Specific details will be determined through negotiations between the business units and their customers.

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