Toray Industries, Inc. - Announcement of Executive Personnel Changes
March 27, 2023 at 10:46 am EDT
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Tokyo, Japan - Toray Industries, Inc. announces that its Board of Directors Meeting earlier today approved the executive personnel changes. The changes are expected to become effective the resolution at the Board of Directors Meeting after the 142 nd Ordinary General Meeting of Shareholders scheduled at the end of June, 2023.
Toray Industries, Inc. is a diversified group organized around 5 areas of activity:
- fiber and textile production (38.2% of net sales): nylon, polyester, acrylic fibers, non-woven products, etc.;
- plastic and chemical manufacture (38.2%): resins, plastic films, fine chemicals, etc.;
- engineering and environmental services (10.3%): development, construction, and assembly of industrial units, manufacture of seawater desalinization equipment, wastewater treatment equipment, etc.;
- production of carbon fibers (9.7%);
- other (3.6%): primarily fabrication of pharmaceutical and medical products.
Net sales break down geographically as follows: Japan (44%), China (19.5%), Asia (19.8%) and other (16.7%).