Oct. 26, 2020
Toray Industries, Inc.
Astar S.A. and Toray International UK Ltd announce exclusive UK Agency Agreement for CSMC
(Carbon Fibre SMC)
|London, 26th October, 2020: Astar, a Spanish manufacturer located in Bilbao, specialising in the formulation and manufacturing of SMC, BMC and CSMC thermoset compounds, and Toray International UK (TIUK), the UK sales representative for Toray Industries' carbon fibre materials, have signed an exclusive agreement for the supply of Carbon Fibre SMC (Sheet Moulding Compound) materials in the UK.|
Astar is a market-leading manufacturer of SMC and BMC materials with over 55 years' experience of custom-made formulations, supporting a diverse range of applications in the automotive & transportation, building & construction and electrical & energy markets. Most recently in 2017 they installed a new production line dedicated to high performance Carbon Fibre SMC products.
TIUK is the UK representative for the high-performance Torayca® and Zoltek large-tow industrial range of fibers for Toray Industries, the world's leading PAN-carbon fibre manufacturer.
The exclusive agreement between Astar and TIUK continues a strong collaboration between the parties, which started in 2018 as part of a £37m government funded project, ‘Tucana', through the Advanced Propulsion Centre (APC) led by Jaguar Land Rover. The world-leading academic and industry partners from this consortium aim to develop lightweight, scalable carbon fibre technology for use in electric vehicles.
Alan Riley, Director of Sales & Marketing at TIUK commented, "we are delighted and honoured to represent Astar's Carbon Fibre SMC products in the UK market. The UK carbon composites supply chain is one of the most advanced in the world and we believe that TIUK can only offer further value to our customers with the addition of Astar's market-leading CSMC products to our portfolio."
Eduardo Astorqui, Managing Director at Astar, added, "The base component of CSMC is carbon fibre and therefore it is for us a honour that TIUK, part of Toray Industries, number one carbon fibre manufacturer in the world, represents our CSMC materials in the UK. "