Apr. 25, 2022
Toray Industries, Inc.
Toray to Donate to Ukraine Humanitarian Aid Effort
Tokyo, Japan, April 25, 2022 – Toray Industries, Inc., announced today it has donated 30 million Hungarian forints (around 11 million yen) to the Hungarian Red Cross, which is aiding refugees from Ukraine.
Toray has two subsidiaries in Hungary, both based in the town of Nyergesújfalu. One of those entities is Zoltek Zrt., a carbon fiber manufacturer that became part of the Toray Group in 2014 and started polyphenylene sulfide compound production in 2018. The other subsidiary is Toray Industries Hungary Kft., established in 2018 to make battery separator films for lithium-ion storage batteries. Their help for Ukrainian refugees includes accommodating them through company housing.
The Toray Group is hoping for a swift and peaceful resolution of the conflict in Ukraine.