Apr 1, 2017
Toray Indutries, Inc. absorbed Toray Battery Separator Film Co.,Ltd. in Japan effective April 1, 2017.
Toray Industries, Inc. (headquarters: Chuo-ku, Tokyo; President: Akihiro Nikkaku; hereinafter referred to as “Toray”) absorbed Toray Battery Separator Film Co., Ltd., that manufactured and marketed separators for lithium-ion secondary batteries (LIB) effective April 1, 2017. Toray Battery Separator Film Korea Limited and Toray BSF Coating Korea Limited remain as wholly owned consolidated subsidiaries in Korea.
The LIB separator business is one of the key businesses of Green Innovation Business Expansion Project, which Toray is strongly driving forward to support the transformation into a sustainable recycling-oriented society. Toray, Toray Battery Separator Film Korea Limited, and Toray BSF Coating Korea Limited, will work together to promote its technology development and business expansion by leveraging the collective strength of Toray Group.