Japan Toray and France's Safran announced on March 7 that the two sides signed an implementation agreement for the supply of carbon fiber composite materials for the development of the next generation of high-performance aeroengines while meeting the growing market demand for carbon fiber in the aviation industry.
Thierry Viguier, Safran’s vice president of raw material procurement, said: “France Safran and Toray Japan signed a long-term supply agreement for carbon fiber materials a year ago. The formal signing of this implementation agreement marks the beginning of cooperation between the two parties. More concrete, more secure second step. Safran Group will take full advantage of Toray Group's advantages in high-performance composite materials to create more diverse high-performance aviation products.
Yasuo Suga, vice president of Toray Group and director of the Carbon Fiber and Composites Division, said: 'The signing of this implementation agreement underscores the strong partnership between Toray and Safran. Both companies are pursuing technological innovation in pursuit of strategy. To provide customers with high value-added solutions with a high degree of consistency. In the future, the cooperation between the two parties will be further deepened.
About Safran Group
The international high-tech group company specializing in the aviation propulsion system, aerospace equipment, aerospace equipment and defense equipment market employs more than 58,000 people worldwide. Its sales revenue reached 16.5 billion euros in 2017 and it has a world-leading market position in the above-mentioned fields. Continuous technological innovations respond to rapid market changes. In 2017, R&D investment reached 1.4 billion euros.