March 4, 2020
Toray announced on March 3, 2020 that it will build a new plant in Germany for fuel cell components. Greenerity GmbH, a subsidiary of Toray, will build a plant in Bavaria, Germany, and start operation of the plat in November 2021. The company has decided to build a new plant in anticipation of the spread of fuel cell vehicles in Europe.
The company will manufacture catalyst coated membranes, which are the core components of fuel cells, and the maximum annual production capacity will be about 10 million units.
September 13, 2021