Toray Industries Inc. has been founded in Japan in 1926. It is a chemical conglomerate which has diversified its businesses worldwide. Toray’s operation in Malaysia, which commenced in the 1970’s, represents one of Toray’s major investments outside Japan. Collectively known as Toray Group (Malaysia) and under the supervision of Toray Industries (Malaysia), Toray operates seven manufacturing plants in Penang’s strategic industrial parks through Penfibre, Penfabric and Toray Plastics (Malaysia) and a joint-venture Toray BASF PBT Resin in Kuantan, Pahang. Currently, the Group undertakes the manufacturing and marketing of Polyester Staple Fibres, Textiles (finished fabric, yarn-dyed fabric and grey yarn for sewing thread), Engineering Plastic (ABS & PBT) Resins and Polyethylene Terephthalate Film (Polyester Film), including Battery Separator Films.
Besides the on-going plant modernisation and expansion activities, other joint-ventures, International Procurement Centre and servicing companies, Toray Malaysia Systems Solution was established to complement the Group’s operations locally or abroad.
Since inception more than 47 years ago, Toray was attracted to the Malaysia’s stable economic and political climate, strategic location, well-integrated raw material supply chain, modern infrastructure, abundant energy resources, generous tax and investment incentives as well as a highly skilled workforce.
More importantly, Toray has been receiving tremendous support, advice and assistance from the Federal authorities, especially MIDA and MITI, which has helped us to grow from strength to strength in tandem with Malaysia’s economic development. Toray endeavours to continue to expand its Malaysia’s operations through innovative projects that will move our Group up the value chain regionally” says Toray Chief Representative in Malaysia cum Managing Director of Toray Industries (Malaysia), Mr Teh Hock Soon.
As a responsible corporate citizen, Toray is dedicated to conserving our green environments and contribute back to the local communities via the various CSR projects. Among them, the establishment of Malaysia Toray Science Foundation to promote science and technology in Malaysia since 1993 and the donation of Toray-USM Knowledge Centre at USM, Olympic-size swimming pool complex in Seberang Jaya and Electronic video scoreboard Batu Kawan stadium.