Toray to invest 500 billion won in Korea's carbon fiber sector by 2025 - Korean media

Toray and its Korean subsidiary, Toray Advanced Materials, in cooperation with the Ministry of Trade, Industry and Energy of the Republic of Korea, North Gyeongsang Province, and Gumi City, have signed a memorandum of understanding (MOU) to develop high-performance carbon fibers, aramid fibers, and eco-friendly materials.