Top 8 News Stories That Shaped 2024

As we wrap up 2024, here are our top eight milestones represent just a glimpse of the incredible progress, innovation, and growth we have achieved together. From groundbreaking advancements of new lightweight, environmentally friendly, sustainable materials to expanding our leadership and carving a new path forward, this year has been one to remember—and none of it would be possible without our dedicated team, valued customers, and supportive partners. As we look ahead to 2025, we’re excited to continue pushing boundaries, delivering quality, and shaping the future of our industry.

1. Toray Advances Sustainability Initiatives with Launch of Life Cycle Assessment Program for Toray Cetex® Thermoplastics

NIJVERDAL, The Netherlands, February 1, 2024 — Toray Advanced Composites, a leading developer and manufacturer of advanced composite materials, is proud to announce the launch of a Life Cycle Assessment (LCA) program for their Toray Cetex® range of thermoplastic composite materials. This strategic move underscores the company’s commitment to environmental responsibility, aiming to quantify and reduce the environmental impact of its manufacturing processes. Read More

2. Toray Advanced Composites Announces New Strengthened Polyamide Thermoplastic Material for High-Performance Applications

MORGAN HILL, CALIF., March 5, 2024 — Toray Advanced Composites, a leader in developing and producing advanced thermoplastic and thermoset composite materials, is pleased to introduce the new product Toray Cetex ^®  TC915 PA ⁺ ™ into its extensive portfolio. Toray Cetex ^®  TC915 PA ⁺ ™ is excellent for sporting goods, high-performance industrial applications, automotive structure, energy (oil/gas & hydrogen), Urban Air Mobility (UAM), and Unmanned Aerial Systems (UAS) applications. Read More

3. Toray Awarded by Northrop Grumman for Supplier Excellence

MORGAN HILL, CALIF., April 4, 2024 —  Northrop Grumman Corporation (NYSE:NOC) has recognized Toray Advanced Composites during the company’s Supplier Excellence Awards. “Toray has helped to advance national security solutions and achieve mission success,” said Matt Bromberg, Corporate Vice President, Global Operations Northrop Grumman. “Northrop Grumman’s supplier partners connect and protect the warfighter, defining what is possible in the battlespace because of our shared commitment to the highest industry standards across the defense industrial base.” Read More

4. Toray Advanced Composites Announces New Leadership this Spring

MORGAN HILL, CALIF., May 14, 2024 —Toray Advanced Composites formally announces a key leadership transition, with Scott Unger as the new Global CEO and Steve Cease as the new Managing Director, USA, and Global CTO, effective this spring. "I am thrilled and humbled to lead our group towards our collective vision of innovation and excellence in next-generation composite material technologies,” remarks Scott Unger, Global CEO of Toray Advanced Composites, “With an incredible team spanning our global operations, together, we're dedicated to supporting our customers and the industry with an unparalleled focus on meeting the demands of today and tomorrow.” Read More

5. Toray Advanced Composites Appoints David Bernard as European Managing Director 

NIJVERDAL, The Netherlands, July 3, 2024  —Toray Advanced Composites announces the appointment of Mr. David Bernard as its European Managing Director, effective July 3. Mr. Bernard takes over the position from Mr. Erik Delnoij, who has decided to pursue a career outside Toray. “I’m honored to succeed Erik in the position of Managing Director for Toray Advanced Composites in Europe,” states David. “together with our leadership team, I’m excited to build on a strong foundation of operational and technology excellence which is deep within our company DNA.” Read More

6. Toray Advanced Composites Appoints Steven Mead as Global Commercial Officer

MORGAN HILL, CALIF., August 15, 2024 —Toray Advanced Composites formally announces a key leadership expansion with Steve Mead joining as the new Global Chief Commercial Officer (CCO), effective August 15.  Mr. Mead will play a pivotal role in achieving Toray’s global commercial strategy and expanding the market penetration of Toray’s next-generation composite materials technology. “...Steve is a driven, curious, market-savvy leader with proven expertise in our industry. He has a thorough operational understanding of Toray and the connected composites supply chain. With Steve back at the helm of our capable commercial teams, Toray is set to maximize our go-to-market strategy and optimize sustainable growth in our global commercial operations. We’re thrilled to have him back onboard,” comments Scott Unger, Global CEO of Toray Advanced Composites. Read More

7. Toray Advanced Composites Announce Launch of High-Performance Toray Cetex® PESU Thermoplastic Composite Material

NIJVERDAL, The Netherlands, September 26, 2024  — Toray Advanced Composites, a leading innovator in advanced material technology, today announces the launch of Toray Cetex® TC1130 PESU thermoplastic composite material. This high-performance thermoplastic composite material is specifically engineered to address the growing need for lightweight and environmentally sustainable materials in aircraft interior applications, offering significant benefits to the aerospace industry. Suited for monolithic and thermoplastic-based sandwich panel constructions, Toray Cetex® TC1130 PESU (PolyEtherSulphone) continuous fiber reinforced thermoplastic composite enables the creation of mono-material sandwich structures when combined with core materials of the same chemistry. Read More

8. Toray Announces Expanded Capacity and Capabilities in Continuous Fiber Reinforced Thermoplastic Product Portfolio

MORGAN HILL, California, USA, November 4, 2024  — Toray Advanced Composites, a leading innovator in advanced material technology, today is pleased to announce the expansion of its continuous fiber reinforced thermoplastic composite materials portfolio through the acquisition of Gordon Plastics’ assets, technology, and intellectual property, located in Englewood, Colorado. This investment by Toray Advanced Composites brings expanded development, testing, and production capacity for continuous fiber reinforced thermoplastic composite unidirectional tapes and enhances Toray’s capability to process higher melting temperature polymer systems. Read More

 Stay tuned for even bigger news and updates, and thank you for being part of our journey.