TACOMA,
Wash., July 16, 2024 /PRNewswire/ -- Toray
Composite Materials America, Inc., a leading manufacturer and
supplier of carbon fiber and prepreg materials, announces the
execution of a memorandum of understanding (MOU) adding Elevated
Materials as a provider of repurposing services for its
Tacoma, Washington facility. Under
the three-year agreement, Elevated Materials will repurpose Toray
scrap prepreg materials, including slit-edge and full-width prepreg
sheets.
Our commitment to repurposing waste
material underscores our dedication to sustainability and
innovation. - Jeff Hawkey
Elevated Materials' mission is to eliminate carbon fiber waste
in the aerospace industry. Since its founding, the company has
successfully diverted 200,000 pounds of carbon fiber waste through
its innovative upcycling process. Elevated Materials transforms
this waste into press-cured carbon fiber sheets, plates, and
blocks, which have applications in various industries, from sports
equipment to manufacturing accessories and drones.
The agreement between the two companies is a testament to their
shared commitment to prioritize sustainable solutions in response
to the planet's growing environmental challenges. Their focused
efforts aim to make a positive ecological impact by reducing waste,
conserving resources, and decreasing pollution.
"Collaborating with the Toray team on tough sustainability
challenges has been a rewarding experience. Their expertise and
collaborative spirit have been instrumental in pushing the
boundaries of what we can achieve in sustainable composite
materials. Together, we are making significant strides towards a
more sustainable future," said Ryan
Olliges, founder and CEO of Elevated Materials.
The MOU is a significant and strategic step towards supporting
Toray's sustainability vision. This vision includes achieving net
zero emissions by 2050 and managing resources sustainably.
"Our commitment to repurposing waste material underscores our
dedication to sustainability and innovation. With this initiative,
we are reducing our environmental footprint and setting a new
standard for responsible manufacturing," said Jeff Hawkey, senior vice president of operations
at Toray.
About Toray Composite Materials America, Inc.
Toray
Composite Materials America, Inc. (Toray CMA) manufactures and
supplies TORAYCA™ carbon fiber and advanced thermoset prepreg
systems. Toray materials are recognized worldwide for their
performance, quality, and consistency in processing. With the most
carbon fiber and prepreg capacity in North America, Toray CMA serves the needs of
aerospace and defense, sports and recreation, automotive, and
industrial markets. Toray CMA is a subsidiary of Toray Industries,
Inc. (Toray). Toray addresses global challenges by delivering
high-value-added products, including fibers and textiles, resins
and films, and carbon fiber composite materials. For more
information about Toray CMA, visit www.toraycma.com. For
information on Toray Industries, visit www.toray.com.
About Elevated Materials
Elevated Materials
specializes in repurposing uncured carbon fiber, giving a second
life to high-performance materials that would otherwise end up in
landfills. By leveraging cutting-edge technology, they provide
eco-friendly, cost-effective solutions for a variety of industries
including robotics, sporting goods, and consumer products. Their
mission is to reduce environmental impact while delivering superior
quality and performance. Elevated Materials stands committed to
driving the future of sustainable manufacturing, ensuring that both
their planet and their clients' products reach new heights. Join
them in elevating materials to a sustainable future. Visit
www.elevatedmaterials.com for more information.
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SOURCE Toray Composite Materials America, Inc.