Toray Industries, Inc. and China Blue Star & BS Group Co., Ltd. are pleased to announce that an agreement was recently reached to establish a new joint company for water treatment in Beijing. The company name will be “Toray Blue Star Membrane Co., Ltd.” (TBMC Co.) and its business will be manufacture, sales, import and export of water treatment products. The plan calls for facility construction to commence in 2009 and be completed by 2010. Business operations will begin in 2009 while the manufacturing facility is being built.
As a production facility, this new company will install casting and coating machines to produce polyamide composite reverse osmosis membrane as well as auto-winders which will assemble that membrane into elements using Toray’s state-of-the art automated technology. Toray expects that after TBMC’s start-up in 2010 the company’s annual overall production of RO elements will see a 1.5-fold increase compared to 2008 and a threefold increase compared to 2006 when combined with production at their facilities in Ehime, Japan and Toray Membrane USA in California.
The TBMC joint venture has been nominated as a project of major importance by the Japan-China government-based Save Energy and Environment forum and the agreement between these two industrial giants will be made official during a signing ceremony at the aforementioned forum where representatives of both governments are expected to be in attendance. Both Toray Industries and China Blue Star bring important abilities to the table, which will lead to the success of TBMC Co. Toray will provide the manufacturing and technological know-how necessary to make world-class membranes for wastewater, seawater, and brackish water treatment while China Blue Star will bring the vast and already established business network necessary to gain a foothold in the quickly-expanding Chinese water treatment market.
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