Toray acquires Dome Carbon Magic

Japan-based Dome Carbon Magic was established in 1995 and manufactures carbon fiber composite structures for automotive racing applications.

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Toray Industries Inc. (Tokyo, Japan) announced on March 18 that it agreed to purchase in April 2013 the entire stake Dome Carbon Magic Ltd. (DCM, Maibara­shi, Japan) from DOME Group, a racing car designer and manufacturer highly acclaimed by the automobile industry, and make it a wholly owned subsidiary in order to expand its carbon fiber composite materials business inautomobile and other applications.

Toray plans to rename the company Toray Carbon Magic Co. Ltd. At the same time, the company will also acquire a 75 percent stake in Dome Composites (Thailand) Co., Ltd. (Cholburi Province, Thailand), and make it a subsidiary, which Toray plans to rename as Carbon Magic (Thailand) Co. Ltd.

DCM was established in 1995 as a manufacturing company of Dome Co. Ltd. to produce carbon fiber-reinforced plastic (CFRP) parts for racing cars. DCM’s expertise in design engineering, prototype proposal and high precision technology, acquired through its experience in design and manufacturing of racing car parts, is said to be highly respected in the market. The company has been producing a number of CFRP parts in a wide range of fields not limited to automobile applications.

Thai production for DCT was established in 2005 as a joint venture with Saha Group, a major local consumer goods conglomerate, for mass production of CFRP parts. Since then, DCT has been mass-­producing high-­quality products at competitive prices using autoclave technology and steadily expanding its business.

Toray is currently developing products as well as design and manufacturing technology of carbon fiber composite materials primarily at its Advanced Composite Center and Automotive Center, which are the core facilities of Automotive & Aircraft Center (A&A Center), a comprehensive technology development base for automotive and aircraft fields located in its Nagoya, Japan, plant.

In Europe, the company in 2008 took a stake in ACE Advanced Composite Engineering GmbH (Immenstaad, Germany), which develops and manufactures CFRP parts based on resin transfer molding (RTM) technology, while establishing in 2011 Euro Advanced Carbon Fiber Composites GmbH (Esslingen, Germany) in a joint venture with Daimler AG for manufacturing and distributing CFRP parts in a bid to strengthen and enhance the supply chain of carbon fiber composite materials for automobile applications.