Toray Industries, Inc. TSE:3402

Toray Industries : Group’s Initiatives for Water Treatment Business "Vision 2030"

Published

Source: MarketScreener

TORAY IR Seminar

Toray Group's Initiatives for Water Treatment Business "Vision 2030"

March 28, 2025

Satoshi Shimoyama

Corporate Vice President,

General manager, Water Treatment & Environment Division

Toray Industries, Inc.

Contents

  • I. Overview of the Water Treatment Business

  • II. Business Environment

  • III. Water Treatment Business "Vision 2030"

Positioning of the Water Treatment Business

Billion yen

Segments

Major Products

Revenue

Core Operating Income

Fiber &Textiles

1,006.0

64.0

Performance Chemicals

955.0

63.5

Carbon Fiber Composite Materials

304.0

22.0

Environment & Engineering

252.0

26.5

Life Science

55.5

0.0

Others

17.5

2.5

Adjustment

▲33.5

Total

2,590.0

145.0

Materials, equipment, technologies, and services that help improve convenience and productivity by supporting the widespread adoption of digital technology

Toray Group's Sustainability Vision and Water Treatment Membrane's Contribution

Water Treatment Membrane's Contribution

CO2 emissions avoided by using RO membrane for seawater desalination*1

RO membrane method

＞

（t-CO2/26,000m3-water）

＊１ Figures in the circles above represent CO2 emissions for the entire product life cycle

Source: Innovations for Greenhouse Gas Reductions, Japan Chemical Industry Association (JCIA)

Expansion into fields other than water treatment

Utilize separation membrane technology developed by Toray

  • • High removal

  • • Energy-saving in use

  • • Stain-resistant

  • • High durability

[Application]

Food, Resource recovery, Gas separation

Create safe water with Water Treatment Membrane Water Management and Prevention of Water Pollution

Toray's Positioning in the Water Treatment Industry

Positioning of Toray's membrane business in the Industry

Toray Group's Competitiveness

ＲＯ

Membrane Type Main Use

  • • Seawater Desalination

  • • Ultrapure Water

  • • Wastewater Reuse

Position in the Market

No.1 Globally

Leading in High Performance

ＮＦ

  • • Harmful Substance Elimination

  • • Potable Water

    ＵＦ

    ＭＢＲ

    • • Wastewater Treatment

    Customized

    Support

  • • Pretreatment for Seawater Desalination

Superior in High Performance,

High Durability Superior in High Performance,

Easy Handling

Accomplishments in Seawater Desalination

  • • No.1 market share Globally (Significant share in the Middle East)

  • • Have taken a lead in localization in Saudi Arabia, the largest market

IMS* proposal:

* Integrated Membrane System

  • • Wide range of product lineup

  • • Provide the optimal solution for various water sources and applications

Localization/ Global Network

  • • Global integrated operation system for production, sales, and technology

at all locations, in time

"Made by Toray"

35 Sales Offices

6 Production Bases 4 R&D Centers

◆Growth business: 10% CAGR in revenue over the last 10 years and double-digit ROIC

Product Appeal / Technical Service

  • • RO/ Started development from the 1960s, became a pioneer in the industry

  • • RO/ High performance (in removal and durability)

  • • UF/ High durability, high anti-fouling

  • • MBR/ Ease of operation

⇒ Seamless technical services

Growth Areas to Focus on

✓

✓

Ultrapure Water (for Semiconductor)

Existing applications:

New applications:

Seawater Desalination

Cooling Water (for Data Center)

Wastewater Reuse

Agricultural Water

Environment Surrounding the Water Treatment Business

◼ Growing expectation for water treatment membrane to solve social issues, due to accelerated and aggravated water shortages, in addition to heightened environmental awareness

◼

New business opportunities, despite the political risks of each area and country

Water Treatment Membrane Demand Outlook

◼ By 2030, water demand expected to rise to 140% of the world's freshwater resources

◼ Growth in wastewater reuse field, due to the ease of water sourcing from residential and industrial areas

2005

Water produncotiiollnimv(oelummuleov(mnoilliitocundorp retaW

㎥ /day）

）yad/㎥

2010

2015

Estimated by Toray （Ref：GWI DesalData / IDRA）

2020

Up to the present:

Water Desalination

Future:

Water Desalination

2030

  • ≒ Wastewater Reuse

  • ＜ Wastewater Reuse

Growth Business Field Outlook - Seawater Desalination (1) -

◼ Received unparalleled track record of orders in this application, including the Taweelah project in the UAE, one of the largest seawater desalination plant in the world → Achieved a position as "de facto standard" of seawater desalination

World's Top 10 Seawater Desalination Plants Using RO Membrane

  • • Taweelah in the UAE started commercial operation in 2024

Toray's high-performance seawater desalination RO membrane

Advanced analysis technology

  • • Developed high-performance RO membranes leveraging Toray's superior polymer technology, as well as advanced analysis technology and DX that controls the shape of folds and pore size distribution.

DX

Realized both high removal and water production

◆ Achieved No. 1 market share of seawater desalination, thanks to Toray's high-quality RO membrane production in Saudi Arabia and prompt customer support