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TOYOBO Receives 2010 Asia Pacific Frost & Sullivan Award for New Product Innovation Award in Polymerization Catalysts - TOYOBO Co., Ltd was recently presented the 2010 Asia Pacific Frost & Sullivan Award for New Product Innovation Award in the field of Polymerization Catalysts
TOYOBO Receives 2010 Asia Pacific Frost & Sullivan Award for New Product Innovation Award in Polymerization Catalysts

 

NewswireToday - /newswire/ - Singapore, Singapore, 2011/02/21 - TOYOBO Co., Ltd was recently presented the 2010 Asia Pacific Frost & Sullivan Award for New Product Innovation Award in the field of Polymerization Catalysts.

   
 
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With customers' dependence on polyester products consistently increasing demand in the global market, there is a need to optimize the catalysts employed in industrial production processes.

As a response to the challenges of existing polyester catalysts, Toyobo has developed its heavy metal-free aluminum-based 'TOYOBO GS Catalyst'™, which is environmentally friendly, has no adverse effect on health, and offers high performance in terms of conversion, selectivity, and product quality.

Compared to the existing antimony and titanium-based catalysts, the catalyst from Toyobo does not result in any discoloration. In terms of thermal and thermo-oxidative stability of the polyester, the new 'TOYOBO GS Catalyst'™ works better than titanium catalysts resulting in polyester products that degrade along with its thermal history.

"TOYOBO's innovation is a reflection of the company's initiatives in furthering advancements through core technology management and expanding their research networks with overseas facilities," said Christina Priya Dhanuja, Senior Research Analyst for Frost & Sullivan's Technical Insights practice.

She continues,"Capitalizing both on the catalyst's performance features and its strong R&D expertise in catalyst technologies, Toyobo is expected to set a benchmark in the polymerization catalysts industry. Mainly because the 'TOYOBO GS Catalyst'™ has been developed to address key challenges of environmental impact and PET product quality, it has a higher customer acquisition potential than the existing catalysts."

"Polyester is one of the most important substance and technology of business for TOYOBO and we have been dedicating our resources to developing new Polyester technology," said Ryuzo Sakamoto, President of TOYOBO. "The goal of our research work on catalysts is to provide a solution to meeting market needs and it is a great privilege for us to receive this honorable award in the field of polymerization catalysts."

The Frost & Sullivan Best Practices Awards recognize companies in a variety of regional markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify the best practices in the industry.

About TOYOBO Co., Ltd
Headquartered in Osaka, Japan, TOYOBO (toyobo.co.jp) was founded in the year 1882 as a textile company. Over the years, the company has emerged a leading developer of technologies and products in polymerization, modification, processing and biotechnology. The company's extensive product portfolio and technology expertise is indicative of a strong R&D and product development force that is committed to offering the best solutions for its customers. Of particular note is the company's strategy in formulating a new medium-term management plan that is to be implemented through the fiscal year ending March 2014. To TOYOBO's credit, the company has adopted a strategic vision to become the category leader for providing new value in the environment, life science, and high-function product fields.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
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TOYOBO Receives 2010 Asia Pacific Frost & Sullivan Award for New Product Innovation Award in Polymerization Catalysts

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