— Participating for the First Time in JEC World 2023, One of the World’s Leading International Composites Events —

The JEC Group of France, which promotes the development of the composite material industry and technology, has been hosting the awards every year since 1998. The awards recognize the world's most innovative composite material products and technologies, and it was the first time that Toyota Industries received this award.

Toyota Industries was recognized for its recycling technology that enables spinning carbon fiber from used CFRP and recycling them into high-quality yarns, thereby significantly reducing CO2 emissions and waste throughout the CFRP life cycle. The comprehensive CFRP recycling system is also made possible by combining crucial technologies: specifically, the manufacturing technology for producing recycled CFRP products through weaving, molding and processing from recycled yarns and the advanced computer-aided engineering (CAE) and inspection technology for product design, performance evaluation and quality assurance. The completion of this system is expected to promote the use of CFRP in a broad range of industries and companies and contribute to its widespread use.