Go Matsuoka, General Manager High Performance Fibers Sales Section at Toyobo MC and Jorn Boesten, Senior Marketing Manager Marine & Industrial Fibers for Dyneema® at Avient
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GELEEN, Netherlands – March 10, 2025 – Dyneema®, owned by Avient Corporation (NYSE: AVNT), an innovator of materials solutions, is proud to announce a strategic collaboration with Toyobo MC Corporation, based in Kita-ku, Osaka. This collaboration aims to promote the use of high-performance high-modulus polyethylene (HMPE) fiber for mooring systems in floating offshore wind turbines (FOWT) in the Japanese market, leveraging the expertise of both companies to drive growth and innovation in the renewable energy sector.
As part of this collaboration, Dyneema® and Toyobo MC will work closely to develop the Japanese market and offer a reliable supply of HMPE fiber. The combined efforts will build upon the successful deployment of HMPE fiber-based ropes in several European and Japanese FOWT projects, such as Wind Float Atlantic, Kincardine, and Stiesdal TetraSpar. By leveraging the proven track record of Dyneema® DM20 fiber in commercial projects, the collaboration will help to provide the Japanese market with access to a high-quality, dependable supply of HMPE fibers that are well-suited to the specific demands of the floating wind industry.
"The agreement between Dyneema® and Toyobo MC comes at a pivotal moment for the Japanese offshore wind market. Our combined expertise in fiber technology and market presence will accelerate the adoption of HMPE fiber solutions,” said Pieter Lemstra, Global Business Director, Maritime and Industrial Fibers for Dyneema® at Avient. “Together, we will contribute to the progress toward Japan's renewable energy ambitions to help enable clean and secure energy for the future."
According to the Strategic Energy Plan by Japan’s Ministry of Economy, Trade, and Industry, demand for FOWT mooring systems is expected to increase rapidly in Japan starting in 2028. By working together, Dyneema® and Toyobo MC will enable the Japanese market to capitalize on the combined knowledge gained from both the European and Japanese floating offshore wind power sectors.
About Avient
Our purpose at Avient Corporation (NYSE: AVNT) is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world. Our local touch and customer engagement, combined with our global presence, allows us to serve customers with agility. We harness the collective strength of more than 9,000 employees worldwide to collaborate and build on each other’s ideas. In doing so, we innovate solutions that help our customers overcome their challenges or capitalize on opportunities provided by the fast-changing world and secular trends. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world’s strongest fiber™. By intersecting our broad portfolio of technologies with the product roadmaps of our customers, we help create differentiated and high-performance products that make the world better and more sustainable. Visit www.avient.com to learn more.
About Toyobo MC Corporation
TOYOBO MC Corporation began operations in April 2023 as a joint venture between Toyobo Co., Ltd. and Mitsubishi Corporation. Our goal is to contribute to solving social issues throughout the world by expanding functional materials, using Toyobo’s long-standing technical expertise and Mitsubishi Corporation’s global network and business know-how. In this joint venture, we are not taking a conventional approach such as just having Toyobo manufacture the products and Mitsubishi Corporation simply sell the products. Both companies will actively be involved in managing the business, and by self-reforming, we plan to enhance our corporate value. By doing this, we hope to make Japan’s functional materials something that is invincible in the worldwide industry. Our main products include engineering plastics, copolymerized polyester resins, high performance fibers, VOC recovery apparatus, and water treatment membranes. For more information, visit https://en.toyobo-mc.jp/.
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Media Contact
Crandall Turner
Avient Corporation
crandall.turner@avient.com
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