Toray in expanded $8.6 bln carbon fibre deal with Boeing

Japan's Toray Industries said it will be the sole supplier of carbon fibre for Boeing Co's 777X passenger jet in addition to the 787 Dreamliner and expects orders to exceed $8.6 billion for both planes. The new supply contract, which will extend Toray's current one with Boeing for more than 10 years, sent shares in the Japanese company surging 4 percent to a seven-year high. (in.reuters.com) Altro...