Toray Plastics (America), Inc., Names New Director of Sales and Marketing, Lumirror® Polyester Film Division


North Kingstown, RI (August 13, 2008)-Toray Plastics America, Inc. (www.torayfilms.com), North America's only manufacturer of precision-performance, value-added polypropylene and polyester films, announces the appointment of Milan Moscaritolo to the position of Director of Sales and Marketing for the Lumirror® Polyester Film Division. Moscaritolo joined Toray Plastics (America), Inc., in 2005 as Sales Manager for the Lumirror Division. He brought to that assignment 18 years of experience in the polypropylene-films industry working with Bollore Technologies and AET Films in capacitor and packaging markets. Moscaritolo's leadership will further support Toray Industries' ongoing Localization Program, a global growth strategy that calls for locally based management.

"Milan Moscaritolo has been instrumental in driving the growth of the Lumirror Division," says Scott Van Winter, Director and General Manager, Lumirror Division. "We are very pleased to recognize his efforts and look forward to the continued success of our polyester business."

Toray Plastics (America), Inc.'s Lumirror Division is responsible for the research, development, and manufacture of a wide range of value-added polyester films for packaging and industrial end users. Among the diverse advanced film technology applications are stand-up pouches and lidding on the packaging side, and solar windows, graphics, electronics, durable goods and in-mold labels, and wire and cable insulation, on the industrial side.

Toray Plastics (America), Inc., is a leading manufacturer of polyester and polypropylene films for flexible and rigid packaging, lidding, graphic, industrial, optical, and electronic applications. The company is a subsidiary of Toray Industries, Inc., the world leader in synthetic fibers and textiles, carbon fibers, plastics, chemicals, pharmaceuticals, and high-performance films. Annual sales exceed US$12 billion. Visit the Toray Plastics (America), Inc., Web site at www.TorayFilms.com. For more information about Toray's entire line of polyester and polypropylene films, contact Eric Bartholomay, Product Development Manager, at eric.bartholomay@toraytpa.com. Toray Plastics (America), Inc. is located at 50 Belver Avenue, North Kingstown, RI 02852-7500 telephone 401-294-4511, fax 401-294-1480.

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