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4th February 2011, Tokyo

Teijin combines carbon fibres & composite materials businesses

Teijin Limited has announced that on 1st April it will integrate its carbon fibres and composite materials business units into the new Carbon Fibers & Composites Business Group, aiming to accelerate expansion of its advanced composite materials business, one of the main components of Teijin’s long-term growth strategy.

Operating under the direct management of President and CEO Shigeo Ohyagi, the integrated group will enable Teijin to develop composite materials business more strategically, and strengthen both sales and profitability of its carbon fibre and composite materials businesses.

The Carbon Fibers and Composites Business Group will comprise Toho Tenax Co., Ltd. and its subsidiary companies now in the current Carbon Fibers Business Group, which will be abolished as of April 1, the Teijin Composites Innovation Center and GH Craft Ltd.

Based in Tokyo and Osaka, Japan, Teijin is a global technology-driven group operating in eight main fields: aramid fibers, carbon fibers, polyester fibers, plastics, films, medical & pharmaceuticals, fiber products marketing and IT businesses. Teijin Limited, the holding company for the Teijin Group, is listed on the Tokyo and Osaka stock exchanges. The group had consolidated sales of USD 8.5 billion (JPY 765.8 billion, USD 1=JPY 90) in fiscal 2009 and employs 18,778 people worldwide, with 156 companies around the world.

Teijin's new structure

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