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9th September 2013, Tokyo

Teijin Frontier to establish new company in Myanmar

Teijin Frontier, the Teijin Group's fibre products converting company, will establish Teijin Frontier Myanmar in Yangon, Myanmar, on 1 October to strengthen Teijin Frontier’s overseas operations and also to further expand the company’s global network.

Strategic global expansion

The new company, in which Teijin Frontier will hold a 99% share and Teijin Frontier Thailand the remaining 1%, will handle production management for Teijin Frontier’s overseas manufacturing network, explore opportunities for new production facilities and conduct domestic market research.

Teijin is a technology-driven global group offering advanced solutions in the areas of sustainable transportation, information and electronics, safety and protection, environment and energy, and healthcare.

“Myanmar is seen as a promising China-plus-one market, and as we focus on strategic global expansion this year, the establishment of this new company will help reinforce sewing productivity and improve our production management capabilities,” said Tetsushi Takenaka, president of Teijin Frontier.

“Teijin Frontier will continue to strengthen its global value chain from raw materials to finished products.”

Teijin Group

Teijin is a technology-driven global group offering advanced solutions in the areas of sustainable transportation, information and electronics, safety and protection, environment and energy, and healthcare.

Its main fields of operation are high-performance fibres such as aramid, carbon fibres & composites, healthcare, films, resin & plastic processing, polyester fibres, products converting and IT. The group has some 150 companies in 20 countries worldwide.

www.teijin.com

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