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6th December 2017, Tokyo

Teijin to integrate carbon fibre subsidiary Toho Tenax

Toho Tenax is the core company of Teijin’s carbon fibres business. Teijin will integrate its subsidiary Toho Tenax, the core company of Teijin’s carbon fibres business, on 1 April 2018. Integrating Toho Tenax within Teijin Limited will help maximise corporate value, specifically by expanding comprehensive capabilities through greater sharing of information, technologies and the optimised deployment of human resources throughout the Teijin Group, the company reports.

The manufacturer expects to strengthen its upstream-to-downstream global business by better leveraging its group synergies in high-performance materials and technology development and know-how.

Teijin’s current growth and transformation strategies are focusing on core strengths in materials and healthcare business fields as the pillars of its operations, as expressed in its medium-term management plan for 2017-2019 Always Evolving. The company is increasingly emphasising its development of strong, lightweight high-performance materials that help offer environmental value solutions to meet demands for higher fuel efficiency in line with intensifying environmental regulations, and businesses focused on the aircraft and automotive fields.

In accordance with the integration, Toho Tenax Europe, Toho Tenax America, and Toho Tenax Singapore will be renamed Teijin Carbon Europe, Teijin Carbon America, and Teijin Carbon Singapore, respectively.

Teijin is a technology-driven group offering advanced solutions in the areas of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Its main fields of operation are high-performance fibres, such as aramid, carbon fibres and composites, healthcare, films, resin and plastic processing, polyester fibres, products converting and IT. The group has some 170 companies and around 19,000 employees spread out over 20 countries worldwide.

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