Home / Knowledge / News / Textiles / Teijin to reorganize High Performance Fibers Business
Teijin to reorganize High Performance Fibers Business
07
Feb '09
Teijin Limited announced that it will reorganize its High Performance Fibers Business Group into two new groups named Aramid Fibers Business Group and Carbon Fibers Business Group that separately handle aramid fibers and carbon fibers effective April 1, 2009. The reorganization will increase Teijin's business groups to eight.

Since reorganizing under a holding company in 2003, Teijin has operated with seven groups responsible for polyester fibers, high-performance fibers, films, plastics, medical and pharmaceutical, fiber products marketing and IT business. The new groups responsible for aramid fibers and carbon fibers each will be under the direct supervision of the company's CEO to facilitate fast decision-making and investment.

The High Performance Fibers Business Group has been handling both aramid and carbon fibers, two of Teijin's most important high-performance fibers in terms of market share. Teijin's STEP UP 2006 medium-term business plan defined both fibers as core business domains and has targeted them for strategic investment and development.

As part of this strategy, Toho Tenax Co Ltd was made a wholly owned subsidiary in September 2007 to reinforce competitiveness in carbon fibers. With high growth forecast for aramid and carbon fibers over the long term, Teijin will continue to position both as core businesses in its new medium-term business plan for 2009-2011.

The Aramid Fibers Business Group will comprise 13 group businesses and subsidiaries, including Teijin Techno Products Limited, its core company, along with Teijin Aramid B.V. and other companies. The Carbon Fibers Business Group will comprise Toho Tenax, its core company, and seven other companies, including Toho Tenax Europe GmbH.

Subsidiaries of Teijin Techno Products, Teijin Aramid and Toho Tenax will be in the same groups as their parent companies.

Teijin Limited


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search