Japan : Teijin merges two businesses into one division

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Teijin merges two businesses into one division

05
Dec '16

Courtesy: Teijin

Japanese manufacturer of speciality fibres Teijin Limited is merging its industrial application polyester fibres business and the Products Converting Business Group and will form a new Fibres & Products Converting Business division from April 2017. Through this merger and forming a new division, Teijin aims to strengthen and expand these businesses.

According to Teijin, the reorganisation will establish a structure for providing maximum customer value with existing polyester and aramid-fibre products and services, while also facilitating new development activities.

The new division will strengthen the competitiveness of Teijin's polyester fibres businesses as well as develop solutions based on Teijin's highly competitive materials.

For apparel applications, it will strengthen development through the establishment of a reliable supply chain, by integrating R&D, raw material and fibre productions with existing textile processing and sewn products supply functions.

For industrial applications, it will offer high end solutions for automobiles and other segments by reinforcing supply capabilities through the integration of functions, ranging from materials development and processing to final production. (AR)

Fibre2Fashion News Desk – India

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