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Teijin to invest Yen 1.5 bn to set up para-aramid fibre plant in Japan

The company will begin construction of the new plant in June this year and aims to start operation from October 2017

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BS B2B Bureau Tokyo, Japan
Teijin Limited will expand Technora para-aramid fibre production by 10 percent by increasing capacity at its Matsuyama factory in Japan. The company will begin construction of the new plant, which will involve investment of Yen 1.5 billion, in June this year with operation slated to begin from October 2017.
 
Teijin and the group’s core aramid-fibres business Teijin Aramid BV will jointly expand the worldwide sales of Technora in response to increasing market demand worldwide.
 
High-performance composite materials offering new value are one of the four business pillars in the Transformation and Growth Strategies of Teijin’s current medium-term business plan. Promising fields for Teijin’s high-performance fibres include infrastructure and energy, safety, functional paper and filters, and mobility. By boosting Technora capacity, the company is putting a higher priority on leveraging high-performance materials in advanced solutions to meet diverse demands in the global market.
 
 
Renowned for their strength, tensile modulus and resistance to impact, Teijin’s Twaron, Technora para-aramid fibres are used worldwide for applications including reinforcement materials for automobile rubber parts and composites to civil engineering ropes and cables, and protective clothing. Technora is produced by Teijin Limited in Japan and Twaron is produced by Teijin Aramid in the Netherlands.

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First Published: Mar 30 2016 | 3:45 PM IST

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