Teijin will integrate its industrial-application polyester fibers business and the products converting business group to form the new fibers and products converting business group. The aim is to strengthen and expand these businesses under a new structure.
Industrial-application polyester fibers are currently part of the high performance fibers business, which is in advanced fibers and composites business group. The unit will specialise in aramid fibers business after the reorganisation. The reorganisation will establish a structure for providing maximum customer value with existing polyester and aramid fiber products and services for industrial applications. It will also facilitate new development activities.
The new business group will strengthen competitiveness of Teijin’s polyester fiber businesses and develop solutions based on Teijin’s highly competitive materials. For apparel applications, it will strengthen development through the establishment of an extra-reliable supply chain that integrates R&D and raw material and fiber production with existing textile processing and sewn products supply functions.
The group will develop an integrated system—from production to sales—and leverage the expertise of existing products converting business group by complementing business functions in polyester fibers for industrial applications. The decision to form the unit was based on Teijin’s recognition of synergies between its development and production functions for polyester fibers and processing technologies and marketing functions for textiles.