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Toyobo to acquire remaining 50% stake in Toyobo Indorama Advanced Fibers · Endata

◂ Announcements

Industrial Textilesworld trade 2024+2.0% 5Y CAGR

Aug 25, 2026ACQUISITIONBangkok, Thailand

Toyobo to acquire remaining 50% stake in Toyobo Indorama Advanced Fibers

Toyobo resolved to acquire the remaining 50% stake in Toyobo Indorama Advanced Fibers Co., Ltd. (TIAF) from Indorama Polyester Industries PCL, making TIAF a wholly owned subsidiary. TIAF is an airbag yarn manufacturer in Bangkok, Thailand.

Status

Announced

Productsairbag yarn

CompaniesToyobo acquirer Indorama Polyester Industries PCL partner Toyobo Indorama Advanced Fibers Co., Ltd. target

Sectors#Industrial Textiles

“By entering into this agreement to acquire IPI's 50% in TIAF, which will make TIAF a wholly owned subsidiary, the Company aims to further strengthen Toyobo Group's integrated business management in the airbag sector.”toyobo-global.com

1 source
toyobo-global.comNotice regarding Acquisition of Remaining Shares in Toyobo Indorama Advanced Fibers to Achieve Full Ownership | News | TOYOBOAug 26, 2026

Summarized from public sources; check the original articles before acting on it.

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