# 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.

- Type: Acquisition
- Announced: 2026-08-25
- Where: Bangkok, Thailand
- Status: announced
- Products: airbag yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Toyobo](https://endata.com/companies/7774.md) (acquirer)
- [Indorama Polyester Industries PCL](https://endata.com/companies/50766.md) (partner)
- [Toyobo Indorama Advanced Fibers Co., Ltd.](https://endata.com/companies/94030.md) (target)

## Sources

- [toyobo-global.com](https://www.toyobo-global.com/news/2026/release_835.html), 2026-08-26: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.