Teijin

Teijin Ltd. celebrated the groundbreaking of its new carbon-fiber production facility in Greenwood, South Carolina, through its subsidiary Teijin Carbon Fibers Inc. The facility is expected to create 220 jobs with $600 million investment around 2030.

Teijin is building a compounding and R&D complex in Ayutthaya, Thailand, with a capacity of 10,000 t/y for polycarbonate and future PPS. The JPY 1.5 billion ($13 million) facility is expected to start up in 2019.

Teijin Limited will invest around JPY 3 billion (USD 26 million) to increase capacity of its MIRAIM high-performance microporous membrane at the Matsuyama Factory in Japan, targeting operations to begin in early 2019.

Teijin announced it will integrate its subsidiary Toho Tenax Co., Ltd. on April 1, 2018, and rename its regional subsidiaries to Teijin Carbon Europe GmbH, Teijin Carbon America, Inc., and Teijin Carbon Singapore Pte. Ltd.

Teijin announced total investments of approximately $320 million for the new carbon fiber production facility in the U.S. and a precursor capacity expansion at Toho Tenax's factory in Mishima, Japan.

Teijin announced it will establish a new carbon fiber production facility in Greenwood, South Carolina, through its wholly owned subsidiary Teijin Carbon Fibers, Inc. The facility is expected to begin operating by the end of FY 2020.

Indorama has agreed to acquire DuPont Teijin Films, a joint venture between DowDuPont and Teijin, for an undisclosed amount. The acquisition includes eight production sites in the US, Europe, and Asia, and an innovation center in the UK.

Indorama Ventures Public Company Limited finalized an acquisition deal with DuraFiber Technologies for its Mexico operations, gaining Mexico's sole domestic tire cord fabric producer.

Teijin Ltd. completed the acquisition of all shares of Continental Structural Plastics Holdings Corp. for $825 million on January 3, 2017, making CSP a wholly-owned subsidiary.

Teijin Ltd. announced it will invest $600 million to build a carbon fiber plant on a 440-acre site in Greenwood County, South Carolina, creating 220 new jobs. The facility will produce carbon fiber for the automotive and aerospace industries.