Teijin Establishes New Thai Subsidiary

TOKYO — October 21, 2013 — Teijin Limited announced today the establishment of Teijin Corporation
(Thailand) Limited, a wholly owned subsidiary that will produce and sell newly developed
meta-aramid fiber starting in July 2015. Production will be handled at a new facility to be
constructed on the premises of Teijin (Thailand) Limited in Ayutthaya Province beginning this
December.

 

The company also will handle production and sales of converted products of the new
meta-aramid fiber, which offers unprecedented heat resistance and excellent dyeing properties.
Ultimately, the Teijin Group aims to establish a cost-competitive network for global sales of
protective apparel utilizing the new Thai company’s capabilities.

Teijin Corporation (Thailand) will additionally serve as a sales base for the Teijin Group’s
proprietary Panlite® polycarbonate resin and processed products, strengthening Teijin’s capability
to develop sales in Asia, one of its high-priority markets.

 

The new subsidiary, which was officially set up on September 30, is headquartered on the
premises of Teijin Polyester (Thailand) Limited in Pathum Thani Province.

Teijin is strengthening operations in Thailand under a strategy to expand business in the
emerging economies of Asia and other regions. Thailand, already a global production and processing
base for the Teijin Group’s polyester fiber business, is a promising market with growing demand for
chemical and fiber products.

Posted November 12, 2013

Source: Teijin Group

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