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