Teijin Limited announced that it would integrate its industrial-application polyester fibres business and the Products Converting Business Group to form the new Fibres & Products Converting Business Group next April 1, aiming to strengthen and expand these businesses under a new structure. Industrial-application polyester fibres are currently part of the High Performance Fibres Business Unit, which is in the Advanced Fibres & Composites Business Group. The unit will specialise in aramid fibres business after the reorganisation.
The reorganisation will establish a structure for providing maximum customer value with existing polyester and aramid-fiber products and services for industrial applications.
The Fibres & Products Converting Business Group will strengthen the competitiveness of Teijin’s polyester fibres businesses and develop solutions based on Teijin’s highly competitive materials.
For full report, read January 2016 edition of ITJ.