Teijin Frontier to Establish Fiber Research Lab in Thailand
Teijin Frontier Co., Ltd. the Teijin Group’s fiber-product converting company, announced today that it will establish a R&D facility for fibers including polyester fibers in Thailand. Teijin Frontier Thai Innovation Laboratory (TFTIL) will be located in the Thailand Science Park, a private-sector science and technology hub that the National Science and Technology Development Agency (NSTDA) will open in January 2018.
TFTIL will mainly research polymers as raw materials for polyester and other fibers and related manufacturing and processing technologies, enabling Teijin Frontier to establish a comprehensive production framework for polyester fibers, from polymers R&D to manufacture and processing, all in Thailand. TFTIL also will collaborate with Teijin’s polymerization and fiber’s R&D facility in Matsuyama, Japan and Teijin Product Development China Co., Ltd. in Nantong, China as three strategic R&D hubs in Asia. In addition, TFTIL will enable Teijin Frontier to easily collaborate with Thai governmental R&D bodies based in NSTDA to develop high-performance, high-quality and cost-competitive products.
Teijin Frontier is strengthening its nurture of excellent personnel to assume key roles in an expanding range of R&D initiatives to support the company’s production and technology operations in Thailand. Through such efforts, the company expects to enhance its response to global demands for polyester fibers that offer diverse functions, applications and markets.
Teijin Frontier has established comprehensive operations for fiber, fabric, textile-processing and sewn-product production and sales in Thailand, the hub of Teijin Frontier’s global polyester fiber business. The company’s global polyester fiber business is supported by free trade agreements, such as the ASEAN-Japan Comprehensive Economic Partnership and the ASEAN China Free Trade Agreement.
About the Teijin Group
Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in the areas of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has some 170 companies and around 19,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY 741.3 billion (USD 6.5 billion) and total assets of JPY 964.1 billion (USD 8.5 billion) in the fiscal year ending March 31, 2017.