01 May 2018
01 May 2018
Teijin has announced the establishment of Teijin Carbon Shanghai in China and Teijin Carbon Taiwan in Taipei as sales affiliated companies to capitalise on the expanding demand for carbon fibre and strengthen Teijin’s global business capabilities.
Both companies will serve as bases to develop carbon fibre business and expand sales in their markets. Offices were previously established in Shanghai in December 2002 and Taipei in April 2014 to identify demand opportunities and provide customer service in China and Taiwan. These two offices now have been absorbed by the new subsidiaries.
Internal collaborations will also be developed with Teijin Carbon Singapore, an existing Southeast Asian carbon-fibre affiliated company, to strengthen Teijin’s presence in the fast-growing Asian region.
Demand for carbon fiber is growing in China, Taiwan and Southeast Asia, the company reports, as rising standards of living are stimulating increased demand for high-end sports and leisure goods made with carbon fibre. In addition, increasing environmental measures and infrastructure upgrades are expected to expand the use of carbon fibre for industrial applications such as wind turbines, civil engineering and pressure vessels.
Continental Structural Plastics (CSP) will install a sheet moulding compound (SMC) production line at its facility in Pouance, France, to support the need for its composite formulations in Europe.
Solvay has celebrated the groundbreaking of its Greenville, Texas, US, manufacturing footprint expansion that increases the site’s resin mixing capacity to meet the growing needs of commercial and military aerospace composite customers.
Covestro is pushing ahead with developing and marketing its continuous fibre reinforced thermoplastic (CFRTP) composites by introducing Maezio as brand name.