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Teijin Aramid will raise prices for its Twaron products by 7% insofar as existing contracts allow.
According to Teijion, over the past years it has continuously invested in product and process improvements. For the future, Teijin sees the need to adjust its prices to continue its investments in sustainable production techniques and to continue its collaboration with partners on innovative solutions.
“Through its unique combination of properties, Twaron is increasingly used in high-grade applications in various industrial sectors. We will continue to invest in knowledge and expertise that we will actively use with our partners to jointly develop innovative and valuable applications”, says Gert Frederiks, CEO & President of Teijin Aramid.
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