Teijin Limited establishes Teijin Corporation (Thailand) Limited, a wholly owned subsidiary that will produce and sell newly developed meta-aramid fibre starting in July 2015. It was officially set up end of September at the premises of Teijin Polyester (Thailand) in Pathum, Thani Province. A new facility, which will be constructed this December on the premises of Teijin (Thailand) Limited in Ayutthaya Province will handle the production.

The company says it will also handle production and sales of converted products of the new meta-aramid fibre, 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 utilising the new Thai company’s capabilities.

The Thai subsidiary will additionally serve as a sales base for the Teijin’s proprietary Panlite polycarbonate resin and processed products, strengthening the group’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.