Economic and population growth are stimulating the demand for high-performance resin products, so needs for resin compounds are also expanded in the ASEAN region.
Teijin is currently meeting this demand through its compound production facilities in Japan and China and subcontractor factories across the ASEAN region. The new plant will provide the company with the capacity to meet that growing demand more quickly.
Teijin is marketing high value-added resin products, leveraging the resin compound expertise it has accumulated over many years and is positioning the new technical centre in Thailand as a development hub for the ASEAN region.
The company intends to accelerate its business expansion by strengthening its product development capabilities and focusing these on the fast-growing Chinese and ASEAN markets.
Noboru Yamanishi, general manager of Teijin’s Resin & Plastic Processing Business Unit, commented: “These newly established production and development capabilities will allow Teijin to meet the demand for compound resin products that address the need for further weight reduction and enhanced functionality of next-generation automobile and communication device.
“We aim to contribute to the further development of the region by collaborating proactively with ASEAN customers and partner companies in order to provide innovative products that meet diverse needs. “
