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New Teijin facilities in Thailand
Source：Plastics News Asia
Date Published：9/11/2019 10:09:06 PM
Teijin Limited has began operation of its resin compound plant and technical center in Thailand
Teijin Limited has commenced operations of its ASEAN compound plant and technical center at Teijin Corporation (Thailand) Limited in Bang Pa-in Industrial Estate, Ayutthaya, Thailand.
The new plant and R&D facility are Teijin’s third resin-related R&D hub in Asia, following the facilities in Japan and China. The three Asian hubs will collaborate to meet the global demand for new resin compounds, focusing on the automotive and electronics sectors.
Economic and population growth are stimulating the demand for high-performance resin products, so needs for resin compounds are also on the rise 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 center 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.