Teijin acquires Renegade

Teijin Limited has completed the acquisition of all the shares of Renegade Materials Corporation (Renegade), a leading North American supplier of highly heat-resistant thermoset prepreg for the aerospace industry. The acquisition was completed on August 1. 

 

The acquisition of Renegade will allow Teijin to expand its aerospace business, including next-generation aircrafts’ engine parts. Teijin will benefit from Renegade’s well-established proprietary technologies and capabilities in thermoset prepregs that incorporate highly heat-resistant resins. Renegade develops and manufactures unique thermal-cycle resistant prepregs made from low-toxicity raw materials.

 

Teijin is strengthening its carbon fiber and intermediate materials businesses to solidify its position as a leading provider of solutions for aerospace applications. Teijin is targeting annual sales in this field in excess of USD 900 million by around 2030.