Teijin Aramid, a global leader in aramid high performance fibres in the Netherlands, Thailand and Japan, has appointed Peter ter Horst as the president and chief executive officer (CEO), effective April 1, 2020. Horst succeeds Gert Frederiks, who will continue in an advisory role before retiring one year later after an impressive career at Teijin.
Horst joined Teijin Aramid in 2006 and brings a lot of relevant experience to his new role as CEO. He has held the position of chief financial officer (CFO) at the company since 2011 and held strategy and controller positions previously. Teijin Aramid is part of the Japanese Teijin Group, and is a major business driver as part of Teijin’s materials business, according to a press release by the company.Teijin Aramid, a global leader in aramid high performance fibres in the Netherlands, Thailand and Japan, has appointed Peter ter Horst as the president and chief executive officer (CEO), effective April 1, 2020. Horst succeeds Gert Frederiks, who will continue in an advisory role before retiring one year later after an impressive career at Teijin.#
Frederiks and Horst worked closely together in creating a solid platform for business growth since the early 2010’s. During this period, Horst led continuous improvements within the company focusing on cost leadership and investments in new technologies, products and capacity. This laid the foundation of current solid business performance and opportunities for further growth. As a result, Teijin recently announced production capacity increase in Delfzijl and Emmen, in the Netherlands, contributing to 25 per cent targeted capacity increase from 2017-2022.
“I am honoured to follow the footsteps of Frederiks and thank him for his leadership the past decade. I have been privileged to work together with him in building the business to where we are today. We continue to reinforce our customer's businesses and create high-performance products that are stronger, lighter and more durable. I am excited to work together with all our customers worldwide. I also look forward to working with all the talents within Teijin and Teijin Aramid, our partners and suppliers to reach our ambitions for stable growth and our never ceasing contribution to a sustainable world,” Horst said.
Fibre2Fashion News Desk (GK)
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