Teijin partners with China Chemical Fibers Association
28 Mar '12
4 min read
In April 2010, Teijin (CChina) Investment Co., Ltd. was established in Shanghai to oversee the group's ongoing expansion in China and promote the development of markets, businesses and related investment. The group aims to expand current sales in China by three to four times by around 2020.
Teijin is a global technology-driven group operating in eight main fields: aramid fibers, carbon fibers & composites, polyester fibers, plastics, films, medical & pharmaceuticals, fiber products marketing and IT businesses. Teijin Limited, the holding company for the Teijin Group, is listed on the Tokyo and Osaka stock exchanges. The group, comprising 150 companies and 17,542 employees worldwide, had consolidated sales of JPY 815.7 billion (USD 10.6 billion) and total assets of JPY 761.5 billion (USD 9.9 billion) in the fiscal year ending March 31, 2011.