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Teijin Limited announced today that it will enter the high-performance polyethylene (HP-PE) market by establishing its first production facility in Emmen, the Netherlands, aiming to start commercial production in the second half of 2011.
Teijin plans to grow its HP-PE business quickly through innovation and market cultivation, targeting a global market share of 15% to 20% by 2015.
HP-PE, which generally comes in the form of fibers or tapes, is produced with ultra-high-molecular-weight polyethylene (UHMWPE) polymers. Being highly resistant to impact, cutting, wear and chemicals while offering outstanding toughness and strength, HP-PE has a wide range of applications, including reinforced plastics, protective materials, ropes, nets and medical materials.
Teijin Aramid BV and Teijin Techno Products Limited, core members of Teijin's Aramid Fibers Business Group, have been developing HP-PE production processes and products in their respective research facilities in Arnhem, the Netherlands and Iwakuni, Japan. Currently, Teijin produces limited amounts of HP-PE at pilot plants in the Netherlands and Japan.
As the result of these two companies successfully establishing viable mass-production technologies and new production processes, as well as the required product quality on a mass-production basis, Teijin has decided to move forward with its commercial production of HP-PE.
By adding HP-PE to its product portfolio, which also includes para-aramid (Twaron(R)), para-aramid-copolymer (Technora(R)), meta-aramid (Teijinconex(R)) and carbon fibers (Tenax(R)), as well as hybrid products that combine these various specialty materials, the Teijin Group will further pursue a position as a world leader in ultra-high-performance materials.
About Teijin Group
Based in Tokyo and Osaka, Japan, Teijin is a global technology-driven group operating in eight main fields: aramid fibers, carbon fibers, 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 had consolidated sales of USD 8.5 billion (JPY 765.8 billion, USD 1=JPY 90) in fiscal 2009 and employs 18,778 people worldwide, with 156 companies around the world.
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