Teijin Ltd. (Tokyo, Japan; www.teijin.com) announced that it will establish a resin compound plant and a related R&D facility at Bang Pa-in Industrial Estate in Ayutthaya, Thailand. The 10,000-metric tons per year (m.t./yr) plant will be built at a cost of around $13 million and is expected to begin operating in mid-2019. The site for the plant, including offices and the R&D facility will be 10,000 m2.
In addition, Teijin is building its polyphenylene sulfide (PPS) compounds business by leveraging proprietary PPS resin technologies from Initz Co., a joint venture between Teijin and SK Chemicals. The initiative will strengthen Teijin’s global response to demands in the automotive and electronics fields.