Teijin will build a new auto parts and materials factory in China | Investment or billions of yen

According to a report on September 17, Teijin, a large Japanese chemical material manufacturer, will build a new plant in China. The factory will produce glass fiber reinforced plastic (GFRP) for automotive parts. The products will be sold to many locals in China. US and European car manufacturers.

Electric car battery with glass fiber reinforced plastic

In recent years, due to the development of China's pure electric vehicle market, the demand for pure electric vehicles continues to expand, and Teijin will increase its competitiveness in the pure electric vehicle market by stepping into the one-stop business from materials to processing.

Teijin's US subsidiary, Continental Structural Plastics (CSP), and China's railway component maker 'VIOALL'' joint venture will build a new plant in Jiangsu Province. The company began its operation in Tangshan, Hebei Province in 2014. The city has established and operated a factory, and its Jiangsu plant is its second production base in China.

The new plant will start construction in September, and strive to be put into operation in 2020. Although Teijin did not disclose the specific investment quota, it is expected to reach several billion yen.

Because glass fiber reinforced plastic (GFRP) not only has lighter characteristics than metals such as steel, but also is easy to process, it can also reduce the total weight and number of auto parts to a certain extent. It is a battery box or structure for producing pure electric vehicles. Preferred materials for parts and components. Due to the rapid development of the pure electric vehicle market and its design in recent years, the demand for lightweight batteries for automobiles has also increased year by year.

It is reported that Teijin will improve the production and supply capacity of materials to speed up the response to market demand. The new factory put into production is closer to the automobile manufacturers of various countries and has considerable advantages in transportation costs. At the same time, Teijin will also propose pure electric vehicles. Battery box and other solutions.

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