Thailand: Polyester Production Teijin Establishes Resin Compound Plant in Thailand
Teijin will establish a resin compound plant and a related R&D facility in Bang Pa-in Industrial Estate,Ayutthaya, Thailand. The 10,000-tons-per-annum plant will cost approximately $ 13 million and is expected to begin operating in mid-2019.
Tokyo/Japan — The site for the plant, including offices and the R&D facility, will cover 10,000 m2. According to a statement released by the company, the new plant and R&D facility will give them a framework for responding faster to demands in the Asean region. The new R&D facility will become Teijin’s third resin-related R&D hub in Asia, following the Plastics Technical Center, Teijin’s compound-development facility in Chiba, Japan, and Teijin Chemicals Plastic Compounds Shanghai Ltd. in China. The manufacturer announced that they would consider expanding the new facility depending on further growth in demand.
In addition, the company is building up its polyphenylene sulfide (PPS) compounds business by leveraging proprietary PPS resin technologies of Initz, a joint venture between Teijin and SK Chemicals.
Teijin aims to continue growing its resin compounds business in the Chinese and Asean markets. Currently, the company is meeting demands in these markets through its compound production and technology sites in Japan and China, and subcontractor factories in the region. In Thailand, the strategic hub of the Group’s polyester-fiber global production for more than 50 years, a wholly owned subsidiary was set up in Bangkok in September 2013 to handle sales of resin products.