24 June 2014
Details
The new joint venture
will be established on the premises of
Teijin (Thailand) Limited
located in Bang Pa-in Industrial Estate, Ayutthaya,
in June. It will begin operating with
a 16,000-ton annual capacity from October 2015.
The company will start with
capital of 380 million baht (11.7 million USD),
which will be shared in the ratio of
* Teijin 10%,
* Teijin Frontier 56.66% and
* Ayaha 33.34%.
The new tire cord plant
will be equipped with
twisting, weaving and adhesion facilities.
Combining
Teijin and Ayaha’s advanced processing technologies and
Teijin Frontier’s converting capabilities,
the plant will produce
* highly processed rayon, aramid and
PEN (polyethylene naphthalate) tire cords
for high-performance tires that
will help meet the expanding demand for
automotive fuel efficiency.
It also will produce
* polyester and nylon tire cords
for general tires.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
