Teijin establishes carbon fiber product operations in Vietnam

Teijin Ltd. (Tokyo, Japan) announced that Teijin Carbon Vietnam Co., Ltd. (TCV, Ha Nam, Vietnam) has started operating commercially to manufacture carbon fiber products, including prepreg, a fiber sheet pre-impregnated with matrix resin as an intermediate material for composites. TCV initially will produce carbon fiber materials for sports and outdoor activities, including fishing, golf, bicycle and ice hockey goods, for markets in southeast and south Asia and Asia-Pacific. Sales will be handled by TCV and carbon fiber sales affiliates of Teijin.

TCV, Teijin’s carbon fiber business base in Vietnam, was established in May 2019 to manufacture carbon fiber products, aiming to capitalize on the expanding demand for carbon fiber while strengthening Teijin’s global business capabilities. Teijin’s sales affiliates in Singapore, Shanghai and Taipei will reportedly work to identify demand opportunities as well as provide customer services in Asia.

Increasingly strict environmental measures and the upgrading of environmental frameworks, such as sustainable development goals (SDGs) and the Paris Agreement, are expected to stimulate greater use of lightweight and highly rigid carbon fiber. Demands are reportedly growing in Asia, especially in the fields of sports and outdoor activities, industry and aerospace.