Teijin Extends Contract to Supply Carbon Fiber to Bombardier for AIRBUS A220

TOKYO–(BUSINESS WIRE)–Teijin
Limited
announced today that it has been awarded a contract to
supply its Tenax carbon fiber material to Bombardier
Aerostructures and Engineering Services
for another seven years
until 2025.


Teijin focuses on aircraft business as one of the growth strategies in
its medium-term management plan for 2017-2019 and is intensively
accelerating its development of mid- to downstream applications, such as
cost-effective carbon fibers with higher-tenacity and higher-tensile
modulus, intermediate materials including Tenax TPUD, carbon
fiber thermoplastic consolidated laminate (Tenax TPCL), thermoset
prepreg and non-crimp fabric. Going forward, Teijin intends to further
strengthen its carbon fiber and its intermediate material business as a
leading solution provider for aircraft applications, targeting annual
sales in this field in excess of USD 900 million by around 2030.

Teijin was awarded a contract by Bombardier to supply Tenax for
major primary and secondary composite structures in 2010 and Tenax
Carbon Fiber has been used for primary structure applications including
wing, center wing box structures and empennage applications.

About the Teijin Group

Teijin (TOKYO: 3401) is a technology-driven global group offering
advanced solutions in the areas of environmental value; safety, security
and disaster mitigation; and demographic change and increased health
consciousness. Its main fields of operation are high-performance fibers
such as aramid, carbon fibers & composites, healthcare, films, resin &
plastic processing, polyester fibers, products converting and IT. The
group has some 170 companies and around 19,000 employees spread out over
20 countries worldwide. It posted consolidated sales of JPY835 billion
(USD 7.6 billion) and total assets of JPY 986.2 billion (USD 9 billion)
in the fiscal year ending March 31, 2018.
Please visit www.teijin.com

Contacts

Nana Saito
Corporate Communications Department
Teijin Limited
+81
3 3506 4055
pr@teijin.co.jp

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