Japan-based chemical company Teijin is planning to expand its Technora para-aramid fibre production capacity by 10% at the company's facility in Matsuyama.
Construction of the new facility will start in June this year with an investment of JPY1.5bn ($13.3m), with operation expected to begin from October next year.
Teijin, along with its main aramid-fibres business division, Teijin Aramid, will jointly expand the worldwide sales of Technora in order to meet the product's growing market demand across the globe.
Teijin's transformation and growth strategies, which are a part of its current medium-term business plan, include high-performance composite materials such as high-performance fibres, which is a promising field for the infrastructure and energy, safety, functional paper and filters, and mobility sectors.
Developed by Teijin, Technora is a para-aramid fibre made from co-polymers.
The product, which has been commercially available since 1987, is said to feature high-tensile strength and resistance to impact, fatigue, chemicals, moisture, and heat, and is used in several applications including reinforcement materials for transmission belts.
Teijin's aramid fibres portfolio, that includes Twaron, Technora, Teijinconex and Teijinconex neo, is used across the globe for various applications such as automobiles, ballistic protection, marine products, civil engineering, protective clothing, and oil drilling.
Twaron para-aramid fibere is produced at Teijin Aramid facility in the Netherlands, and Technora para-aramid fiber is produced by Teijin in Japan.
With an ability to resist temperatures of up to 400°C, both Twaron and Technora strengthen bulletproof and stab-resistant protective clothing capacities.
They can also be used in automotive brake pads and provide support in tires and fibre-optic cables.