Teijin Aramid said it will increase the production capacity for its Twaron® super fiber by more than 25 percent. This additional capacity will become available within the next five years (year 2022).
Teijin Aramid is currently implementing a new spinning technology at its Twaron facility in Emmen, the Netherlands, as was communicated in July 2017. The extra capacity of that investment will become available as of May 2018. The demand for Teijin’s high-performance para-aramid fiber Twaron is increasing all the time, and the market outlook is positive. The aramid business is expected to grow at the rate of 8 percent per year, the company said.
With this capacity expansion, Teijin Aramid will be able to meet future market demand and provide its customers with the material they need to excel in their markets.
Teijin Aramid aims to capture a substantial part of the global market growth, which should eventually lead to a future market share bigger than 50 percent.
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