Teijin Chemicals to Enhance Optical Film Development Capabilities

Teijin Chemicals, Ltd., the Teijin Group's resin and plastic processing business arm, announced today that it will install new equipment at its Matsuyama Plant in Ehime prefecture, Japan that will be able to process resin into film with superior optical properties, enabling the company to develop products to meet increasingly diverse and sophisticated customer needs. The new equipment, which has an annual production capacity of 1 million m2, will begin operation in August.

Using various polymers such as polycarbonate and acrylic, Teijin Chemicals will be able to produce optical films with unprecedentedly smooth surfaces for a range of applications. Potential applications may include high-quality conductive films for touch panels offering a high degree of transparency, heat resistance and gas barrier properties, as well as films applied to internal and external vehicle panels that will replace the need for paint or plating, lowering vehicle weight and environmental burden. The company also expects to contribute to the development of larger, higher definition displays for smartphones, flat-panel screens and other devices.

As part of its medium to long-term management vision, Teijin Chemicals has been focusing on downstream business expansion and the development of high performance, high value-added, versatile resin products as a strategy for growth.

Teijin (TSE 3401) is a technology-driven global group offering advanced solutions in the areas of sustainable transportation, information and electronics, safety and protection, environment and energy, and healthcare. 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 150 companies and around 17,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY 854.4 billion (USD 10.7 billion) and total assets of JPY 762.1 billion (USD 9.5billion) in the fiscal year ending March 31, 2012.

Source: Teijin Chemicals