The Netherlands-based Teijin Aramid has announced plans to increase capacity for its Twaron® para-aramid high-performance yarn by more than 25 percent within the next five years. The company has a goal of growing the aramid business at a rate of 8-percent per year to meet future market demand. Teijin Aramid reports it has successfully increased production capacity for Twaron by 130 percent since 1999.
“This new investment in increased capacity will help us, as market leader, to meet market demand, anyplace and anytime,” said Gert Frederiks, CEO and president, Teijin Aramid. “It’s our strategy to continuously invest in both optimizing our production facilities and in increasing our Twaron capacity. This will enable us to provide our customers with best-value products, in the right quantity, the right quality, and at the best price.”