- Published on Tuesday, 15 November 2011 00:48
- Written by Staff Reporter
JAPAN - Teijin Limited recently announced that DuPont Teijin Films will increase its production of polyester film at DuPont Hongji Films Foshan Co (DPHJ) in Guangdong, China, as part of an Asian market expansion strategy.
DPHJ is a joint venture between FSPG Hi-Tech Co Ltd and DuPont Teijin Films - Teijin’s global joint venture partnership with E.I. du Pont de Nemours and Co.
With a capital expenditure of US$78 million, DPHJ will acquire a new site in NanZhuang in the ChanCheng district of Foshan City to construct two polyester film lines, one for thick film and the other for thin film production.
The thick film line, which will be established by relocating a currently inactive production line from overseas to the new site, will be used for the expanded production of competitive products for mainly photovoltaic backsheet. Operations is expected to start by the second half of 2012.
Meanwhile, the thin film line will be constructed for the expanded production of competitive products for mainly dry film resists and flat panel displays. Operations will begin in 2013.
This recent developments is expected to increase DPHJ's annual polyester film production capacity in Foshan from 50,000 tons to 77,000 tons.
About the Teijin Group
Based in Tokyo and Osaka, Japan, Teijin is a global technology-driven group operating in eight main fields: aramid fibers, carbon fibers & composites, polyester fibers, plastics, films, medical & pharmaceuticals, fiber products marketing and IT businesses. Teijin Limited, the holding company for the Teijin Group, is listed on the Tokyo and Osaka stock exchanges. The group, comprising 150 companies and 17,542 employees worldwide, had consolidated sales of JPY 815.7 billion (US$10.6 billion) and total assets of JPY 761.5 billion (US$9.9 billion) in the fiscal year ending 31 March 2011.