Teijin announces "Niji" new Twaron® capacity expansion

09-Mar-2005

Teijin Limited and Teijin Twaron BV announce a new production expansion called "Niji" ("Rainbow" in Japanese) for their high-performance fiber Twaron® in their plants in Emmen and Delfzijl. The expansion will result in a 20% increase of the total production volume of Twaron yarn and pulp.

This expansion is the third major capacity increase since the take-over by Teijin of Twaron at the end of 2000.The first step was the successful "Mirai" ("bright future" in Japanese) project, completed in the second quarter 2003, which increased capacity with 50%. The second step was the expansion with a spinning line which will be completed in the third quarter of this year and which will increase capacity with 5-10% depending on product mix.

The project will start in March 2005 and additional yarn and pulp capacity will be available in the second half of 2006. The expansion will encompass monomer and polymer capacity in Delfzijl and spinning capacity in Emmen. The total investment amounts to approximately 140 million Euro, including de-bottlenecking on existing production lines. Total nameplate capacity will go up to approximately 23,000 tons.

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