NEWS RELEASE

Teijin Establishes Carbon Fiber Products Operations in Vietnam
Tokyo, Japan, July 12, 2021 --- Teijin Limited announced today that Teijin Carbon
Vietnam Co., Ltd. (TCV) in Ha Nam, Vietnam, has started operating commercially to
manufacture carbon fiber products including prepreg, a fiber sheet pre-impregnated withmatrix resin as an intermediate material for composites. TCV initially will produce
carbon fiber materials for sports and outdoor activities, including fishing, golf, bicycle
and ice hockey goods, for markets in Southeast and South Asia and Asia-Pacific. Sales
will be handled by TCV as well as carbon fiber sales affiliates of Teijin operating inthese markets.
TCV, Teijin’s carbon fiber business base in Vietnam, was established in May 2019 tomanufacture carbon fiber products, aiming to capitalize on the expanding demand forcarbon fiber while strengthening Teijin’s global business capabilities.
Teijin’s sales affiliates in Singapore, Shanghai and Taipei work to identify demand
opportunities as well as provide customer services in Asia. Internal collaborations
between these companies and TCV will strengthen Teijin’s presence in the upstream
and downstream sectors of Asia’s fast-growing markets.
Increasingly strict environmental measures and the upgrading of environmental
frameworks, such as sustainable development goals (SDGs) and the Paris Agreement,
are expected to stimulate greater use of lightweight and highly rigid carbon fiber.
Demands are growing in Asia, especially in the fields of sports and outdoor activities,industry and aerospace. COVID-19, for example, has led to new trends in sports andoutdoor activities, such as renewed interest in fishing due its compatibility withsocial-distancing protocols.
Teijin, aiming to become a company that supports the society of the future, will continue
to transform its involvement with carbon fiber and related businesses under a targetedlong-term vision.
Teijin Carbon Vietnam Co., Ltd.
Location
Ha Nam Province, Vietnam
Establishment May 4, 2019
Main business Manufacture and sales of carbon fiber materials
About the Teijin Group
Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in thefields of environmental value; safety, security and disaster mitigation; and demographic
change and increased health consciousness. Originally established as Japan's firstrayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing
three core business domains: high-performance materials including aramid, carbon
fibers and composites, and also resin and plastic processing, films, polyester fibers andproducts converting; healthcare including pharmaceuticals and home healthcare
equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing
care and pre-symptomatic healthcare; and IT including B2B solutions for medical,
corporate and public systems as well as packaged software and B2C online services for
digital entertainment. Deeply committed to its stakeholders, as expressed in the brandstatement “Human Chemistry, Human Solutions,” Teijin aims to be a company that
supports the society of the future. The group comprises more than 170 companies andemploys some 20,000 people across 20 countries worldwide. Teijin posted consolidated
sales of JPY 836.5 billion (USD 7.7 billion) and total assets of JPY 1,036.4 billion (USD9.5 billion) in the fiscal year that ended on March 31, 2021.
Press Contact
Corporate Communications
Teijin Limited
pr@teijin.co.jp