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Teijin signs high-performance materials supply accord with Safran

October 28/2020

MOSCOW (MRC) -- Teijin Limited announced that a long term master agreement has been signed by Teijin and Safran S.A., an international high-technology group and tier-1 supplier of systems and equipment in the Aerospace and Defense market, said Chemweek.

Teijin has been supplying high-performance materials to Safran for the last 25 years. The contract establishes the frame for the supply of Teijin's high-performance materials dedicated to the manufacturing of equipment parts for new generation aircrafts.

Teijin and Safran intend to reinforce their collaboration to meet the challenges of the aviation market, creating advanced technologies that lower production costs and environmental impact. Teijin may supply Safran with a variety of high-performance materials to manufacture various Safran products used for aircraft applications in commercial, defense industry or for space applications. Some of the first materials supplied to Safran should be manufactured by US-based Renegade Materials Corporation, a prepreg supplier specialized in high temperature resistant resin and safe, non-toxic polyimide prepreg materials, which Teijin acquired in 2019.

Safran Vice President, Materials Purchasing, Thierry Viguier, stated, "The signature of this master agreement materializes the growing relation between Safran and Teijin. Safran expects to reach new steps in aeronautical equipment performance and competitiveness, thanks to the innovation capacity of Teijin in high-performance materials." Shukei Inui, General Manager of Teijin's Carbon Fiber Business Unit commented that "This agreement with Safran is a milestone in our long and trustful relationship and will strengthen Teijin`s position as a reliable material supplier to the aircraft industry. Together with Safran, we will deliver innovative products and solutions, answering the industry`s needs for well-processable, cost efficient and sustainable light-weight materials."

Stated as the group's Strategic Focus in its Medium-term Management Plan for 2020Ц2022, Teijin is pushing forward its development of mid- to downstream applications for aircraft, targeting annual sales in this field of more than USD 900 million by around 2030.

As MRC informed earlier, Teijin Chemicals resumed production at its polycarbonate (PC) plant in Matsuyama, Japan in early August, after preventive maintenance. Repair work at this enterprise with a capacity of 130,000 tonnes/year began at the end of June.

According to MRC's ScanPlast report, overall estimated consumption of PC granules in the Russian market reached 58,000 tonnes in January-July 2020, up by 22% year on year (47,500 tonnes).

Teijin 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.
Author:Anna Larionova
Tags:petroleum products, crude oil, PK, PC granules, PC compounds, neftegaz, petrochemistry, Teijin Chemicals.
Category:General News
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