Teijin Frontier, the Teijin group’s fibres and products converting company, has announced that it will merge its subsidiary companies Teijin Modern Yarn and Shinwa, to develop, manufacture, sell, and specially process yarns as Teijin Frontier Knitting, on April 1, 2021.
Teijin is a Japanese chemical, pharmaceutical, and information technology company.
The establishment of Teijin Frontier Knitting is meant to combine the variations of its two predecessors’ knitting machines with new development and quality-control capabilities for difficult products.
It also is expected to strengthen the global expansion of Teijin Frontier’s circular knitting business. In addition, Teijin Frontier Knitting will create next-generation materials in the special textured yarn field by integrating the unique technologies of its two predecessors while further strengthening development capabilities throughout Teijin Frontier.
Furthermore, the new company will strengthen the launch of new products both in Japan and worldwide by leveraging its expertise in circular knitting that incorporate special textured yarn, Teijin said in a press release.
Teijin Frontier, the world’s only business entity involved in the integrated manufacture and sales of fibres, has achieved steady performance in an uncertain global market, thanks to its rich experience and the strengths of its comprehensive framework for producing yarns, fabrics and finished products.
The group has continued to build up its business structure and basic technologies by strategically investing in five key fields; environment, infrastructure, healthcare, mobility, and global apparel textiles, and also new businesses, as well as by steadily upgrading its operating efficiencies and market responsiveness, Teijin said.