Asahi Kasei x Teijin Frontier
Asahi Kasei Advance will be merged with Teijin Frontier to create a joint venture, in which Teijin will hold 80% ownership and Asahi Kasei will hold the remaining 20%.
Asahi Kasei Advance was formed in 2015 as a trading company that mainly deals with products from the Asahi Kasei Group, including fibres, nonwovens, textiles, chemical items, and construction materials.
Teijin Frontier is also a trading company, known for its strong global sourcing abilities and manufacturing systems that help develop and produce high-performance fibres.
Both Japanese companies believe that merging will be a better way forward than trying to grow Asahi Kasei Advance separately. By combining their strengths, they aim to build a more competitive company with a stronger base for future growth.
Hangzhou Asahikasei Textiles, a Chinese unit of Asahi Kasei that makes and sells textile products, will be moved under Asahi Kasei Advance before the merger takes place.
Claras Materials LLC has announced its launch as a specialised supply chain company focused on post-consumer textile raw materials.
Aegis Fibretech has presented results showing that its new electrospun materials can capture and contain neutrons generated in nuclear fusion…
Denim Deal, an initiative to promote circular practices in denim production, is working toward expanding textile recycling efforts in India…
Natural Fiber Welding (NFW), based in Peoria, Illinois, has introduced Pliant footwear outsoles made entirely from bio-based natural rubber.
Inspired by racquet sports, Pangaia has introduced a new collection that focuses on movement, material innovation, and modern dressing.
Karl Mayer has officially launched its Textile Innovation Center (TIC), marking an important step toward advancing global textile innovation and…