“Teijin’s new CFRP compression moulding technology offers a low cost-to-performance alternative, which makes it ideal for metal replacement in large structural body-in-white components,” explains Sandeepan Mondal, Senior Research Analyst at Frost & Sullivan.
“The drastically reduced cycle times along with the development of economical thermoplastic resin intermediate materials and high processability which gives processors greater design freedom, have paved the way for Teijin to be a technology leader in automotive carbon composites. These achievements of Teijin are deservedly recognised with the Frost & Sullivan 2011 Global Technology Innovation Award.”
“The award is highly meaningful for us as we accelerate our expansion of advanced composite materials – one of the pillars of the Teijin Group’s long-term growth strategy," notes says Norio Kamei, general manager of Teijin’s Carbon Fibers and Composites Business Group and president of Toho Tenax Co Ltd.
"We will further our efforts in this key field, aiming to facilitate new vehicle architecture featuring significantly lighter bodies.”
Frost & Sullivan’s Technology Innovation Award is presented each year to companies that demonstrate outstanding excellence in new products and technologies within its industry. Teijin’s innovation was benchmarked against leading competitors in the industry, in terms of uniqueness of technology, impact on new products/applications, impact on functionality, impact on customer value and relevance of innovation to the industry.
Frost & Sullivan is a consulting and market research firm with operations worldwide.
