Teijin Limited plans to open a new center in Wuppertal, Germany to develop the company’s automotive composite business.
The new center will cover the concept, designing, prototyping, evaluations, marketing and technical research for automotive components, Teijin said. The company also plans to develop research into new technologies, greater design freedom, productivity and cost efficiency, and weight reduction and strength.
Teijin says that it will also establish bases for automotive composite technical functions in the USA and China with a target of automotive composite business sales of approximately €1.7 billion (US$2 billion) by 2030.
This story uses material from Teijin, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
