Toho Tenax is the core company of Japanese company Teijin Group’s carbon fibres and composites business. Hindoostan Technical Fabrics, Mumbai, is a manufacturer of carbon and aramid textiles, owned by textiles company Hindoostan Mills Ltd, part of the Thackersey Group.
This will be the first time Toho Tenax partners with a textile manufacturer in India’s carbon fibre sector.
Under the partnership, Toho Tenax will supply its Tenax carbon fibre to Hindoostan Technical Fabrics for weaving and processing into textiles. The two companies will jointly market products to manufacturers of composites.
| We believe that India’s carbon fibre composite industry is in its infancy and has substantial growth potential. Our collaboration with Toho Tenax, an industry leader in carbon fibre technology, will play a pivotal role in providing users with high quality, customised and competitive carbon fibre fabrics with reliable supply and strong application support. Our goal is to use our expertise and experience to continuously develop innovative textile solutions in the field of high performance composites. |
| Sudhir Thackersey, Chairman, Hindoostan Technical Fabrics Ltd |
The focus of the collaboration will be on the Indian composites industry, serving various industrial marktes, including transportation (including automotive, aerospace and rail), wind power; sports and leisure, medical equipment, construction and retrofitting, and electronics (such as computer and mobile phone housings).
Toho Tenax, which already supplies chopped carbon fibre in India, sees significant potential in the country's carbon fibre market. It says it is preparing to meet surging demand from various customers for highly valued intermediate material, including prepregs.
“The collaboration between Hindoostan Technical Fabrics, with its advanced textile technology and strong presence in the Indian market, and Toho Tenax, the world’s second largest carbon fibre maker with a proven track record in the global carbon fibre composite market, will enable us to quickly secure a stronger market position in India,” says Norio Kamei, president of Toho Tenax and head of the Teijin group’s carbon fibres and composites business.
“We aim to establish Tenax textile as a mainstream product in the fast-growing Indian composite market.”
India is one of the most strategic markets in Teijin group’s medium- to long-term growth plan.
