Teijin, a large Japanese chemical material manufacturer, will build a new plant in China. The plant will produce glass fiber reinforced plastics (GFRP) for auto parts. Teijin's products will be sold to many Japanese, American and European automobile manufacturers stationed in China.
Auto parts materials：Electric vehicle battery with glass fiber reinforced plastic casing
In recent years, due to the development of China's pure electric vehicle market, the demand for pure electric vehicles has continued to expand. Teijin will increase its competitiveness in the pure electric vehicle market by engaging in one-stop business from materials to processing.
A joint venture between Teijin's US subsidiary Continental Structural Plastics (CSP) and Chinese railway parts maker VICTALL will build a new plant in Jiangsu Province. The company started building and operating a plant in Tangshan, Hebei Province in 2014. The Jiangsu plant is its second production base in China.
The new plant will start construction in September, and strive to be put into production in 2020. Although Teijin did not disclose the specific investment quota this time, it is expected to reach billions of yen.
Because glass fiber reinforced plastic (GFRP) not only has the characteristics of lighter than steel and other metals, but also is easy to process, it can also reduce the total weight and number of auto parts to a certain extent. Due to the rapid development of the pure electric vehicle market and its design in recent years, the demand for lightweight parts for automotive batteries has also increased year by year.
It is reported that Teijin will increase the production and supply capacity of materials to speed up the response to market demand. The new plant that has been put into production this time is close to the concentration of automobile manufacturers in various countries, and has considerable advantages in terms of transportation costs. At the same time, Teijin will also propose pure electric vehicles. Battery box and other solutions.