Teijin Acquires Continental Structural Plastics

January 16 2017

Teijin Limited has completed the acquisition of all the shares of Continental Structural Plastics Holdings Corporation (CSP), a global leader in automotive lightweight composite technologies. This USD 825 million acquisition was completed on January 03. The automotive composite products business of the Teijin Group is targeting annual sales of USD 2.0 billion by 2030.

Through this acquisition, the Teijin Group will realize significant materials synergies, with CSP, enabling the combined companies to utilize high-performance composites technologies including glass fiber reinforced thermosets and thermoplastics, carbon fiber, aramid fibers and multi-material hybrid composite solutions.

For identifying growth opportunities of thermoset resin in the composites industry, please visit
http://www.lucintel.com/thermoset_resin_in_composites_industry.aspx

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