Continental Structural Plastics, Inapal Plásticos, Benet Automotive, CSP Victall and Teijin Automotive Center Europe are combining to form one brand: Teijin Automotive Technologies.
The rebranded company will be able to supply composite materials to automotive, heavy truck, marine and recreational vehicle customers through 29 manufacturing and technical centers in North America, Europe and Asia, a Sept. 22 news release said.
"With the integration of these organizations, we can supply expertise in a wide range of materials allowing us to develop solutions that address our customers' most difficult design challenges," Steve Rooney, CEO of Teijin Automotive Technologies and general manager of Teijin's composites business unit, said in the release.
"As Teijin Automotive Technologies, we are able to develop new materials, source them where and when they are needed, and provide the expertise that meets the world's ever-changing mobility needs," Rooney added.
The organization, which includes Teijin's automotive composites team in Japan, now has 5,400 employees.
Teijin Ltd. was primarily a supplier of carbon fiber material prior to investing in processors — including acquiring Continental Structural Plastics in 2016.
"Teijin … is currently engaged in a variety of research projects aimed at making its operations and products more environmentally friendly," the release said. "These include carbon footprint analyses, complete life cycle assessment of composite materials, and material recycling processes."
"Teijin has a very strong commitment to sustainability and the society of the future, so we are engaged in a number of initiatives that support this commitment," Rooney added. "By identifying sources of CO2 emissions in our materials and processes, we will identify ways to reduce our environmental impact and establish targets for long-term improvement."