Tokyo, Japan, October 17, 2011 ---Teijin Limited announced that as a result of flooding due to torrential rainfall in Thailand, operations have been temporarily suspended at Teijin (Thailand) Limited in the Bang Pa-in Industrial Estate and Teijin Cord (Thailand) Co., Ltd. in the Rojana Industrial Park, both located in Ayutthaya Province. No injuries to Teijin employees have been reported.
The detailed status of both companies has not been confirmed as their facilities cannot be entered at this time.
Teijin Polyester (Thailand) Limited in Pathum Thani Province suspended operations on October 16 as a safety precaution due to flooding in surrounding areas.
If Teijin concludes that group performance is expected to experience a significant impact, relevant information will be disclosed immediately.
Status of Teijin Group consolidated subsidiaries in Thailand
| Teijin Polyester (Thailand) Limited |
| Location | Pathum Thani Province |
| Representative | Masaya Endo |
| Employees | Approximately 900 |
| Main business | Manufacture and sales of polyester filament yarn, staple fiber and industrial fiber |
| Current status | Operation suspended on Oct. 16 due to flooding in surrounding area. |
| Teijin (Thailand) Limited |
| Location | Bang Pa-in Industrial Estate in Ayutthaya Province |
| Representative | Masaya Endo |
| Employees | Approximately 500 |
| Main business | Manufacture and sales of polyester filament yarn and staple fiber |
| Current status | Operation suspended on Oct. 12 due to flooding in surrounding area. The site has been flooded since Oct. 15. |
| Teijin Cord (Thailand) Co., Ltd. |
| Location | Rojana Industrial Park in Ayutthaya Province |
| Representative | Kenji Obora |
| Employees | Approximately 100 |
| Main business | Manufacture and sales of core materials used in the carcasses of transmission belts for production machinery |
| Current status | Operation suspended on Oct. 8 following closure of the Rojana Industrial Park. The site has been flooded since Oct. 8. |
| Thai Namsiri Intertex Co., Ltd. |
| Location | Textile plant: Wellgrow Industrial Estate in Chachoengsao Province
Dyeing plant: Samut Prakan Province |
| Representative | Toshiya Yamaguchi |
| Employees | Approximately 500 |
| Main business | Manufacture and sales of polyester textile |
| Current status | Operating normally |
About the Teijin Group
Based in Tokyo and Osaka, Japan, Teijin is a global technology-driven group operating in eight main fields: aramid fibers, carbon fibers & composites, polyester fibers, plastics, films, medical & pharmaceuticals, fiber products marketing and IT businesses. Teijin Limited, the holding company for the Teijin Group, is listed on the Tokyo and Osaka stock exchanges. The group, comprising 150 companies and 17,542 employees worldwide, had consolidated sales of JPY 815.7 billion (USD 10.6 billion) and total assets of JPY 761.5 billion (USD 9.9 billion) in the fiscal year ending March 31, 2011.
Press Contact
Public Relations & Investor Relations Office
Teijin Limited
Tel: +81-3-3506-4055
E-mail:
pr@teijin.co.jp
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