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#Composites

Teijin to acquire Benet Automotive

Teijin Limited announced today that it has agreed to wholly acquire Benet Automotive s.r.o. (Benet), a leading automotive composite and component supplier in the Czech Republic, from Jet Investment. Terms of the acquisition are not being disclosed.

Benet, headquartered in Mlada Boleslav, Czech Republic, is a tier one supplier of composite components to the automotive industry, offering advanced technologies for carbon-fiber-reinforced and glass-fiber-reinforced plastic molding, as well as the painting and assembly of vehicles. The company specializes in reinforced reaction injection molding (RRIM), a low-pressure process using polyurethane; and both conventional autoclave and resin transfer molding (RTM). Benet has three facilities in Czechia and one in Germany to serve European automotive OEMs including Volkswagen, Mercedes, BMW, Audi and Skoda. The company had 720 employees and recorded sales of EUR 35.2 million (USD 40 million) in fiscal 2018.

Teijin is growing its automotive composites business with proprietary lightweight, high-performance materials, and superior design capabilities, to become a multi-material component supply partner of automotive OEM customers served by Teijin hubs in Europe, North America and Asia. In Europe, Teijin acquired Inapal Plásticos SA, a leading automotive-composite supplier in Portugal, in August 2018; and is installing a glass- and carbon-fiber sheet-molding-compound (GF-SMC and CF-SMC) line in the French facility of Continental Structural Plastics, a world leader in automotive composites based in North America, which Teijin acquired in January 2017.


Benet has strategic proximity to the central and eastern regions of the European market where key German and other European OEMs operate production facilities. The company's well-proven supply record will provide a solid foundation for Teijin to further strengthen its solution development capabilities and sales channels in Europe.

As part of its multi-material strategy, Teijin will leverage Benet's capabilities in existing development projects and evolve chemistry of innovations with Teijin and CSP's outstanding material and molding technologies and technical team members to offer innovative automotive composite solutions that meet customers' future needs for lightness, toughness, design flexibility, productivity and cost-effeteness. Teijin is targeting automotive composite business sales of approximately EUR 1.7 billion (USD 2 billion) by 2030.

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#Yarn & Fiber

Teijin Aramid: Taiichi Machida to succeed Peter ter Horst as CEO

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#Yarn & Fiber

Teijin announces availability of DPP-compliant products aligned with Europe’s ESPR Environmental Regulation

Teijin Limited announced today that it has started rolling out initiatives to enable aramid fibers and carbon fibers to be accompanied by Digital Product Passport (DPP) technology, which enhances supply chain transparency by verifying the origins of materials and supporting sustainability claims. The company is using the supply chain traceability system from Netherlands-based Circularise B.V., in which Teijin has invested since November 2024, to develop DPPs for each product.

#Composites

Teijin Carbon showcases new eco-friendly Tenax Next™ R2S 513 6mm short carbon fiber at JEC World 2025

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#Recycling / Circular Economy

Teijin to invest in Circularise B.V. and adopt its supply chain traceability platform to promote the Circular Economy

Teijin Limited announced today that it will invest in Circularise B.V., a company based in The Hague, Netherlands, which develops product traceability management systems using blockchain technology. Teijin will also implement Circularise’s software to improve visibility into its global supply chain. Circularise’s proprietary “Smart Questioning”(*) solution, which utilizes Zero-Knowledge Proof (ZKP) technology, provides both anonymity and transparency to ensure a highly reliable product traceability system.

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#Composites

MEL Composites and Carrocerías Ayats collaborate on lightweight composite window frames

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#Composites

FLYING WHALES selects HEXCEL for the supply of composites materials for its LCA60T AIRSHIP

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#Composites

KONGSBERG and HEXCEL sign a long-term partnership agreement

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#Composites

Hexcel presents lightweight aerospace composite innovations at 55th International Paris Air Show

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#Recycling / Circular Economy

RE&UP debuts at Ecomondo 2025 to showcase circular fashion innovation

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#Natural Fibers

Bangladesh becomes World's largest importer in 2024/25 after China cuts imports by 65% to 1.1 million tonnes

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#Natural Fibers

ICAC announces postponement of the 83rd Plenary Meeting in Tanzania

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#Textile chemistry

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