Headquartered in Mlada Boleslav, Benet Automotive is a Tier 1 supplier of automotive composite components. The company is noted for its advanced technologies related to carbon fiber reinforced plastic molding as well as its capabilities in vehicle painting and assembly.

The new GF-SMC molding line will strengthen Teijin’s response to market demands for greater design freedom, productivity and cost efficiency as well as weight reduction and strength. Benet Automotive has already received new orders from European and American automobile manufacturers for automotive components to be produced by the new line.

Amid the ongoing shift toward Connected, Autonomous, Shared, and Electric (CASE) automobiles, the automotive industry is urgently modifying its business models for lightweight, multifunctional next-generation vehicles. Teijin acquired Continental Structural Plastics Holdings Corporation (CSP) in 2017 to become a Tier 1 supplier of multi-material automotive composites. Teijin later acquired leading automotive- composite suppliers Inapal Plásticos SA in Portugal and Benet Automotive in the Czech