Teijin links up with CCFA for more business prospects

Teijin Limited announced a partnership with the China Chemical Fibers Association (CCFA) to pursue business opportunities in the fields of chemical fibers and related industries in China. This is the first time for the CCFA to enter into a comprehensive alliance with a foreign private business.

Under the basic agreement, collaborations between Teijin group companies and major Chinese companies introduced by the CCFA will pursue various opportunities to:

- Enhance Chinese fiber products with added value, differentiation and greater production efficiency
- Develop high-performance fibers and related applications
- Nurture unique businesses
- Develop green solutions for greater sustainability, and
- Establish a closed-loop recycling system.

Teijin has already reached an agreement to set up a closed-loop system for recycling polyester with Zhejiang Jiabao New Fiber Group Co., Ltd., which is based in Shaoxing, Zhejiang province and is a group company of Jinggong Holding Group, a prominent company involved with environmental management.

The system will be created by leveraging Teijin’s leading-edge proprietary chemical recycling technology and business expertise cultivated through the global expansion of its Eco Circle closed-loop recycling system.

For more details please visit : Teijin links up with CCFA for more business prospects @ fibre2fashion