Teijin Limited is opening the Teijin Composites Application Center (TCAC) to develop automotive and other industrial applications of carbon fiber reinforced thermoplastic (CFRTP) composite products in Auburn Hills, Michigan. In December 2011, Teijin signed an agreement with GM to co-develop advanced carbon fiber composite technologies for potential high-volume use in GM cars, trucks and crossovers. (Earlier post.) This co-development will take place at the TCAC.
The TCAC is part of Teijin Advanced Composites America Inc. (TACA), a company Teijin established in December 2011 to conduct marketing and develop applications for CFRTP composite products. TACA is a wholly owned subsidiary of Teijin Holdings USA, Inc., the Teijin Group’s holding company in the United States.
Teijin’s CFRTP composite business is centered on its novel technology for high volume production of CFRTP components with cycle times of less than a minute, a breakthrough that overcomes one of the biggest challenges in the automotive industry and represents a long stride towards the increasing usage of carbon fiber in automobiles and other products.
The opening of the TCAC will mark another milestone in Teijin’s global expansion of its carbon fiber composite business. Teijin says it will continue to develop markets in the field of carbon fiber composite products, aiming at annual sales of €150 billion to €200 billion (US$1.8 billion to US$2.4 billion ) by around 2020.