- In July 2021, TEIJIN LIMITED commenced commercial operations for manufacturing carbon fiber products, including prepreg, in Vietnam. This expansion has significantly increased the company's production capacity for composite intermediate materials. The strategic move bolsters TEIJIN LIMITED's growth trajectory, allowing for greater output and meeting the rising demand for advanced carbon fiber composites in various industries
- In May 2021, Toyobo Co., Ltd. became a first-close investor in the JMTC Chemical and Materials Investment Limited Partnership, an investment fund supporting start-ups developing new materials. This strategic partnership contributed to increased company output and subsequently boosted profits. Toyobo Co., Ltd.'s collaboration with the investment fund aligns with its commitment to fostering innovation in material development
- In March 2021, NITTO DENKO CORPORATION fortified its oligonucleotide therapeutic manufacturing business in Japan, making substantial investments. This strategic move resulted in a noteworthy expansion of the manufacturing capacity for oligonucleotide therapeutics, positioning NITTO DENKO CORPORATION to meet the growing demand for advanced therapeutic solutions and reinforcing its presence in the biopharmaceutical industry
