Entering the Next Stage of the Value Chain in the Airbag Industry – Asahi Kasei to Launch Airbag Fabric Sewing Operations in Vietnam in March 2020

Düsseldorf, November 27, 2019 – Asahi Kasei will launch the fabric sewing operation for airbags at its Vietnamese subsidiary Asahi Kasei Advance Vietnam in 2020. With this investment, the technology group enters the next stage of the value chain in the airbag industry.

The Japanese technology group Asahi Kasei announced the start of fabric sewing operations for airbags at its Vietnamese subsidiary Asahi Kasei Advance Vietnam for March 2020. The capacity will be incrementally raised to 2.5 million pieces per year until 2022, followed by a second increase to 5 million pieces per year in the coming years.

The Asahi Kasei Group supplies airbag manufacturers with yarn made of Leona™ PA 66 filament and has invested in a weaver that manufactures airbag fabric. Entry into the airbag fabric sewing business marks an expansion of Asahi Kasei”s airbag-related business and a step-up in the value chain.

Vehicle airbags are a major application of Leona™ PA 66 filament, and continuing growth is forecasted as vehicle production rises in Asia. At the same time the number of airbags per vehicle increases – with safety requirements become tighter worldwide. In addition, it is expected that with the advancing CASE (Connected – Autonomous – Shared – Electric) megatrends and the associated transformation of vehicle interiors, the design of airbags will undergo a lasting change. With its wide range of products and services for the airbag industry, Asahi Kasei can react quickly and flexibly to changing customer wishes and requirements.

Asahi Kasei Corporation is a globally active diversified technology company with operations in the Material, Homes, and Health Care business. The Material division encompasses fibers & textiles, petrochemicals, performance polymers, performance materials, consumables, battery separators, and electronic devices. The Homes division provides housing and construction materials to the Japanese market. The Health Care division includes pharmaceuticals, medical devices, and acute critical care devices and systems. With approximately 39,283 employees around the world, the Asahi Kasei Group serves customers in more than 100 countries and achieved sales of 17.6 billion euros (2,170.4 billion yen) in the fiscal year 2018 (April 1, 2018 – March 31, 2019).

Asahi Kasei is “Creating for Tomorrow” with all operations sharing a common mission of contributing to life and living for people around the world. For more information, visit:
www.asahi-kasei.co.jp/asahi/en/ and https://automotive-asahi-kasei.eu/

Asahi Kasei Europe GmbH
Sebastian Schmidt
Am Seestern 4
40547 Düsseldorf
Phone: +49 (0)211 280 68 139
E-Mail: Sebastian.Schmidt@asahi-kasei.eu
Url: https://www.asahi-kasei.eu/

financial relations GmbH
Henning Küll
Louisenstraße 97
61348 Bad Homburg
Phone: +49 (0) 6172 27159 12
E-Mail: h.kuell@financial-relations.de
Url: http://www.financial-relations.de

Die Bildrechte liegen bei dem Verfasser der Mitteilung.