Start of Business Incubation & Development at Teijin Aramid

Two Management Team Appointments

ARNHEM, the Netherlands, May 25 /CNW/ - Teijin Aramid in Arnhem starts a new department, Business Incubation & Development. Teijin hopes this will enable the company to have a quick and flexible answer to the market demand for innovative technologies. The new unit will focus on the development of new markets, with new products and technologies.

In April 2010, the Teijin Group finalized an important organizational change into the Aramid Fibers Business Group (AFBG). The AFBG is under the management of Eiso Alberda van Ekenstein, and with that he has become the first non-Japanese member of the Management Board of the Teijin Group. His previous position as CEO and President of Teijin Aramid has been taken over by Gert Frederiks, who until then was the Marketing & Sales Director. Christoph Hahn is appointed Marketing & Sales Director at Teijin Aramid as of April 1st. Before that, Hahn was business manager Heat and Cut Protection.

Before this change, the business incubation & development activities formed part of Marketing and Sales under the management of Gert Frederiks. During the transition to the AFBG it was decided to create a fulltime Management Team position for this, under the management of Peter Paping.

Business Incubation and Development will play a vital role between Research & Development on the one hand, and the global marketing and commercialization of Teijin's Aramid products on the other. On the one hand, the department will focus on a number of sectors where the Teijin Aramid products and applications already hold a good reputation, and on the other it will look for new markets and new products and product applications. The sectors Teijin Aramid currently operates in include the automotive, construction, defense, aviation, cable, ballistics, optical cable and offshore industries.

The Aramid Fibers Business Group was set up in order to combine the global knowledge of and experience with Aramid products, in which Teijin Aramid, with its head office in Arnhem, will be playing a crucial role in the global fiber technology. This organizational change was started in April last year and was finalized recently.

SOURCE TEIJIN ARAMID

For further information: For further information: about Teijin Aramid http://www.teijinaramid.com; For more information about the Teijin Group, http://www.teijin.co.jp/english; For additional information on Teijin Aramid, please contact: Peter Coolen, T: +31(0)6-474-08-265, E: peter.coolen@cohnwolfe.nl

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