News from Notch Consulting, Inc.

June 17, 2010

Twaron Aramid to restart aramid unit in Netherlands

Filed under: Tire Cord — Notch @ 10:47 pm

Bolstered by stronger-than-expected demand, Teijin Aramid will restart the last spinning line for aramid fibers at its plant in Emmen, Netherlands. After declining sharply in 2009, demand for Teijin Aramid’s Twaron fiber recovered in the first half of 2010, and the forecast for 2010 production has been adjusted upwards. With the restart of the last spinning line, all of the company’s spinning lines will be operational and production will be at full capacity. The schedule calls for this spinning line to be operational once more and stable in the last quarter of 2010. A large number of spinning lines were shut down in 2009 in response to declining market demand. The restarting of the last spinning line will require the hiring of 30 additional employees.

At the end of May, the Association of Dutch Chemical Industry (VNCI) announced that the chemical industry in the Netherlands was showing strong recovery. Production rose by 21.7% in the first quarter of 2010 over the same period in 2009.

The full press release is here.

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